Ethereum Whales Redistribute $430M in ETH: Market Remains Bullish

Ethereum's largest wallets redistributed $430 million in ETH over the past 24 hours, marking one of the biggest whale activity spikes in recent weeks.

The move did not trigger panic, as the market absorbed the transfers while keeping prices above major support levels.

Market participants closely watched whether the tokens reached exchanges or simply changed ownership between large holders.

Binance's Top Trader Long/Short Ratio continued to favor buyers, with a 1.61 long-to-short ratio and 61.74% of positions held long.