ETH falls under $2,000 while whales accumulate and mid-tier wallets cut risk

Ether fell to a year-to-date low of $1,927 on Thursday, more than 60% below its $4,950 all-time high. According to CryptoQuant, mid-sized holders trimmed balances while 10,000+ ETH wallets added exposure, and Binance inflows reached about 1.63 million ETH on Wednesday. An analyst highlighted a taker buy/sell ratio near 0.94, pointing to persistent sell-side pressure.