Ethereum Whales Are Buying Again, so Why Can’t ETH Break Above $2,000?
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7 Articles
Ethereum (ETX: ETH-USD) Eyes $2,500 Target As Whale Accumulation And Bullish Chart Pattern Align
Ethereum (ETH-USD) has held firmly above the $1,900 level over the past several days, supported by persistent buying activity from large-scale investors despite a recent surge in market volatility. The $1,850 price zone emerged as a key support level on Tuesday, drawing significant institutional interest from prominent market participants actively adding to their positions. Bitmine, the ETH-focused digital asset treasury headed by Tom Lee, acqui…
Glassnode stated that seller exhaustion in Ethereum has fallen to its lowest level in the last 10 years and that buyer demand is expected for a bottom formation. In its assessment of the Ethereum (ETH) market, the crypto data company Glassnode stated that simultaneously… Seller Exhaustion in Ethereum at a 10-Year Low: Supply is Low…
Are Whales Responsible For Ethereum (Eth) Price Decline
The price of Ethereum has declined consistently over the last seven days. Many factors could be responsible for this trend, including the activity (buying and selling of ETH) of large traders, commonly known as whales. Ethereum price chart for the last 7 days. Source: Coinmarketcap.com To find out if whales are responsible, we analyzed Ethereum trading data for decentralized exchanges (DEX) from Dune Analytics for the last seven days and answere…
Ethereum whales are buying again, so why can’t ETH break above $2,000?
Ethereum (ETH) remained confined within the $1,800–$2,000 range on Thursday as cautious crypto-native activity offset improving institutional demand. Exchange data indicates a mild increase in potential selling pressure, while smaller ETH holders continue to reduce their positions. However, accumulation by large whales and historically depressed profitability levels suggest that Ethereum could be approaching a market bottom. From a technical pe…
Tom Lee, co-founder of Fundstrat, keeps his price forecast for Ethereum at $12,000. He does so with the ether around $1,900, a level that gives his target a revaluation potential of 530%. The thesis is not new, but he has gained oxygen in recent sessions. According to Yahoo Finance and CCN, fear of further rate hikes by the Federal Reserve has relaxed and that turn reinforces the bullish narrative for risk assets, including Ethereum. A goal of $…
Ethereum Price Prediction: What Are ETH's Chances of Breaking Above $2K Soon?
Ethereum continues to lack decisive momentum, with the price remaining trapped in consolidation despite its recovery from the June lows. The market is now hovering around the 100-day moving average, while the lower timeframes show ETH compressed between clearly defined support and resistance zones. Ethereum Price Analysis: The Daily Chart On the daily timeframe, ETH is trading around $1.9K, with the latest candles showing little directional conv…
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