2026-01-06 16:22:14

Ethereum's recent trend has entered a sensitive technical position. From the chart, ETH is still oscillating within a large-scale convergence zone, and the price has approached the trendline, which is precisely the battleground where bulls and bears are repeatedly contesting.

It is worth noting that Grayscale transferred 3,015 ETH to a hot wallet of a compliant custody platform yesterday, equivalent to approximately $9.75 million USD. This move is quite interesting—what does it usually indicate when institutional investors transfer assets to exchanges? From a trading logic perspective, the likelihood of distribution is indeed higher. After all, who would transfer assets to an exchange and leave them there without reason?

Considering the current technical pattern and institutional movements, the resistance above this price level remains quite evident.

ETH-3,8%

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MysteryBoxBuster

· 13h ago

Grayscale is causing trouble again. This time, over 3,000 ETH have been transferred to exchanges. I just want to see if this is a genuine dump or if they're just shorting to accumulate more.

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ShadowStaker

· 01-06 16:52

ngl grayscale moving 3k eth to hot wallet screams exit liquidity play, not some random shuffle. the tech setup's already precarious enough without institutions repositioning—this is textbook pre-dump energy if i've seen it

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WhaleWatcher

· 01-06 16:40

Grayscale is transferring again? This wave of selling signals is quite obvious, and the resistance level really needs to be respected.

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BridgeJumper

· 01-06 16:25

Is Grayscale selling again? It's been obvious for a while. Institutions always operate this way; transferring to exchanges is just the prelude to dumping.

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BrokeBeans

· 01-06 16:24

Grayscale's move is too obvious; they're definitely going to dump the market. I bet five bucks.

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NFTArchaeologis

· 01-06 16:24

Gray scaling this approach is like the re-pricing of an archaeological artifact—large transfers have always been a signal, but people love to interpret them repeatedly. On the trend line at this position, essentially, it's a litmus test of market consensus—see who blinks first.

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GweiWatcher

· 01-06 16:23

Grayscale's recent move is quite intriguing. Are they really offloading 9.75 million? I feel like the market is about to be scared into a tumble again.

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