Ethereum Whales Dump $110M – What’s Next? 💸

Ethereum (ETH) is feeling the heat in January 2026, with whales and institutions doing a fancy dance, moving $110M to exchanges. 🐙💸

Coinbase Premium Index is acting like a sad emoji, showing weak US demand. But hey, staking is booming! 🏗️🔥

Large Ethereum Transfers Signal Elevated Activity From Whales and Institutions

Lookonchain reports a wallet named 0xB3E8, which started trading 8 years ago, moved 13k ETH ($43M) to Gemini. Still holds 34k ETH. So, they’re like, “I’ll keep some, but not all!” 🤷‍♂️

Despite the recent movement, the wallet still holds 34,616 ETH, valued at roughly $115 million. Classic whale behavior-always leaving a little for the rest of us. 🐟

It appears that a whale is dumping 13,000 $ETH($41.75M).

Galaxy Digital OTC wallet just transferred 13,000 $ETH($41.75M) out and has already deposited 6,500 $ETH($20.89M) into #Binance, #Bybit, and #OKX.

– Lookonchain (@lookonchain) January 19, 2026

Besides whales, institutional players have also made notable moves. FG Nexus sold 2.5k ETH. They’re like, “We’ll sell some, but not all. We’re professionals, you know.” 🧑‍💼

“Ethereum holding company FG Nexus sold another 2,500 $ETH($8.04M) today and still holds 37,594 $ETH($119.7M). Their last $ETH sale was in November 2025, when they transferred 10,975 $ETH($33.6M) to Galaxy Digital on Nov 18 and 19,” the post stated.

Meanwhile, a wallet linked to Fenbushi Capital sent 7.7k ETH to Binance. Staked for 2 years. So, they were sitting on it, now they’re moving it. Maybe they’re just trying to get a better deal. 🧠

Market participants often view such exchange inflows as an early signal of potential selling. But maybe they’re just rebalancing. Like, “I need to adjust my portfolio, not sell everything!” 📈

However, these movements don’t confirm liquidation is imminent. It’s like saying, “I’m going to the store,” but you’re just grabbing a snack. 🥚

Coinbase Premium Index is in the dumps. US demand is weak. But staking is strong. So, it’s like, “We’re not giving up!” 🛡️

Ethereum Staking and Technical Signals Suggest Resilience

2.7M ETH in entry queue. 47-day wait. People are waiting to stake. Like, “I’ll wait, but I’m not going anywhere!” 🐍

Exit queue is 36k ETH. Imbalance. Some are selling, but others are sticking around. Like a group project where some people do all the work. 🧩

Tom Lee(@fundstrat)’s #Bitmine staked another 86,848 $ETH($277.5M) 5 hours ago.

In total, #Bitmine has now staked 1,771,936 $ETH($5.66B).

– Lookonchain (@lookonchain) January 20, 2026

Crypto Gerla says ETH is in re-accumulation. $3.6k could come. Bears thought it would fail, but they were wrong before. Maybe this time is different? 🤔

Bears called for a top last cycle because of the $ETH head and shoulder pattern.

Now, ETH is forming an inverse head and shoulder pattern, but bears think it won’t play out this time.

They were right in 2022 and will be wrong in 2026.

– BitBull (@AkaBull_) January 19, 2026

Ethereum’s trading price was $3,166.51, down 1.11%. So, the question is, will it go up or down? Only time will tell. 🕰️

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2026-01-20 09:38