Whales swap $16M ETH for WBTC; ETH/BTC hold 0.037 support
Ethereum recent sell-off na come from whale and institution dem flow. One whale swap 3,900 ETH (~$16.26 M) to WBTC, while institution dem withdraw about $38 M from FalconX. Even though these money dem dey comot, ETH/BTC ratio still hold near 0.037—above main 0.033 support level—show say na temporary switch go Bitcoin, no be proper market trend turn for Ethereum. CryptoQuant data show retail holders drop to 8.6 M ETH, while big accounts gather up to 10.8 M ETH, meaning small holders dey sell while big investors dey buy. Arkham data show mixed institution behavior: some company sell for Coinbase, others waka carry ETH comot from exchange. Traders suppose watch ETH/BTC support, exchange flows and liquidation zones. If e fall under 0.033, e fit confirm say altcoins dey weak, but if e stable above 0.037, e fit mean Ethereum go recover.
Neutral
Wen big ETH dem comot from whales and institutions dey pressure market small time, di ETH/BTC ratio wey steady around 0.037 mean say down side no too much. History show say wen big addresses dey gather on-chain during sell-off, e fit come before market go up again. Dis kain thing don happen before, wen retail people surrender but whales dey gather more, e dey make short term trading steady or small positive. Long term, things depend on Ethereum fundamentals and how altcoin market dey feel; if 0.033 ETH/BTC support break well, e fit cause big move go Bitcoin, but if level hold, e fit help ETH price recover.