Ethereum Whales Just Triggered a Massive Bullish Signal - $3,750 Rebound Incoming?

The smart money is moving. While retail investors panic-sell, Ethereum's largest holders are executing a different playbook entirely—one that screams confidence in a major price reversal.

Decoding the Whale's Bet

Forget the noise from talking heads on financial networks. Real market intelligence comes from the blockchain itself, and right now, it's flashing a giant green arrow. Massive, coordinated accumulation by entities holding over 10,000 ETH isn't a casual trade; it's a strategic bet on the network's fundamental value proposition. These players aren't day-trading memes—they're positioning for the next macro cycle.

The $3,750 Target: More Than a Number

That figure isn't pulled from thin air. It represents a critical technical and psychological threshold. Breaking past it would invalidate the current bearish structure, potentially unleashing a wave of algorithmic buying and trapped short covering. It's the line in the sand that separates consolidation from a full-blown trend reversal. Reaching it would signal that Ethereum has not only found a floor but is ready to reclaim its dominance narrative.

Why This Time is Different

Market veterans have seen false dawns before. What makes this accumulation notable is its timing and context. It's happening amid a broader sector cleanse, not during a euphoric peak. This is the 'buy when there's blood in the streets' mentality in action—a classic, if cynical, move that usually leaves the average investor, who follows traditional finance's 'buy high, sell low' mantra, holding the bag. The whales aren't reacting to headlines; they're capitalizing on fear.

The stage is set. The capital is deployed. All that's left is for the market to catch up to where the whales are already swimming.

Daily Support Holds Near $3,200

In a recent analysis, CryptoPulse highlighted Ethereum’s price actions, which were in line with the liquidation map. The daily support rests around $3,200, and “sell the news” behavior in reaction to Fed speeches may drive the price towards that area. There are two approaches for traders: short towards $3,200 or buy when momentum changes.

Analyst highlighted that Bitunix ensures rapid execution with no slippage, which is a key factor in news-related volatility trades. Analysts also pointed out that Bitunix offers execution tools that help traders benefit from potential swings in Ethereum’s price, particularly in dip buying and rebound plays in relation to the current market.

Potential Rebound Targets for Ethereum Prices

Ethereum’s current price levels have confused the market. While some market players perceive a prolonged slide from $3,762 on December 2, others perceive a weak bounce from $3,208.

There was also a catalyst in the FORM of a Yearn Finance exploit, which occurred around the same time as the unwinding of leverage, resulting in over $600 million in liquidations. While individual investors panicked, institutional investors accumulated, which has been seen before in a bull market since 2020.

Technically, Ethereum appears to be ranging in an ascending broadening formation within a rising channel, which has been a precursor to a sharp move on many occasions in the past. The $3,550-$3,650 zone appears to be a distribution zone where the selling of Ether by the whales takes place, while $2,900-$3,000 is a significant accumulation zone.

Since November 2024, there has been a purchase of over 1.7 million ETH in the lower range by large holders, which portrays strategic buying. The current market range of $3,100-$3,400 has turned out to be a consolidation area between retail buyers and institutional buyers.

Whale activities are responsible for Ethereum’s price movements in the market. There has been a positive net FLOW for the whale accounts over the last 20 trading days, while Ethereum ETFs also attracted $2.63 billion in December 2024, with Fidelity Ethereum Trust being a major driver. 

Ethereum’s position today reflects a market shaped by strategic accumulation and distribution, with whales quietly steering the course. If the $3,200 support holds, ETH could see a strong rebound, potentially targeting $3,350–$3,400, $3,600–$3,750, and even higher levels in the coming months. 

With ETF support, staking, as well as tech development, Ethereum is positioned for a major MOVE ahead.