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Ethereum whale buys 7,000 ETH, exchange outflows rise, keeping price above $1,700 support.

Technical Signals
19 Jun 2026
AMBCrypto
View Source
Bullish
pluang ai news

A major Ethereum whale bought 7,000 ETH worth $11.8 million, increasing total whale purchases to 17,800 ETH in ten days, signaling strong confidence from large holders despite recent price struggles. Exchange data showed a net outflow of $13.35 million, reducing available ETH supply on exchanges and lowering immediate selling pressure. Ethereum's price remains above key support at $1,700 but faces resistance near $1,800, with technical indicators showing limited bullish strength. Liquidity zones around $1,720-$1,730 and $1,665-$1,675 are key levels to watch for potential price moves.

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