Key Insights

• As of June 14, Ether is priced at $2,508, having bounced from a previous low of $2,454. This indicates strong support at the $2,500 level.
• Whale and shark wallets, which hold between 1,000 and 100,000 ETH, have added 1.49 million coins to their holdings over the last 30 days, now controlling 26.98% of the total Ethereum supply, according to data from Santiment.
• Recently, U.S.-listed spot Ethereum ETFs experienced $2.1 million in outflows, ending a streak of 19 days of inflow. This reflects a potential shift in institutional interest.
• Despite recent price volatility, large wallet holders are expanding their positions, contrasting the behavior of smaller retail investors who are taking profits.

Ether (ETH) Ether (ETH) traded within a range of $2,499 to $2,580 on June 14, stabilizing near $2,519 after a late-day rebound.

The fluctuations in ETH trading suggest robustness despite changes in retail participation, emphasizing the enduring confidence among significant market players.