#以太坊大户持仓变化 After Ethereum fell below $3100, on-chain data shows that large holders are beginning to adjust their positions. The actions of whales often reflect market sentiment, and many are watching the recent reduction of short positions. For contract and spot traders, these key price points and the movements of major players are worth close attention—timely profit-taking is indeed crucial in volatile markets. The correlation between Bitcoin and Ethereum is also shaping short-term market expectations. Understanding the operational logic of whales during this time window will be very helpful for subsequent trading strategies.