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Whales just dropped $400M+ in $ETH longs while spot buyers are defending the $3K zone like a fortress.
This isn’t noise, it’s conviction.
When the biggest players take the same side, the market listens.
If ETH holds above $3,000, the next move could be explosive.
If it loses this level… expect a quick 8–10% sweep.
Ethereum is at a make-or-break floor, and the smart money is already choosing its direction.