Key Highlights
- Major whale accumulated 10,000 ETH ($19.1M) within 24 hours after a previous $52M acquisition
- Large holder category (10Kā100K ETH) accumulated 5.6 million ETH from mid-2025 onward
- Current ETH price ~$1,912 remains under realized price of ~$2,450
- Daily net inflows for spot Ethereum ETFs reached $60.86M, with total cumulative inflows surpassing $11.3B
- Market analysts at CryptoQuant indicate the bear phase may be approaching completion
Ethereum maintains its position above the $1,900 threshold as significant investors increase their positions amid selling pressure from retail participants. Both blockchain metrics and exchange-traded fund activity indicate rising demand from whales and institutions at present valuations.
Data from Lookonchain, a blockchain analytics service, reveals that a prominent over-the-counter whale acquired an additional 10,000 ETH valued at $19.1 million within a 24-hour period. This identical address had secured 27,000 ETH ($52.03M) approximately fourteen days before. Major purchasers frequently utilize OTC channels to prevent exchange price disruption.
Analysis from CryptoQuant indicates the 1Kā10K ETH holder segment declined from 15.6 million ETH during January to approximately 12.9 million ETH currently. This redistributed supply has predominantly transferred to wallets with larger balances.
The 10Kā100K ETH holder category increased holdings by 5.6 million ETH starting mid-2025, expanding from 14 million to 19.6 million ETH. Ultra-large holders controlling 100K+ ETH similarly experienced net additions of 1.8 million ETH throughout this timeframe.
“The largest holders are absorbing the supply that smaller wallets are releasing,” CryptoQuant wrote in its report.
ETH presently trades near $1,912, significantly beneath its realized price metric of roughly $2,450. CryptoQuant observers highlight that ETH established a bottom during early 2025 at comparable pricing relative to its realized price range.
Institutional Demand Through ETF Channels
According to SoSoValue tracking, spot Ethereum exchange-traded funds registered $60.86 million in net daily inflows. Total cumulative inflows have now exceeded $11.3 billion, demonstrating sustained institutional appetite.
CoinGlass data shows Ethereum derivatives open interest positioned around $26 billion. Trading volumes continue showing strength, indicating market engagement remains active despite recent volatility.
The Relative Strength Index registers approximately 56, reflecting bullish momentum while staying clear of overbought conditions.
Technical Position of ETH
Examining the daily timeframe, Ethereum maintains support above its 20-day exponential moving average at $1,876 and 50-day EMA positioned at $1,855. The 100-day EMA at $1,926 represents the next resistance barrier.
Successfully breaching $1,926 would establish a trajectory toward $1,961, followed by $2,172. The 200-day moving average situated near $2,068 serves as another critical threshold under observation.
Market analyst MichaĆ«l van de Poppe shared on X that it’s “a matter of time until this breakout happens” and that ETH trends to $2,300ā$2,500.
Researchers at CryptoQuant determined that widespread accumulation patterns among major holders across ETH, BTC, and XRP suggest the bear market is probably entering its concluding phase, while acknowledging current valuations could permit another downward movement before establishing a definitive bottom.
Liquidation data for the preceding 24 hours reached $15.14 million total, with long position liquidations accounting for $8.55 million.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
