#MarketRebound #ETH🔥🔥🔥🔥🔥🔥
#LongTermHolders
#IfYouAreNewToBinance
📉 What Caused ETH's Recent Move?
1. Geopolitical Uncertainty & Market Sell-Off
Ethereum dropped sharply (~12–13%) in response to escalating Middle East tensions, including U.S. airstrikes on Iran, which triggered a broader crypto market dip en.wikipedia.org+14cointelegraph.com+14ainvest.com+14.
2. Aggressive Whales Buying the Dip
A whale (wallet 0x7355…213) bought 9,400 ETH ($39 million) on June 22, bringing its total to ~$330 million in ETH ainvest.com+6cointelegraph.com+6fxleaders.com+6.
Mega-whales (10k+ ETH wallets) collectively added 116,893 ETH (~$265 million) on June 21, and data shows nearly $2.5 billion in ETH accumulation in mid-June—whale buying at levels not seen since 2018 coindesk.com+4ainvest.com+4fxleaders.com+4.
Another mysterious whale transferred 50,256 ETH (~$113 million) from Binance around June 23, averaging a $2,265 entry price cointelegraph.com+11blockchain.news+11cryptorank.io+11.
3. Institutional Accumulation
SharpLink Gaming (NASDAQ: SBET) purchased 176,271 ETH (~$463 million) at an average price of $2,626, making it the largest publicly traded holder of ETH coindesk.com+3cointelegraph.com+3investors.sharplink.com+3.
BTCS Inc. acquired 1,000 ETH (~$2.5 million) average at $2,528 per coin, raising its holdings to 14,600 ETH btcs.com.
💸 Who Bought ETH & For How Much?
BuyerAmount (ETH)Value (USD)Avg Price/ETH
Whale 0x7355…213~9,400~$39 million~$4,150
Mega-whale cluster116,893~$265 million~$2,265–$2,400
Mystery whale (mntd from Binance)50,256~$113 million~$2,265
SharpLink Gaming (NASDAQ: SBET)176,271~$463 million$2,626BTCS Inc.1,000~$2.5 million$2,528
The Binance-linked whale bought around ~$2,265 per ETH, while institutional buyers SharpLink and BTCS averaged ~$2,626–$2,528 per $ETH.
🎯 What's Next?
Whale accumulation during dips is typically a bullish sign—on-chain data suggests strong conviction among large holders blockchain.news+13ainvest.com+13fxleaders.com+13tronweekly.com+9coindesk.com+9cointelegraph.com+9cointelegraph.com+3stocktitan.net+3investors.sharplink.com+3btcs.com+1cryptorank.io+1.
On the flip side, ETH remains volatile due to macro geopolitical risk; it’s sitting near key support zones ($2,100–$2,200). Watch for renewed buying interest around $2,350 and broader market news .
Technical setups suggest a potential 25% rebound toward $2,735 if geopolitical tensions ease fxleaders.com+3cointelegraph.com+3reddit.com+3.
✅ Summary
What happened? Major sell-off due to geopolitical tensions, followed by massive whale accumulation.
Who bought? Key actors include whale 0x7355, a large Binance-related buyer, SharpLink Gaming, and BTCS Inc.
Pricing: Whale buys averaged ~$2,265; institutions paid $2,528–$2,626 per ETH.
Outlook: Whale buying at support zones is a bullish signal, though macro risks remain. A rebound toward $2,735 is technically plausible.
