1) What is an Ethereum whale?
An Ethereum whale is an individual or entity that holds or moves a very large amount of ETH, large enough to influence market liquidity and price.
2) What does the $600M Ethereum move mean?
The $600M move suggests strong market conviction or strategic positioning and can impact short-term Ethereum price volatility.
3) How do ETFs affect Ethereum price?
Spot Ethereum ETFs require actual ETH holdings, and ETF inflows reduce available supply on exchanges, which can support Ethereum price.
4) Is whale activity always bullish for ETH?
Whale activity is not always bullish, as large moves can involve leverage or internal transfers and may increase downside risk.
5) What should investors watch after such whale moves?
Investors should monitor exchange balances, ETF inflows, leverage levels, and Ethereum price reactions around key support levels.