Despite Ethereum's recent decline in value, analysis of whale activity in the market reveals a more complex and potentially optimistic narrative that contrasts with the overall downturn. While the price may be slipping, large investors, or "whales," are actively engaging in significant trades, suggesting they see potential in the cryptocurrency's future. This ongoing interest from influential market participants indicates that there could be underlying strength and confidence in Ethereum that isn't immediately reflected in its price movements.
source: https://blocknews.com/ethereum-slips-but-whale-activity-tells-a-different-story/