BTCC / BTCC Square / Ethereum News /
Ethereum Whales Drive Market Optimism with $1.1 Billion Accumulation

Ethereum Whales Drive Market Optimism with $1.1 Billion Accumulation

Published:
2025-05-18 22:33:16
15
1
[TRADE_PLUGIN]ETHUSDT,ETHUSDT[/TRADE_PLUGIN]

Ethereum has seen a significant 5.7% price surge this week, reaching $2,495, as on-chain data reveals aggressive accumulation by large holders, commonly known as ’whales’. Analyst Ali Martinez reports that these whales have added over 450,000 ETH, worth approximately $1.1 billion, to their holdings in the past month. This buying spree aligns with Ethereum’s robust daily trading volume of $20.9 billion and a market capitalization of $298 billion. Despite the price struggling to break the $2,500 resistance level, the current price stands at 2432.40000000 USDT, indicating strong market interest and potential for further growth. The accumulation by whales often signals confidence in the asset’s future performance, suggesting that ethereum could be poised for another bullish run. Market participants are closely watching these developments, as such large-scale acquisitions typically precede significant price movements. With Ethereum’s fundamentals remaining strong and institutional interest growing, the cryptocurrency’s outlook appears promising for the remainder of 2025.

Ethereum Whales Accumulate 450K ETH Amid 5.7% Weekly Price Surge

Ethereum rallied 5.7% this week to hit $2,495 as on-chain data reveals aggressive accumulation by large holders. Whales have added over 450,000 ETH worth approximately $1.1 billion to their holdings in the past month, according to analyst Ali Martinez.

The buying spree coincides with Ethereum’s $20.9 billion daily trading volume and a $298 billion market capitalization. Despite failing to breach the $2,500 resistance, the accumulation pattern mirrors growing institutional interest across digital assets.

Smart Money Accumulates 450K ETH as Ethereum Tests Key Resistance Levels

Ethereum’s recent surge past $2,700 has given way to consolidation above $2,400, a critical support zone that now serves as the battleground between bullish momentum and bearish correction. The next decisive MOVE hinges on ETH’s ability to reclaim $2,800 – a breakout that could catalyze altseason.

CryptoQuant data reveals institutional players are aggressively accumulating ETH, with 450,000 coins recently acquired by smart money addresses. This accumulation wave signals growing conviction among sophisticated investors despite the pullback from local highs.

Equilibria and Superform Labs Launch $SuperETH to Maximize Ethereum Yields

Equilibria, an open-source platform specializing in decentralized oracle solutions, has partnered with Superform Labs to introduce $SuperETH. This new product aims to optimize Ethereum yields by leveraging top lending protocols such as Morpho and Euler. The collaboration promises double-digit APY boosts and additional incentive points for users.

The launch was announced via Equilibria’s official social media channel, highlighting the platform’s capability to enhance returns on ETH holdings. SuperETH is now live, offering a seamless way for investors to maximize their yield potential in the DeFi space.

Ethereum’s Price Surges 97%, Nears Key Resistance at $2,743

Ethereum has staged a dramatic rally since April 7, soaring nearly 97% from $1,388 to $2,743. The surge reflects renewed bullish momentum across the crypto market, with traders now eyeing the next psychological milestone.

Analyst Core highlighted Ethereum’s proximity to a new all-time high in a recent post on X. At current levels around $2,608, ETH needs just an 86.8% move to surpass its previous record—a feat it achieved in just 34 days during this rally.

Ethereum Tests Key Resistance Amid Weakening Momentum Signals

Ethereum hovers NEAR $2,480 after failing to breach the $2,738 resistance level and the 0.382 Fibonacci retracement threshold. Market watchers note deteriorating momentum as both Stochastic RSI and MACD indicators flash cautionary signals.

The asset now tests critical support at $2,450, with traders positioning for either an upward reversal or further downside toward $2,300. Despite recent recovery attempts, technical indicators suggest the current trend may persist for several weeks before reaching overbought territory.

Notably, the weekly Stochastic RSI reading implies remaining upside potential before exhaustion. This technical configuration leaves room for continuation of the current price action before any significant reversal materializes.

Ethereum Price Struggles To Hold Above $2,500 — Key Support Level in Focus

Ethereum’s bullish momentum faltered over the weekend as ETH failed to sustain its position above the $2,500 threshold. The asset had surged 35% in early May, briefly testing $2,700 before encountering resistance.

On-chain analyst Ali Martinez highlighted weakening bullish signals in a recent social media post. Market participants now watch for potential support levels that could determine Ethereum’s near-term trajectory.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users