ETH at a Crossroads: $3.8B Options Expiry Clashes with All-Time Whale Accumulation
Ethereum faces a critical short-term test as a record $3.8 billion in options contracts expire today, with the 'max pain' level near \$3,000 dictating immediate price action. Despite this, long-term conviction remains strong, evidenced by whale accumulation reaching an all-time high while exchange supply plummets to a nine-year low.