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Ethereum Demand Spikes As Whales Add 260K ETH In 24 Hours

News Feed - 2025-09-03 01:09:36

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum is facing a pivotal moment as it struggles to hold above the $4,400 level after several days of heavy volatility and persistent selling pressure. The market’s recent downturn has put bulls on the defensive, with the threat of a deeper correction looming if support levels give way. Despite the uncertainty, Ethereum continues to attract significant interest from large investors, reinforcing the narrative of long-term confidence in the asset. Related Reading Ethereum Demand Stays Strong As Exchange Reserves Keep Falling – Details 1 day ago


Capital rotation between Ethereum and Bitcoin remains one of the defining themes of this market cycle. While Bitcoin has shown signs of weakness following its recent highs, Ethereum has benefited as institutions and whales shift capital toward the second-largest cryptocurrency. This trend suggests that Ethereum’s role as a core market driver is becoming even more pronounced.


According to the latest data from Santiment, Ethereum whales have added massive amounts of ETH to their portfolios in just the past 24 hours. Such aggressive accumulation highlights growing conviction among large players, even as retail investors show signs of fear. Whales Add $1.1B In Ethereum As Capital Rotates From Bitcoin


Analyst Ali Martinez reports that whales purchased 260,000 ETH in the past 24 hours, valued at around $1.1 billion. This staggering figure is not just another sign of demand—it confirms a dynamic shift unfolding across the market, where smart money is rotating out of Bitcoin and into Ethereum. Whales add 260,000 Ethereum in 24h | Source: Ali Martinez


Despite the heavy volatility and recent pullback, Ethereum continues to display remarkable resilience compared to Bitcoin. While Bitcoin has been losing key support levels and showing signs of weakening momentum, Ethereum has managed to hold above critical structural demand zones. This divergence between the two leading assets underscores the increasing confidence institutions and whales are placing in Ethereum’s long-term potential.


Whale accumulation on such a scale often precedes significant market moves, as large holders tend to position ahead of broader market participants. The inflow of $1.1 billion into ETH highlights that major players see value at current levels, even as the market consolidates.


As capital rotation intensifies, Ethereum is reinforcing its position not only as the leading altcoin but as a market driver in its own right. Analysts suggest that this could set the stage for a decisive breakout in the weeks ahead, with ETH potentially outpacing Bitcoin’s performance if current trends continue. The coming days will reveal whether this whale-driven demand is enough to fuel Ethereum’s next major rally. Related Reading Binance Network Activity Outpaces Ethereum As Active Addresses Double Since April 1 day ago Ethereum Price Analysis: Key Support Under Pressure


Ethereum (ETH) is currently trading at $4,384, showing signs of consolidation after several days of volatility and selling pressure. The chart highlights that ETH is testing critical support levels, with the 200-day moving average (red line) around $4,236 acting as a major demand zone. Holding this level is crucial, as a breakdown could accelerate losses toward the $4,000 psychological mark. ETH testing key resistance level | Source: ETHUSDT chart on TradingView


The 50-day (blue line) and 100-day (green line) moving averages are hovering slightly above price action, showing ETH struggling to reclaim momentum in the short term. Multiple rejections around the $4,600–$4,700 range over the past weeks reveal strong supply pressure, with sellers actively defending higher levels. Related Reading Solana Investors Cash Out Nearly $1-B As SOL Tests Key Price Level 2 days ago


Despite the current weakness, ETH has managed to hold a higher low structure compared to its July base near $3,500, which suggests the broader uptrend remains intact. However, trading volume has declined, signaling reduced conviction among bulls.


For ETH to regain strength, it must reclaim the $4,500 level and flip it into support. Failure to do so leaves ETH vulnerable to further downside. In the short term, the $4,200–$4,250 region remains the line in the sand for bulls to defend.


Featured image from Dall-E, chart from TradingView

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