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Ethereum whales moved $430M in ETH but price held strong, signaling buyer confidence.

Technical Signals
29 Jul 2026
AMBCrypto
View Source
Bullish
pluang ai news

Ethereum's largest wallets redistributed 226,435 ETH worth nearly $430 million in 24 hours, marking a significant whale activity spike. Despite this, the market absorbed the transfers without a sharp price drop, as buyers maintained control and the price stayed above key support levels. Professional traders showed bullish sentiment with a long-to-short ratio favoring buyers and positive futures funding rates, indicating confidence in higher prices ahead. Ethereum currently trades near resistance around $1,918, with potential to challenge $2,145 if buyers hold, while rejection could push prices back to $1,830 before recovery attempts.

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