{"content":"Ethereum’s latest correction has split the market into two camps: sellers locking in profits and buyers treating the dip as an entry point. Data from Arkham shows that major ETF issuers like BlackRock, Fidelity, and Grayscale were among the top ETH sellers on August 19, with no fresh inflows recorded that day. Adding pressure, three whales offloaded nearly $150M in ETH, while analysts also flagged Binance as a potential seller, possibly pushing the price lower to trigger liquidations before buying back cheaper. On the flip side, other large players see opportunity. Arkham highlighted three whales buying over $270M in ETH, while Bitmine added another $220M. Trader James Wynn also went long on ETH despite his track record sparking jokes in the community. Analysts like Ted Pillows argue the 20% pullback from local highs could set the stage for a rebound, with some forecasts still eyeing $6,000 ETH by year-end. Exchange balances ticked up slightly since mid-August, signaling more sellers than buyers in the short term, but demand remains strong, with Capriole Invest’s demand index holding at 73/100.","images":[],"tags":[],"tradingPairs":["SOL/USDT"],"quotearticleid":0}