Ethereum Tests $2,750 Support as Whales Accumulate Amid $500 Million ETF Outflows

Ethereum is trading near a critical support level at $2,750, with analysts warning of limited downside cushion if this zone fails. Whale wallets have accumulated millions in ETH, including a recent $59.17 million purchase, while spot ETFs recorded approximately $500 million in net outflows. Open interest in Ethereum futures remains stable at $15.46 billion, suggesting leveraged traders have not initiated mass closures.