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Ethereum Whales Accumulate $274M Amid Price Dip: Bullish Signals Emerge

Ethereum Whales Accumulate $274M Amid Price Dip: Bullish Signals Emerge

Published:
2025-06-23 17:28:28
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[TRADE_PLUGIN]ETHUSDT,ETHUSDT[/TRADE_PLUGIN]

Despite a 2% price decline, Ethereum has recorded $274 million in cross-chain inflows, indicating strong accumulation by large investors. Layer 2 networks Base and Arbitrum were the primary drivers of this buying activity. Additionally, stablecoin deposits on Ethereum increased by $29.7 million, a bullish indicator suggesting pending institutional demand. Market participants are positioning themselves ahead of Monday's trading session, anticipating potential spot market movements. This accumulation by whales and rising stablecoin deposits highlight growing confidence in Ethereum's long-term prospects, even during short-term price corrections. The current date is June 24, 2025, and these developments suggest a potentially bullish outlook for Ethereum in the near future.

Ethereum Sees $274M Inflow Amid Price Drop as Whales Accumulate

Ethereum recorded $274 million in cross-chain inflows despite a 2% price decline, signaling strong accumulation by large investors. Layer 2 networks Base and Arbitrum drove the majority of buying activity, while stablecoin deposits on ethereum rose by $29.7 million—a bullish indicator of pending institutional demand.

Market participants appear to be positioning ahead of Monday's trading session, anticipating potential spot ETF-driven momentum. Historical patterns suggest such liquidity surges often precede short-term rallies, particularly when coinciding with rising stablecoin liquidity.

Mysterious Whale Accumulates $112.8M in ETH Amid Market Dip, Signaling Potential Rebound

A newly created Ethereum wallet transformed into a whale overnight, scooping up 50,256 ETH from Binance during the asset's 12% price slide. The anonymous buyer executed purchases in batches of 3,000 ETH at an average entry point of $2,265, amassing a $112.8 million position with minimal WETH holdings.

The accumulation occurred as Ethereum futures saw nearly $80 million in long liquidations. Whale behavior has shifted decisively from panic-selling to strategic accumulation since late 2024, with large holders increasingly deploying ETH into DeFi protocols rather than taking profits.

Market observers interpret the whale's timing—buying precisely during the downturn—as a bullish signal. Some analysts project a 25% price rally following this activity, noting that similar accumulation patterns have historically preceded ETH price recoveries.

Ethereum Breaks Down as Bearish Signals Mount

Ethereum's price slipped below $2,200, breaking out of its recent trading range amid rising geopolitical tensions. Futures markets show escalating bearish momentum, with the Taker Buy/Sell Ratio dropping to 0.93—its lowest in over a month.

Selling pressure dominates as funding rates turn negative and Open Interest remains elevated at $28.19 billion. The RSI nears oversold territory, while CVD and high Open Interest suggest the downtrend may persist. Traders face mounting downside risk as buyer confidence erodes.

ETHMilan 2025 to Spotlight Ethereum, DeFi, and AI Innovations at Historic Venue

ETHMilan, Italy's premier Ethereum and Web3 conference, returns for its third edition on June 24, 2025, at Milan's Museo della Scienza e della Tecnologia Leonardo da Vinci. The event will feature groundbreaking discussions on decentralized finance (DeFi), artificial intelligence (AI), and Layer-2 scaling solutions, with a dedicated Arbitrum Day highlighting Ethereum's ecosystem growth.

Attendees will gain insights from top blockchain experts on stablecoins, institutional adoption, and zero-knowledge proofs. The conference bridges Italian and international Web3 communities, offering unparalleled networking opportunities amid one of Milan's most iconic cultural settings.

Ethereum Dominance Surges 12% Amid Altcoin Struggles, Yet ETH Price Falters Below $2K

Ethereum's market dominance has climbed 12% year-to-date, even as its price struggles to maintain the psychologically critical $2,000 level. The second-largest cryptocurrency by market cap has retreated 46% from its January peak of $3,700, failing to sustain momentum after a brief rally to $2,800 last month.

Analysis of trading volumes reveals a striking divergence: while ETH's trading activity remained rangebound between 300-490 trillion, altcoin volumes collapsed from 1.567 quadrillion to 387 trillion. This capital rotation suggests investors are fleeing speculative altcoins for Ethereum's relative stability, despite its own price weakness.

The dominance metric's rise appears driven more by altcoin attrition than ETH's organic growth. Market participants appear to be reshuffling rather than expanding crypto allocations, with Ethereum emerging as the default beneficiary of risk-off sentiment across digital assets.

|Square

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