Ethereum Whales Show Diverging Strategies – What’s Next for ETH?
Ethereum’s largest holders are sending mixed signals to the market, with some aggressively accumulating while others liquidate positions. This divergence creates a complex landscape for ETH investors as whale activity hints at both bullish conviction and cautious profit-taking.
Ethereum Whales Remain Divided – What Lies Ahead for ETH Investors?
Ethereum’s largest holders are sending mixed signals to the market. While some whales aggressively accumulate, others liquidate positions at a loss, creating a bifurcated landscape for investors.
On May 1, 2025, Lookonchain tracked a cluster of whale addresses acquiring thousands of ETH within hours, demonstrating conviction in the asset’s long-term prospects. One entity purchased 3,029.6 ETH worth $5.74 million, absorbing a $142,000 paper loss as prices dipped to $1,842.
Conversely, OnchainLens observed a separate whale depositing 2,680 ETH onto Kraken on May 2, realizing approximately $255,000 in losses. This divergence highlights the tension between short-term price action and fundamental belief in Ethereum’s ecosystem.
Ethereum Holds Steady Near $1,800 Amid US Economic Uncertainty as Traders Eye Key Resistance
Ethereum’s price action reflects cautious Optimism in crypto markets, with ETH/USD consolidating near $1,829. The asset faces a critical test at the $1,871 resistance level - a triple-top pattern that has repelled three previous advances. Technical indicators suggest a bullish undercurrent, with price supported by both a rising trendline and the 50-period EMA at $1,821.
Traders are positioning for a potential breakout, with clear upside targets at $1,910 and $1,950 should Ethereum conquer the $1,871 barrier. The convergence of technical factors creates a high-conviction trade setup: entries trigger above $1,871 with stops below $1,821. Market sentiment appears divided between macroeconomic uncertainty and growing institutional interest in digital assets as inflation hedges.
Gala Games to Sunset The Walking Dead NFT Game by July 2025
Gala Games announced the discontinuation of its Ethereum-based NFT game, The Walking Dead: Empires, with services ending after July 31, 2025. The multiplayer survival game, launched in beta last year, required players to craft weapons, build bases, and evade zombies—all tied to NFT ownership for enhanced gameplay.
The decision marks a strategic retreat for one of the more ambitious blockchain gaming experiments. NFTs for in-game assets like weapons and land deeds will lose utility upon shutdown, raising questions about longevity in play-to-earn models.
$380M In Ethereum Leaves Exchanges In 7 Days – Accumulation Trend Accelerates
Ethereum hovers just below the $2,000 threshold, clinging to critical support levels as market sentiment begins to tilt bullish. After weeks of erratic price action, ETH appears to be consolidating for a potential breakout, with technical indicators favoring upward momentum.
On-chain analytics reveal a striking exodus of ETH from centralized platforms—$380 million worth drained in just seven days. This flight from exchanges signals strong accumulation behavior, typically a precursor to reduced selling pressure and potential price appreciation.
