$ETH

According to a recent analysis, the big holders – also called “whales” – are particularly active. Their number of transactions rose from 2,330 to 4,340 in a few days, indicating strong market activity. Especially, the net flow on exchange platforms shows a slight surplus in buying: 392,950 ETH incoming versus 390,000 Ethereum outgoing. A sign that demand currently outweighs selling pressure.

Towards an Ethereum rebound?

If this momentum continues, Ethereum could regain strength on its charts. In the short term, a return to 1,660 dollars is possible. Conversely, a spike in volatility could bring the price down to 1,540 dollars.

ETHUSD chart by TradingView

But one thing is certain: with a massive influx of new users and sustained activity from large holders, Ethereum is consolidating its foundations. In an uncertain market context, this upward trend could well tip the balance.

With transaction fees dropping by 90%, strong adoption increases, and sustained activity from major investors, Ethereum shows clear signs of strengthening. If this momentum holds, the crypto could start a new bullish cycle. It remains to be seen if the market will confirm this emerging momentum in the coming weeks.

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Eddy S.

The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.