#以太坊大户持仓变化 ETH withdrawal surge, is the price about to break through?

Recently, there have been interesting signals in the data—the net outflow of ETH from centralized exchanges in the past 24 hours is 129,100 ETH. In other words, a large amount of capital is actively leaving exchanges. What does this mean? It could be a shift towards self-custody or institutions stocking up at low levels. From a market liquidity perspective, the reduction of Ethereum holdings on CEXs will inevitably impact the supply side.

Currently, the price is stuck around $3,259. Looking closely at the technicals, the $3,238 level has become a repeated testing point over the past three days—each dip down is supported at this level. There is a stronger defense line at $3,132 below. On the upside, the $3,290 zone has faced multiple resistance, and $3,360 has become a clear pressure level. This repeated battle often indicates that the market is accumulating strength.

From a candlestick perspective, when withdrawal acceleration repeatedly encounters technical support, it usually signals that the consolidation is about to end. Institutions leaving exchanges, retail investors possibly waiting on the sidelines, and technical support building—this combination is not unfamiliar and often appears on the eve of a breakout.

**For holders**: The vicinity of 3238 can be seen as an entry opportunity. Once the price effectively breaks through 3290, the next target naturally points to 3360. However, consider taking partial profits near 3350, as the move from the bottom to this level has already been substantial.

**For those still observing**: Instead of chasing the high, it’s better to wait for a pullback to confirm support before entering. 3238 is a reasonable reference point.

Why shouldn’t 3360 be seen as the end point? Because if supply truly tightens (withdrawals continue to flow out), a breakout above a key resistance usually brings stronger upward momentum. The market logic is straightforward: reduced supply + confirmed demand = price re-evaluation.

Of course, any trading decision must be based on risk management. Stop-loss and position control always come first. No one can predict market movements precisely, but data doesn’t lie—accelerating withdrawals are objective, and technical support is visible. The rest depends on individual risk tolerance and trading rhythm.