Ethereum (ETH) Price: Retail Investors Are Selling Into Every Rally - Here’s What the Data Shows

TLDR

• Retail investors sold a combined 307K ETH last week, outpacing whale buying of 82K ETH.
• Spot ETH ETF inflows dropped sharply to $218.4M, down from $824M the prior week.
• ETH has repeatedly failed to break above the $2,544 resistance level.
• Over 116,000 ETH left exchanges in 48 hours, reducing near-term selling supply.
• Key support sits at $2,475, where roughly 2.86 million ETH previously changed hands.

Ethereum is trading near $2,495 and has struggled to hold above $2,500. Retail selling is the main reason ETH can’t break higher right now.

Wallets holding between 1,000 and 10,000 ETH sold 214K ETH last week. Wallets in the 100–1,000 ETH range sold another 93K ETH. That’s a total of 307K ETH distributed by retail investors in a single week.

These sellers appear to be cashing out near break-even. Their average on-chain cost basis sits around $2,265, just below where ETH recently paused.

Whale and ETF Demand Slows

Whales — wallets holding 10,000 to 100,000 ETH — did buy last week, adding 82K ETH. But that’s not enough to offset retail selling pressure.

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