Ethereum Whale’s Move Sparks Concern as Market Hesitates Near Crucial Pattern

A large Ethereum holder recently moved $14.8 million worth of ETH from their portfolio to Kraken exchange. This move has raised eyebrows among market observers, as it comes amid a tightening bullish triangle pattern that signals market uncertainty. Ethereum price currently hovers near $1,641 with low trading volume, reflecting indecision and heightened volatility as bulls and bears clash below the key resistance at $1,670.