Ethereum faces a crucial testing point as a significant whale offloaded 40,000 ETH worth nearly 90 million dollars. Prices are currently hovering near the 2000 dollar mark. This situation coincides with deteriorating technical indicators and resembles the price action observed in 2019 during periods of Federal Reserve tightening. Investors are closely watching these developments, as a break below this critical support could signal further bearish sentiment in the market. The return of such whale profit ratios to bear market levels adds to the growing concern among Ethereum holders. Stay tuned for updates on this evolving situation as the market reacts to these substantial shifts.