Ethereum News: Whale Deposits and Market Trends in 2025

In early 2025, Ethereum (ETH) continues to dominate the cryptocurrency market with significant price movements and notable whale activities. The recent surge in Ethereum's price to $3,380, marking a 4.6% increase within 24 hours, has drawn attention to the dynamic market trends. A major development includes a whale depositing 20,000 ETH, valued at $67.6 million, into Kraken. This large-scale deposit has sparked discussions about potential short-term price pressures, especially with the rising Open Interest (OI) in the market. As Ethereum remains the second-largest cryptocurrency by market cap, these activities highlight the ongoing volatility and investor interest in the asset. The combination of whale movements and market trends suggests a period of heightened activity and potential price fluctuations for Ethereum in the near future.

Ethereum in 2025 – Whale actions, market trends, and other key insights!

Ethereum’s price surged to $3,380, marking a 4.6% hike within just 24 hours. Recent whale deposits on Kraken, alongside rising OI, hinted at potential short-term price pressure. Ethereum (ETH), the second-largest cryptocurrency by market cap, continues to exhibit dynamic market trends in early 2025. A giant whale recently deposited 20,000 ETH (Valued at $67.6 million) into Kraken, reigniting discussions about large-scale investor activity and its influence on Ethereum’s price movement. This whale, who once withdrew 217,513 ETH from exchanges in September 2022, has been actively engaging with Kraken since March 2024. Such moves often signal significant shifts in market sentiment and liquidity, prompting traders to evaluate key indicators and prepare for potential price changes.

Ethereum Price on The Move: Bulls Push for a Fresh Upside

Ethereum price has initiated a recovery wave, surpassing the $3,250 mark and maintaining gains above $3,300. The cryptocurrency broke through a bearish trend line at $3,320 and is now eyeing further increases beyond $3,480. The recovery was noted on the hourly chart of ETH/USD, with data provided by Kraken. Ethereum's price movement shows a positive trend, especially after clearing the $3,400 resistance level, indicating potential for continued growth.

Ethereum might decline further in short-term: How and why?

Ethereum (ETH) has been struggling over the past month, losing 12.08% of its value. Despite a brief rebound with a 2.69% gain last week, the momentum appears to be fading. Analysts have noted that ETH is forming an inverse head-and-shoulders pattern on the daily chart, which is typically a bullish signal. However, increasing selling pressure and a spike in ETH inflows to exchanges suggest that the recent 0.35% decline in the past 24 hours could extend further, potentially delaying any price recovery.

Blockchain Developer Sues DOJ Over Alleged Attack on Crypto Development

A blockchain developer has filed a lawsuit against the U.S. Department of Justice (DOJ), claiming that the prosecution of his decentralized crowdfunding platform, Pharos, is an attack on cryptocurrency development. The platform, built on Ethereum, uses 'assurance contracts'—smart contracts that hold funds and automatically refund donors if funding targets are not met. The developer argues that Pharos is 'non-custodial,' meaning he does not control user funds, and thus should not be classified as an unlicensed money transmitter under 18 U.S.C. §1960. The lawsuit criticizes the DOJ's interpretation of the law, stating it unfairly targets non-custodial software developers.