<ul><li>Ethereum exchange reserves drop by 1 million ETH in the past month, indicating a 5.5% decrease in total exchange-held supply.</li><li>May 12 witnessed the largest single-day whale accumulation in history, with approximately 325,000 ETH absorbed by whale wallets.</li><li>Golden cross technical pattern hints at a potential move toward $3,000 for Ethereum, following a more than 50% price recovery in May.</li><li>Investor behavior shifts post-Pectra upgrade as on-chain data reveals record whale accumulation and diminishing exchange reserves, pointing towards higher price levels ahead.</li></ul>

1 Million Ethereum Pulled from Exchanges Amid ETH Whale Buying Frenzy

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