Ethereum Whales Shed 1.63M ETH in 2026; Price Below $3,000, ETFs See $600M Outflows

Ethereum whales' balances slipped from about 31 million to just over 29 million by January 23, redistributing 1.63 million ETH since 2026 began. Spot ETH ETFs shifted from early‑month inflows to more than $600 million outflows in the prior shorter trading week, leaving cumulative net inflows at $12.30 billion, while ETH trades below $3,000 and faces $3,085 and the 200‑day MA near $3,300.