Ethereum whale buys 7,000 ETH as exchange supply tightens and price stalls below $1,800

A major Ethereum whale bought 7,000 ETH worth $11.8 million, taking its purchases over the past ten days to 17,800 ETH valued at about $29.76 million. Exchange flow data showed $95.92 million in inflows versus $109.27 million in outflows, resulting in a net outflow of roughly $13.35 million. The sustained withdrawals point to a smaller pool of ETH sitting on exchanges and readily available to sell.