ETH Price Slides 2.25% Amid $1.28B Binance Volume and Whale Staking Signals

Ethereum (ETHUSDT) has experienced notable price volatility in the past 24 hours, with the current Binance price at $3,102.62, reflecting a 2.25% decline from the 24h open of $3,174.15. The recent downward movement can be attributed to a combination of factors: increased bearish sentiment following a drop from the $3,447 resistance, high-value options expiries that amplified market uncertainty, and reports of large-scale whale activity, including significant staking and accumulation by entities such as BitMine. Additional regulatory developments, such as Binance securing new licenses and the ongoing integration of spot Ethereum ETFs on major U.S. exchanges, have supported market interest but have not offset broader risk aversion. Trading volume remains robust, with Binance reporting over $1.28 billion in ETHUSDT transactions during the last 24 hours, as price ranged between $3,145.28 and $3,273.40. Ethereum continues to trade near key support zones, while mixed analyst sentiment and macro market concerns contribute to ongoing volatility.