Key Takeaways:
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Ethereum Whales bought 260,000 ETHs in the last 24 hours, which signed accumulation.
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Whales, bitmines and ETFs add billions -billion dollars to ETH, which strengthens bullish demand.
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Technical prices favor bulls with targets between $ 5,000 and $ 6,000.
Despite the price drawdown, whales continue to buy hundreds of thousands of ETHs, ignoring the hope of Ether’s possible return at all times.
Ethereum whales buy
Responding to market correction in the past week, Ether (Eth) The whales take advantage of the Dropped to $ 4,200.
Data from Santiment shows that whale addresses holding between 10,000 and 100,000 ETHs rose 4% between August 24 and Tuesday. In addition, these large investors have accumulated about 260,000 ETHs worth $ 1.14 billion in the past 24 hours.
It emphasizes the Trust big investors who have Future ETH prospects, despite the latest price correction.
Related: Ether can see the ‘largest bear’ this month: analysts
As cointelegraph reportedBitcoin (Btc) The whales that rotate the billions of billions of dollars in the ether are a constant trend.
On Monday, a whale holding $ 5 billion worth of BTC purchased and staked $ 1.08 billion by ETH by hyperunit, Data Resource Arkham Intelligence revealed In an X post, adding:
“Along with last week’s purchases, this whale was now purchased and the $ 3.5 billion ETH was stuck in total.”
These moves coincide with Bitmine’s continued pushing to Ethereum. In the past week, the company Added $ 354.6 million to Ether.
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Bitmine announced the latest crypto handles. Up to 24th of August and 5:30 pm et:– 1,713,899 $ Eth,
– 192 Bitcoin ($ BTC) and
– Not a cash cash of $ 562 million
– fully melted shares of remaining 221,515,180= BMNR NAV each share $ 39.84
Total NAV $ 8.8 billion.
Bitmine is # 2 … pic.twitter.com/pjn7nry3bf– Bitmine BMNR (@bitmnr) August 25, 2025
GLOBAL ETHEREUM INVESTMENT PRODUCTS attracted more than $ 1.4 billion in streams Last week, while Spot Ethereum ETF saw $ 1.4 billion in the flow between August 25 and Friday.
It boosts the narrative that Wall Street views the recent ETH price drawdown as a great entry opportunity.
Can ETH price recover at $ 5,000?
Data from Cointelegraph Markets Pro and Tradingview Showing ETH trading within a Symmetrical triangle In the four -hour hours of time, as shown in the chart below.
The price should close above the upper triangle trendline for $ 4,440 to confirm a bullish breakout. Note that this is where the 50-per-per-transfer of average (SMA) and the 100 SMA Converge.
Above this level, the price is faced with resistance between $ 4,800 and a $ 4,950 all-time highThat, if damaged, can climb quickly to the measured target of $ 5,249.
Such a move will bring total acquisitions to 20% from the current level.
Famous analyst Cryptogoos said the Ether Macro structure remains strong, along with the Altcoin breakout from a falling wedge still playing on the weekly chart.
The measured target of the falling wedge is $ 6,100, as shown in the chart below.
“Don’t sell your $ ET in advance!” The analyst said The followers in an X post on Tuesday.
Other metrics also suggest Ethereum’s rotten rottenwith some technical prefunction ETH price can climb to $ 10,000- $ 20,000 In the coming months.
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
