That whale has appeared again—2,900 ETH rapidly flowing into a major exchange. This whale currently holds 20,081 ETH. At the current price, this operation amounts to approximately $9.3 million, which is no longer just a simple trade but a clear capital deployment.



**News vs. Main Force Intentions**

From the order book data, the most interesting detail is: every time the price approaches 3250, there are sell-offs, but the selling volume is gradually decreasing. What does this indicate? The bears are gradually abandoning their defense. The direction of the 2,900 ETH entry is crucial—it chose to flow into the exchange rather than be stored in wallets, usually implying plans for further action in the short term.

**Technical Position Game**

Looking at the current pattern, 3076 is a strong support, 3171 is the central level, and 3262 is an upper resistance. The price has been oscillating narrowly between 3171 and 3262, but the order imbalance shows +0.30%, with large main force orders continuously eating up. More notably, every time it hits 3076, mysterious buy orders support the market. Such regular operations are unlikely to be retail investor behavior.

From three failed attempts to break 3250, the resistance at this level cannot be ignored. But each pullback has not broken below 3171. This "three attempts fail, then a breakout" pattern is indeed worth paying attention to from a technical perspective.

**Breakout or Trap?**

If tonight's price can break through 3262, 3300 is no longer a dream. Conversely, if it continues to be suppressed around 3171 repeatedly, caution should be taken as this level might become a trap. The key risk point is: most retail investors are waiting to buy at 3171, but the true intention of the whale remains unclear.

In terms of operation, consider lightly testing long positions with 3171 as the stop-loss. Once it breaks through 3262, that signals a genuine entry for adding positions. Although the 3300 target looks tempting, the prerequisite is to break 3262—otherwise, it could easily turn into a trap for a bear counterattack.

The rule in crypto is like this: the apparent support levels often hide the main force's calculations. Recognizing "false breakouts" and "genuine rallies" requires combining news, capital flow, and technical analysis.
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MeaninglessGweivip
· 01-09 07:02
Whales are dumping again. Is this serious this time or are they trying to trick us into buying in again? It looks like they are testing 3262, but I’m still a bit skeptical... Last time they said they would break through 3250 too. $9.3 million USD entered the exchange. Is this guy really planning to act or just putting on a show? I can't quite understand. Are the bears giving up on defense? I feel like they are still tightly blocking it. The 3171 level feels like a big trap, retail investors are all going long, but what about the whales... Instead of guessing the whales' intentions, it’s better to see if they break through 3262. That would be the real signal. It feels like another fake breakout is coming. I’ve already been fooled once and am afraid of being tricked again.
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AirdropworkerZhangvip
· 01-08 21:38
Whales are playing tricks again. 9.3 million entered the exchange without being stored in wallets, which means big moves are coming in the short term. Wait, every time it hits 3250, it gets hammered down? The selling pressure is still shrinking? Are the bears really about to give up? The 3171 level feels a bit risky; calling it a trap isn't too far off. Retail investors all want to go long here, but we still don't know what whales are really up to. Only a breakthrough above 3262 counts; otherwise, 3300 is just a bait. Try a small position to test the waters, with a stop-loss firmly set at 3171. This "three failures to break through, then a skyrocket" routine is seen too often in the crypto world; someone always gets fooled.
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ChainSherlockGirlvip
· 01-08 07:07
Coming back with this set again? Every time, 3250 gets smashed, and the bears are shrinking so obviously. Now the whales are deliberately pushing 2900 coins into the exchange. What could they be hinting at… Based on my analysis, this guy definitely has big moves coming in the short term. Otherwise, why bother with the exchange? Wouldn't a cold wallet be better?
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JustHereForAirdropsvip
· 01-06 08:56
Whales are playing heartbeat again... 9.3 million into the exchange, this guy just wants to tease us. --- Position 3171 is really unsustainable now, feels like tonight will be a watershed moment. --- I just want to know why he doesn't just pump directly, why bother torturing retail investors' mentality like this. --- Waiting for the show, just waiting to see if 3262 breaks or not. If it breaks, go all in; if not, it's a big trap. --- Every time they say there's a mysterious buy order supporting the market... I haven't seen who the "mysterious person" is. Have you figured it out? --- Trying a small long position is a bit interesting, anyway, it's idle money, just a bit of a temper tantrum. --- It would be great if the bears really gave up, but it feels like just the beginning.
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LowCapGemHuntervip
· 01-06 08:49
Are the whales playing heartbeat again? 9.3 million entered the exchange. Are they trying to crash the market or hinting at a big move? The main force's move to support at 3076 is too obvious. Retail investors are always the last to act. If 3262 can't be broken, don't even think about 3300. Is this time really different? Wait, why isn't the 2900 coins directly stored in wallets instead of entering the exchange? Something doesn't feel right. Three attempts, all failed. Does it seem like the bears have really let go? Or are they laying out a bigger trap? This rhythm looks like building momentum, but I still don't believe it. The "rules" in the crypto world are just no rules. Too many people are waiting to buy at 3171; the whales must know this. I'll try a small position before breaking 3262, with 3171 as the stop-loss. Won't lose much anyway.
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RumbleValidatorvip
· 01-06 08:45
Whales entering the exchange clearly indicate they are accumulating for a big move—$9.3 million in volume is definitely not retail trader behavior; the data speaks for itself. I feel uneasy about the 3171 level; the shrinking of the bears can only mean that the main force is sharpening their blades. Don't be fooled by the superficial support. Three attempts to break 3250 have all failed. Can it really break 3262 this time? I tend to think we need to wait for another round of validation. The detail of the order ratio +0.30 is interesting. Continuous buying pressure suggests there is a plan, but a plan does not equal a breakout; it depends on execution. Stop-loss at 3171, consider following only if it breaks 3262. I agree with this logic.
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OffchainOraclevip
· 01-06 08:43
This whale probably wants to cut the leeks again. They invested 9.3 million, but it still keeps bouncing around 3171. Are they really treating retail investors like fools?
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fren.ethvip
· 01-06 08:37
Whales enter exchanges but not wallets. I've seen this tactic too many times, just waiting for the bag-holder to rush in.
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