According to @cas_abbe, a new whale bought 21.8K ETH worth 96.7 million USD on Kraken today, and accumulated 93K ETH worth 411 million USD over two days, source: @cas_abbe on X, Aug 16, 2025. According to @cas_abbe, the reported fills imply an estimated average cost of about 4,437 USD for today’s 21.8K ETH and about 4,419 USD for the two-day 93K ETH total, calculated from the stated amounts and prices, source: @cas_abbe on X, Aug 16, 2025. According to @cas_abbe, traders can monitor ETH spot action on Kraken and watch the cited cost zones near 4,437 and 4,419 USD for potential liquidity and support cues tied to whale accumulation, source: @cas_abbe on X, Aug 16, 2025. According to @cas_abbe, an ETH reversal could start next week, which is their view and not a guarantee, source: @cas_abbe on X, Aug 16, 2025.