Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Ethereum Whale Accumulates $1 Billion in ETH: Signs of a Rally?
ALTCOIN NEWS

Ethereum Whale Accumulates $1 Billion in ETH: Signs of a Rally?

By Crypto FlexsDecember 1, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ethereum Whale Accumulates  Billion in ETH: Signs of a Rally?
Share
Facebook Twitter LinkedIn Pinterest Email
  • Recently, smaller ETH holders have been selling more ETH and whales have been absorbing these sales.
  • ETH continued its upward trend.

Ethereum (ETH) recently witnessed extraordinary movement as whale investors purchased over 280,000 ETH, worth approximately $1 billion, in 5 days.

This accumulation has led to considerable speculation about Ethereum’s future trajectory, especially with the asset trading close to $3,700.

aspirateWith changes in exchange flows and increased on-chain activity, all eyes are on whether Ethereum can maintain its strength or face a correction.

Ethereum whale activity sparks optimism

The sudden surge in whale accumulation seen in on-chain data highlights growing confidence among large investors.

This surge coincides with Ethereum’s recent price rally and breakout of the $3,500 resistance level.

ETH whale

Source: Santiment

Santiment’s chart analysis highlights the continued addition of ETH by wallets holding between 100,000 and 1,000,000 ETH.

The chart shows that whales went into accumulation mode earlier this month. These movements may indicate long-term bullish sentiment.

Exchange netflow reflects market behavior.

A key indicator supporting the bullish case is the net flow of Ethereum to and from exchanges. Analysis of Glassnode data has revealed significant fluctuations over the past few weeks.

However, there are more ETH outflows from exchanges, suggesting traders are moving their holdings.

Ethereum NetflowEthereum Netflow

Source: Glassnode

Trends in exchange flows show that whale movements have had an impact, balancing retail selling.

This trend indicates that the likelihood of immediate selling pressure has decreased, which could further stabilize the Ethereum price.

Challenges to Maintaining Ethereum’s Momentum

Despite these optimistic signs, risks remain. Ethereum price is approaching overbought levels, which could trigger a short-term correction. As of this writing, ETH is trading slightly higher at around $3,709.

Additionally, a golden cross appears to be imminent, with the 50 moving average (MA) approaching above the 200 MA.

ETH price trendETH price trend

Source: TradingView


Read Ethereum (ETH) Price Prediction for 2024-25


Ethereum’s recent whale accumulation and favorable on-chain indicators have set the stage for potential gains. However, caution is required considering the overbought technical indicators of the asset and the possibility of profit taking.

If broader market conditions remain supportive, Ethereum is likely to see a prolonged rally.

Next: XRP rises 6% in 24 hours and surpasses $107 billion in market capitalization. What’s next for $2?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

‘Fat Apps’ can lead the cryptographic story in the next few months.

September 11, 2025

Binance explodes 466m LUNC with oblivion: revival play or special effect?

September 4, 2025

Defi Surges, BTC Swings & Tradfi faces freezing: Daily encryption failure

August 28, 2025
Add A Comment

Comments are closed.

Recent Posts

The price of Etherrium surges beyond $ 4,500. -Main level for monitoring more profits

September 12, 2025

BNBCapital Emerges As Top Immutable DeFi Protocol With 239% Returns And Zero Admin Functions

September 12, 2025

MEXC Enhances Futures Trading With Multi-Asset Margin Mode Across 14 Tokens

September 12, 2025

Ethereum Based Meme Coin Pepeto Presale Past $6.6 Million As Exchange Demo Launches

September 12, 2025

BlockchainFX Raises $7.24M In Presale As First Multi-Asset Super App Connecting Crypto, Stocks, And Forex Goes Live In Beta

September 12, 2025

Phemex Launches Multi-Assets Mode To Enhance Trading Efficiency And Risk Management

September 12, 2025

Ethereum Meme Coin Little Pepe Crosses $25M, Announces 15 ETH Giveaway

September 12, 2025

DOLLUM Expands Wallet Opportunities, Introducing New Security Features Following The DOL Token Sale

September 12, 2025

Ethena (ENA) Eye 50% rally, whale activities, transactions and users surge

September 12, 2025

Bitmine ‘s ethereum Holdings 46,255 Eth Buy 2.1 million units

September 12, 2025

Manual guide: beginner guide

September 11, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

The price of Etherrium surges beyond $ 4,500. -Main level for monitoring more profits

September 12, 2025

BNBCapital Emerges As Top Immutable DeFi Protocol With 239% Returns And Zero Admin Functions

September 12, 2025

MEXC Enhances Futures Trading With Multi-Asset Margin Mode Across 14 Tokens

September 12, 2025
Most Popular

Solana traders take note of eTukTuk during token presale

November 29, 2023

Ethereum price momentum reignites, RSI signal rises to $2,200

December 1, 2023

Cardano Founder Suggests Bitcoin Cash Integration in X Poll

May 5, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.