Warning Signal: $ETH Shows Smart-Dumb Money Divergence
The data is clear. Whales are loading $ETH spot positions. Average order sizes entering whale territory even during price drops. That is accumulation, not panic.
But futures tell the opposite story. Taker buy/sell ratio stuck at 0.93. Retail dominates the leverage side. Every bounce gets sold.
Result: $ETH stays trapped in a range until large players step into futures with buy/sell ratio above 1.0. Not a buy signal yet.
Signal incoming.