#ETHWhaleAccumulation ETH WHALES SPLIT MARKET INTO TWO-WAY FLOW — ACCUMULATION VS SELLING PRESSURE ETH continues to trade as a pure on-chain institutional battleground. • Whale (Feb accumulation cycle) → borrowed $50M from Spark to buy ~20K ETH at ~$2,010 • Bitmine treasury inflow → received 25K ETH (~$50.56M) from Kraken → reinforcing institutional accumulation flow Total on-chain inflow: ~$100M At the same time: • Large whale distribution → sold 45K ETH (~$92.15M at ~$2,048 avg) Market snapshot: * $ETH: accumulation + distribution running in parallel * $BTC: +0.11% (slight risk-on support) * Net flow: balanced, no clear directional breakout Conclusion: ETH is locked in a dual liquidity structure where institutional buying and large-scale profit-taking are absorbing each other. $ETH +0.00% | $BTC +0.11% @OKX Orbit #HYPEAllTimeHigh