Ethereum Whales Buy the Dip Eyeing Quick ETH Price Rally to $4000

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As a seasoned researcher who has witnessed the crypto market’s rollercoaster ride for years now, I find myself intrigued by the recent developments in Ethereum. The active buying from whales, institutional players, and even Donald Trump’s DeFi Project World Liberty Financial, suggests a growing confidence in ETH‘s future rally.

As a crypto investor, I’ve noticed the return of Ethereum whales, with their recent activity coinciding with a dip in ETH price down to around $3,100. The substantial withdrawals from Binance hint at large-scale players being optimistic about an imminent ETH price surge, despite the current market volatility. This situation seems poised for a swift rebound towards $4,000, a level that has historically proven to be a strong resistance point. Analysts are predicting that if ETH manages to break through this barrier, new all-time highs above $5,000 could be attained in quick succession.

Ethereum Whales Turn Active Buying the Dips

After yesterday’s crypto market downturn, there’s been a temporary rebound linked to substantial Ethereum (ETH) purchases by large investors (whales), as the current ETH price drops offer attractive buying opportunities. According to blockchain analysis platform Lookonchain, ten newly established wallets withdrew about 17,698 ETH, equivalent to around $61.66 million, from Binance.

Large investors are showing increased enthusiasm towards Ethereum as demonstrated by whale activity, taking advantage of the market’s upward trend. Meanwhile, Donald Trump’s DeFi Project World Liberty Financial has persisted in buying Ether, investing a total of 2.5 million USDC stablecoin to purchase an additional 759 ETH.

So far, World Liberty has obtained 9,587 Ether (ETH) for a total value of $35 million. Each ETH was acquired at an average price of approximately $3,651. Despite the ups and downs in the market, the organization’s potential loss on their ETH holdings has shrunk to $3.4 million, indicating that the deficit is becoming smaller as prices rise.

A positive development occurred when institutional investors began purchasing Ethereum ETFs on Friday, as they seized the opportunity presented by market dips. This inflow of investment indicates a renewed interest in these ETFs.

ETH Price Bounce Back to $4,000 Soon?

On a Friday, the cost of Ethereum (ETH) dipped as low as $3098 before rebounding due to increased Ethereum whale accumulation. At the moment of writing this, the Ethereum price stands at approximately $3480, with its daily trading volume exceeding $61 billion. According to data from Coinglass, the 24-hour liquidations have reached a staggering $170 million due to the current market volatility.

At present, Ethereum’s immediate resistance stands at around $3,500. If it manages to surpass this barrier, it might jump up to $4,000. Despite the recent volatility in ETH, crypto market analysts maintain a positive outlook. Analyst Crypto Patel predicts that the Ethereum price could potentially reach levels between $8,000 and $10,000. This is according to his latest analysis.

I’m purchasing every drop in the price of Ethereum, regardless of how low it goes. I’m holding firm and accumulating more. Ethereum hasn’t reached its new peak yet, but it’s just a matter of time. I’m staying patient and getting ready for an uptrend! My prediction for the price of Ethereum is between $8000 and $10,000.

A crypto expert who is also the founder of a venture believes Ethereum will reach new record highs in 2025, thanks to increased buying from large investors (whales). This expert draws parallels between the current four-year cycle (2021–2024) and the previous one (2016–2020), pointing out notable similarities. According to this analysis, Ethereum’s growth has often been triggered in years following a Bitcoin halving, such as 2017 and 2021, marking significant expansion periods. Previously, the same expert had predicted an Ethereum price surpassing $15,000 by May 2025.

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2024-12-21 09:59