Ethereum trades at $2,056 as whales add 32,880 ETH; key levels seen at $2,000 and $1,930

Ethereum (ETH) was priced at $2,056 at press time, down 5.56% on the day, while large holders and institutions kept accumulating. Onchain data shows a whale withdrew 32,880 ETH worth $70.03 million, and Bitmine added 45k ETH valued at $95.3 million. Despite exchange supply reaching its lowest ratio since 2017, ETH remains in a bearish setup with downside risk toward $1,930 if $2,000 fails.