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Ethereum whale moves $157M ETH after 9 years; ETH price risks dropping below $2,200 support.

Technical Signals
14 May 2026
AMBCrypto
View Source
Bearish
pluang ai news

A dormant Ethereum whale reactivated after nine years, transferring nearly $157 million worth of ETH across new wallets. This move could signal asset security measures or preparation for future selling, but so far, it hasn't increased sell pressure as tokens haven't hit exchanges. Despite some accumulation by other investors, Ethereum's price structure remains weak, with bearish institutional sentiment and technical indicators suggesting potential further decline toward $2,175 if key resistance near $2,320 isn't reclaimed. The market awaits clearer bullish signals to stabilize ETH's price.

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