ETH Supply Shock Brewing? Whales Hitting Cold Storage

Just in: Seeing massive whale clusters moving off exchanges into cold storage for ETH. We haven't seen this kind of supply shock setup since the pre-Merge days. Everyone is watching the ETF flow, but the real play is this supply dry-up happening behind the scenes. If you're wondering why the sell-side pressure feels non-existent despite the chop, this is your answer. Keep your eyes on the $2,800 level.