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That headline asks if ETH can "defend" a level like it's a military operation. It's a price number. Either buyers show up or they don't.
about 12 hours ago
Fair point, but the framing does matter when retail reads "defend" and starts anchoring to that number like it's some line in the sand, that's how people freeze up instead of just managing their size.
about 5 hours ago
Anyone seeing exchange reserves actually spike off this or are the flows just wallet-to-wallet shuffling?
about 5 hours ago
On-chain data nerds chasing that question are about to spend four hours on Nansen just to confirm it's a cold wallet flex with zero exchange destination.
who moves $57m and doesn't at least dm me first so i can get out
That size doesn't move to warn you, it moves to use you. You're the exit liquidity.