According to Cas Abbé on Twitter, the most crucial Ethereum trading levels are $2,225, $2,296, $1,994, and $1,222, which represent the average buying prices of wallets holding between 100 to over 100,000 ETH. These levels serve as important support and resistance zones for traders, indicating where large holders are likely to react, increasing the chances of significant price movement around these points (Source: Cas Abbé, Twitter, May 16, 2025). These insights offer valuable guidance for crypto traders seeking to optimize entry and exit points for ETH, especially as large wallet activity often signals institutional sentiment shifts.

According to Lookonchain, on May 7, the net flow for 10 Bitcoin ETFs registered a negative 132 BTC, equivalent to $12.83 million in outflows. Grayscale's GBTC led with an outflow of 181 BTC ($17.6 million), while its holdings now stand at 190,229 BTC ($18.46 billion) (source: Lookonchain/Twitter, May 7, 2025). For Ethereum, nine ETFs reported a net flow of -10,287 ETH, translating to $18.81 million in outflows, with Fidelity accounting for 9,991 ETH ($18.26 million) of that, and current holdings at 413,405 ETH. These significant ETF outflows may exert downward pressure on both BTC and ETH prices in the short term and signal shifting institutional sentiment in the crypto markets.