🚀 Ethereum Whale Gobbles Up $400M in ETH – Is a $5K Price Surge Imminent?

A crypto whale just dumped $400 million into Ethereum—bullish signal or just another rich gambler rolling the dice?

Subheader: The Whale Move That Shook the Market

While retail traders were busy chasing memecoins, an anonymous player quietly accumulated enough ETH to sink a battleship. The buy-in suggests institutional-grade confidence—or sheer recklessness—as Ethereum flirts with levels not seen since its last ATH.

Subheader: $5K or Bust?

The magic number now flashing across trading desks: $5,000. Technicals show clear runway if ETH holds current support, though let’s be real—this is crypto, where ‘support’ can vanish faster than a VC’s morals during a bear market.

Closing Thought: Whether this whale’s a genius or just another overleveraged degenerate, one thing’s certain—the casino stays open 24/7.

Ethereum Price Prediction: ETH Needs a Breather Before Resuming Its Upward Path

Looking at Ethereum’s 1-hour chart, there seems to be an ongoing correction that could push the token to $3,400 as market participants could start to take some profits off the table from the latest uptick.

The price has broken below a trend line support and the 9-period exponential moving average (EMA) has made a bearish crossover below the 21-period EMA. This ‘death cross’ anticipates a decline and indicates that negative momentum is building up.

Along the way, the 200-period EMA may also act as a cushion for ETH’s price action. However, the baseline ethereum price prediction at this point still favors a drop to $3,400 to raise enough liquidity for the next leg up.

If the price gets to that level, late buyers will likely step in to scoop up the token at a discount to prepare for further upward moves. The $5,000 level is attainable but the rally at this point seems overheated.

As top altcoins keep performing positively, the best crypto presales will likely draw significant attention from investors. Best Wallet (BEST) stands out among them as it has raised more than $14 million to launch its powerful crypto wallet.

Best Wallet (BEST) Offers Low Swap Fees and Multichain Support

Best Wallet (BEST) comes to challenge the dominance of well-established solutions like MetaMask and Phantom by introducing a multichain wallet that supports assets in 60 different blockchains.

The developing team has incorporated a powerful tool as well that gives users the chance to identify the most promising projects during their presale stage and invest in them before they reach whales’ radars.

This feature is called ‘Upcoming Tokens’ and it has already spotted top-performing tokens since the Best Wallet app was launched a few months ago.

Once this wallet starts to be embraced by the crypto community, the demand for its ecosystem token $BEST will explode.

To position yourself to reap the highest returns, you can buy $BEST now at its discounted presale price of $0.025375.

Just visit the Best Wallet website and connect your wallet. In case you don’t have one, you can download the Best Wallet app. You can invest by using a bank card or swapping ETH or USDT.