#SpotVSFuturesStrategy Large withdrawals from exchanges, some exceeding 200,000 ETH, highlight investors' attempts to absorb selling pressure and reduce available supply.

The increase in the total value of staked ETH shows the confidence of major holders in the future of the coin. This, along with the decrease in inflows to exchanges, could reduce market liquidity and support price stability.

However, things have gone differently for ETH. Retail demand remains weak despite the activity of whales. According to CryptoQuant, the number of active addresses on the ETH network has stabilized between 300,000 and 400,000. This is significantly lower than levels typical of bullish breakouts.

While major players continue to buy up ETH, the decline in retail demand keeps the price within a range.