Ethereum Whales And HODLers Follow Vitaliks Cue As $1,800 Risk Grows

Ethereum price remains under pressure in early February as selling momentum builds across both on-chain and technical indicators. The token has slipped below key support levels following a confirmed chart breakdown, while fresh data shows large holders and long-term investors beginning to reduce exposure.

With Vitalik Buterin selling ETH and accumulation slowing, the $1,800 zone is now emerging as a critical near-term downside risk.

Head-and-Shoulders Breakdown Aligns With Vitalik’s ETH Selling

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