Ethereum News: Large Investors Accumulate ETH, Signaling Potential Recovery

Amid ongoing market decline, Ethereum (ETH) has seen a significant shift in investor behavior. Here’s what’s happening.

130,000 Ethereum Moved Off Exchanges – Bullish Signal?

Ethereum (ETH) is trading at its lowest levels since late 2023, having lost over 57% of its value since December 2024. Despite the ongoing decline, on-chain data suggests that large investors may be positioning for a recovery. According to CryptoQuant, whales have moved over 130,000 ETH off exchanges in the past week, signaling a growing accumulation trend. This pattern suggests that institutional players and long-term holders are buying the dip in anticipation of future price appreciation.

Whales Accumulate $815M+ in Ethereum ($ETH), Suggesting Market Turnaround?

Crypto analyst Ali Martinez reports significant Ethereum ($ETH) whale accumulation totaling over $815M. This surge in whale buys aligns with predictions from some crypto experts that the recent dip is part of a larger bullish cycle. Martinez uses an In/Out of the Money Around Price (IOMAP) metric to highlight $ETH’s current trading range between key support and resistance levels, suggesting it’s a crypto to monitor closely. The increased activity might point to positive future prospects for other cryptocurrencies.

Standard Chartered Drops Ethereum (ETH) 2025 Target to $4,000

Standard Chartered Bank has significantly reduced its Ethereum (ETH) 2025 price target to $4,000, marking a 60% decrease from its previous projection of $10,000. The bank cited factors such as the growing market share of Base, which analysts estimate has already removed $50 billion from Ethereum’s market cap. This development is concerning for the second-largest cryptocurrency by market cap, and it doesn’t bode well for ETH’s prospects in the near future.

Ethereum Network Activity Hits Yearly Lows as Inflation Risks Mount

On Sunday, daily active addresses and new wallet creations on the Ethereum network fell to their lowest levels of the year. According to Glassnode, the daily count of active addresses involved in ETH transactions plunged to a year-to-date low of 361,078. This drop signals declining user engagement and reduced on-chain activity, which could lead to lower transaction fees, decreasing the amount of ETH burned, and making the asset more inflationary. If the trend persists, it could lower investor confidence, reduce the network’s adoption, and increase the downward pressure on ETH’s price.