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Over 28,500 ETH Sold by Whales as ETH Tests Key Support at $2,882

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ETH
$2,991.620.3%
Ethereum (ETH) faced heavy selling pressure as over 28,500 ETH were offloaded by large holders, including 14,585 ETH from a wallet linked to Konstantin Lomashuk. Despite the aggressive distribution, ETH held above $2,882, consolidating near $2,957 on KuCoin support. On-chain data showed concentrated selling via both decentralized and centralized exchanges, with liquidity clustered above $3,000 on a high liquidity exchange. Traders are watching the $2,882 support level and RSI stabilization for potential directional clues.
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