According to CoinMeta, despite the market trading price being below the crucial $2,000 threshold, Ethereum whales still show confidence. The latest on-chain data indicates that wallet 0x2d59 withdrew 40,000 of ETH from Binance in two transactions, amounting to approximately $76.6 million. This was one of the largest outflows of funds from exchanges on that day, including a withdrawal of 30,000 of ETH and a subsequent withdrawal of 10,000 of ETH. Large withdrawals are generally seen as a positive sign, indicating that investors plan to keep their assets in private wallets or use them in decentralized finance rather than selling them immediately on the public market. Ethereum's current price is around $1,930, once again facing pressure from the 100-day moving average. The technical outlook has significantly improved, with asset trading prices above the 50-day EMA ($1,760) and 20-day EMA ($1,850), and short-term and medium-term momentum remains positive. If it manages to close above $1,930, the psychological barrier of $2,000 could become a focus.