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Ethereum Price Faces $2,800 Wall Again — Are Whales Selling or Accumulating ETH?

Coinpedia·October 3, 2026·1 min read
Ethereum Price Faces $2,800 Wall Again — Are Whales Selling or Accumulating ETH?

Ethereum price faces the $2,800 resistance again, with on-chain signals intensifying. Large ETH transactions have surged, older coins are moving, and exchange-held supply continues to trend lower. Holder profitability is recovering even as market sentiment weakens, suggesting whales may be accumulating rather than selling.

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