coin-img-ETHETH+1.63%coin-img-BTCBTC+0.20%coin-img-SOLSOL+0.89%coin-img-OKBOKB-2.00%coin-img-ROBOROBO+6.45%coin-img-OPNOPN-5.80%coin-img-TAATAA-35.33%coin-img-XRPXRP-0.95%coin-img-ETHETH+1.63%coin-img-BTCBTC+0.20%coin-img-SOLSOL+0.89%coin-img-OKBOKB-2.00%coin-img-ROBOROBO+6.45%coin-img-OPNOPN-5.80%coin-img-TAATAA-35.33%coin-img-XRPXRP-0.95%coin-img-ETHETH+1.63%coin-img-BTCBTC+0.20%coin-img-SOLSOL+0.89%coin-img-OKBOKB-2.00%coin-img-ROBOROBO+6.45%coin-img-OPNOPN-5.80%coin-img-TAATAA-35.33%coin-img-XRPXRP-0.95%coin-img-ETHETH+1.63%coin-img-BTCBTC+0.20%coin-img-SOLSOL+0.89%coin-img-OKBOKB-2.00%coin-img-ROBOROBO+6.45%coin-img-OPNOPN-5.80%coin-img-TAATAA-35.33%coin-img-XRPXRP-0.95%
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Erastus Chami

Ethereum co-founder shifts 79,176 ETH to Kraken as price tests $1,800 support zone

Ethereum co-founder Jeffrey Wilcke moved 79,176 ETH, valued at about $157 million, to Kraken, raising concerns about additional supply on exchanges. At the same time, ETH is trading inside a descending channel, hovering above the $1,800 support area with resistance zones overhead and rising leverage across derivatives markets. Persistent exchange outflows and a strong long bias among top Binance traders contrast with founder-linked flows and sizable short bets, leaving Ethereum in a fragile positioning environment.
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