Ethereum Holds Near $1,600 as Whale Activity and Stablecoin Data Hint at a Potential Trend Reversal

TLDR: Ethereum is trading near $1,600, approximately 21% below its 30-day peak amid sustained market weakness. Two whale wallets withdrew $58.83M in ETH from Kraken and Bitgo, matching prior Bitmine purchase patterns. Binance stablecoin reserves and netflows have shifted to neutral, signaling a pause in aggressive capital flight. The bullish regime shift probability has climbed [...]

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