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Ethereum’s Resilience at $2,500: Institutional Accumulation Counters Selling Pressure

Ethereum’s Resilience at $2,500: Institutional Accumulation Counters Selling Pressure

Published:
2025-05-21 20:40:12
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Despite mixed market signals and notable sell-offs, ethereum (ETH) has demonstrated remarkable stability, holding above the $2,500 mark. This resilience is attributed to strong institutional and whale accumulation, which has effectively neutralized distribution pressures. The market briefly reacted to news of Ethereum co-founder Jeffrey Wilcke transferring his entire ETH holdings to Kraken, but technical analysts remain optimistic, highlighting a potential 40% upside if key resistance levels are breached. As of May 22, 2025, ETH is trading at $2,503.20 USDT, showcasing its ability to weather volatility while maintaining bullish prospects.

Ethereum Holds Steady at $2,500 Amid Mixed Market Signals

Ethereum (ETH) maintained its position above $2,500 despite mounting selling pressure from both short-term and long-term holders. The resilience appears driven by counterbalancing institutional and whale accumulation, neutralizing distribution effects.

Market sentiment briefly wavered after Ethereum co-founder Jeffrey Wilcke transferred his entire ETH holdings to Kraken. Technical analysts note a potential 40% upside if ETH confirms a rounded bottom pattern—a bullish reversal formation often preceding sustained rallies.

The $2,500 level continues to serve as a psychological battleground, with on-chain data revealing intensified profit-taking NEAR this threshold. Mean Coin Age metrics for short-term holders suggest ongoing distribution, though not yet sufficient to destabilize the current equilibrium.

Ethereum Co-Founder’s $262M ETH Transfer to Kraken Sparks Market Concerns

Jeffrey Wilcke, co-founder of Ethereum, moved 105,732 ETH (worth $262 million) to Kraken, triggering fears of a potential sell-off. The transaction, executed with a negligible fee of $0.16, coincided with Ethereum’s brief rebound to $2,490.44 after a dip to $2,452.

Market observers note Kraken’s reputation as a liquidation hub for large holders, amplifying speculation. Despite a partial recovery, ETH remains 3.26% below its recent high of $2,585, reflecting persistent volatility in the altcoin market.

Traders Bet on Ethereum’s Ether (ETH) to Reach $6,000 by Year-End

Ethereum’s native cryptocurrency, Ether (ETH), is poised for a significant price surge as traders place bullish bets targeting $6,000 by December. The asset has rebounded 57% in the past month, recovering from its December 2024 slump below $4,000. Institutional players are driving momentum through strategic options trades.

Block traders recently executed bull call spreads, buying $3,500 call options while shorting $6,000 calls expiring December 26. This derivatives strategy suggests confidence in ETH’s ability to nearly double from current levels. The over-the-counter market facilitated these high-stakes positions, typically favored by sophisticated investors.

Ethereum Price Maintains Key Support — Is a Breakout Rally Brewing?

Ethereum’s price action shows resilience, bouncing decisively from the $2,350 support level. The second-largest cryptocurrency now eyes a potential breakout above the critical $2,580 resistance zone, with technical indicators turning bullish.

A well-defined upward trajectory has emerged since ETH found its footing at $2,445. The formation of a bullish trend line at $2,500 on hourly charts suggests accumulating buying pressure. Market participants are watching Kraken’s ETH/USD pair for confirmation of sustained momentum.

The current price movement above $2,520 and the 100-hour moving average signals strengthening market structure. Unlike Bitcoin’s recent performance, Ethereum demonstrates independent strength—a characteristic that often precedes altcoin rallies when the dominant cryptocurrency consolidates.

Ethereum Exchange Supply Hits Historic Low Below 4.9% — Is Price Breaking $3,000 Soon?

Ethereum’s supply on exchanges has plummeted to a record low of under 4.9%, according to Santiment. This marks the lowest level in the asset’s decade-long history, signaling a seismic shift in investor behavior.

The cryptocurrency now trades near $2,530, rebounding sharply from April’s $1,385 lows. Recent volatility saw ETH test $2,730 before settling below $2,600. Market sentiment remains bullish despite the pullback.

Such dramatic supply contraction historically precedes upward price movements. With exchange reserves drying up and demand holding steady, the $3,000 threshold appears increasingly within reach.

Ethereum Faces Short-Term Pullback as Profit-Taking Intensifies Near $2.6K Resistance

Ethereum’s rally above $2,600 proved short-lived as profit-taking pushed the asset back to $2,400 before a partial recovery. Market data now signals an overheated state near the $2,500 resistance level, with CryptoQuant analysts noting excessive trading volume and resting supply.

The altcoin appears poised for a cooling period before attempting another breakout. ’Markets need breathing room after such aggressive moves,’ said one trader, noting Ethereum’s 18% volatility spike this week. The $2,600 level remains a key psychological barrier where derivatives open interest has reached yearly highs.

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