Ethereum Whale Redistribution: $85M Offloading Pushes Price Towards $3,660 Resistance

Ethereum whales have taken profits by selling off around $85 million worth of ETH over the past week, coinciding with price fluctuations and a key resistance level approaching. This move comes as Ethereum’s price has tested resistance near $3,660. 23 addresses holding more than 10,000 ETH saw significant reductions in holdings. The timing of this redistribution coincides with the price testing critical resistance levels.