Ethereum eyes $2,400 breakout as whales move 14,300 ETH and OI builds

Ethereum (ETH) climbed more than 15% this week as traders watched a key resistance zone form near $2,400. On March 17, 2026, Lookonchain reported two large exchange withdrawals totaling 14,300 ETH, while derivatives open interest rose on major venues and charts showed a bullish pennant pointing to $2,670 if a breakout holds.