Ethereum whales add 140,000 ETH as price holds near $2,300, eyeing $2,400 breakout for next move

Ethereum whales have increased their holdings by over 140,000 ETH in the past four days, accumulating about $322 million worth as the price remains near $2,300. This steady buying by large holders suggests confidence despite the price staying relatively flat, with key support at $2,200 crucial to avoid a drop toward $1,900. A clean breakout above $2,400 could open the path for Ethereum to reach resistance levels at $2,600 and $2,800, although broader recovery faces a major test near $3,700. Traders remain cautious, waiting for clearer momentum before making new moves.