
{"id":104487,"date":"2025-10-13T22:01:38","date_gmt":"2025-10-13T22:01:38","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=104487"},"modified":"2025-10-13T22:01:38","modified_gmt":"2025-10-13T22:01:38","slug":"ethereum-whales-are-furiously-buying-eth-is-it-time-to-buy-the-ether-dip","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=104487","title":{"rendered":"Ethereum Whales are Furiously Buying ETH: Is it Time to Buy the Ether Dip?"},"content":{"rendered":"<p><span>Ethereum whales are back in accumulation mode after a turbulent weekend, sparking debate over whether this dip is an entry point or another short-term bounce for ETH crypto.<\/span><\/p>\n<p><span>Large holders, including one of the biggest corporate treasuries in the market, have been buying heavily over the past 24 hours. The move follows a leverage-driven sell-off that briefly pushed Ether toward $3,500.<\/span><\/p>\n<p><span>BitMine Immersion Technologies\u00a0<\/span><span><span><a class=\"general-link\" href=\"https:\/\/www.prnewswire.com\/news-releases\/bitmine-immersion-bmnr-announces-eth-holdings-exceeding-3-03-million-tokens-and-total-crypto-and-cash-holdings-of-12-9-billion-302581550.html\" target=\"_blank\" rel=\"noopener\">stated that<\/a> its recent purchases have increased its total holdings to more than 3.03 million ETH, equivalent to approximately<\/span>\u00a02.5% of the total supply.<\/span><\/p>\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n<\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<div class=\"chart__container\"><\/div>\n<\/div>\n<p><span>According to <\/span><a class=\"general-link\" href=\"https:\/\/www.coingecko.com\/en\/coins\/ethereum\" target=\"_blank\" rel=\"noopener\"><span>Coingecko data,<\/span><\/a><span> Ethereum is trading near $ 4,300, showing an increase of +3.7% in the last 24 hours, but still below recent highs, as the broader crypto market recovers from the weekend rout.\u00a0<\/span><\/p>\n<h2>How Is BitMine\u2019s Massive $827 Million ETH Crypto Purchase Impacting the Market?<\/h2>\n<p><span>The Friday-to-Sunday sell-off, fueled partly by US-China trade headlines, triggered a wave of forced liquidations across exchanges.\u00a0<\/span><\/p>\n<p><span>BitMine <\/span><a class=\"general-link\" href=\"https:\/\/x.com\/BitMNR\/status\/1977717131182547141\" target=\"_blank\" rel=\"noopener\"><span>confirmed<\/span><\/a><span> that it added around 202,000 ETH over the weekend, worth about $827 million at an average price of $4,154.\u00a0<\/span><\/p>\n\n<p>BitMine provided its latest holdings update for Oct 13, 2025:      <\/p>\n<p>$12.9 billion in total crypto + &#8220;moonshots&#8221;:<\/p>\n<p>\u2013 3,032,188 ETH at $4,154 per ETH (Bloomberg)<br \/>\u2013 192 Bitcoin (BTC)<br \/>\u2013 $135 million stake in Eightco Holdings (NASDAQ: ORBS) (\u201cmoonshots\u201d) and <br \/>\u2013 unencumbered\u2026<\/p>\n<p>\u2014 Bitmine (NYSE-BMNR) $ETH (@BitMNR) <a href=\"https:\/\/twitter.com\/BitMNR\/status\/1977717131182547141?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">October 13, 2025<\/a><\/p>\n\n<p><span>This lifted the firm\u2019s total holdings to 3.03 million ETH, marking what it called the halfway point toward its target of owning 5% of the total supply.<\/span><\/p>\n<p><span>\u201cWe acquired 202,037 ETH, pushing our holdings to over 3 million,\u201d said Tom Lee, the company\u2019s chairman, calling the post-crash pullback a clear buying opportunity.<\/span><\/p>\n<p><span>One major wallet <\/span><a class=\"general-link\" href=\"https:\/\/x.com\/EmberCN\/status\/1977525798786707886\" target=\"_blank\" rel=\"noopener\"><span>repurchased<\/span><\/a><span> 7,817 ETH (about $32.5 million) near $4,159, just hours after panic-selling during the drop.\u00a0<\/span><\/p>\n<p>\u524d\u5929 $3,764 &#8220;\u6050\u614c&#8221; \u5272\u8089 ETH \u7684\u9ad8\u5438\u4f4e\u629b\u9cb8\u9c7c\uff0c\u6da8\u8d77\u6765\u53c8\u4ee5 $4,159 \u7684\u4ef7\u683c\u4e0a\u8f66\u4e86\uff1a<br \/>\u4ed6\u5728 3 \u5c0f\u65f6\u524d\u7528 3251.1 \u4e07 DAI \u91cd\u65b0\u4e70\u56de 7,817 \u679a ETH\u3002<\/p>\n<p>\u524d\u5929\u5927\u8dcc\u540e\u4ee5 $3,764 \u7684\u4ef7\u683c\u6050\u614c\u6e05\u4ed3\uff0c\u4eca\u5929\u6da8\u8d77\u6765\u540e\u53c8\u4ee5 $4,159 \u7684\u4ef7\u683c\u91cd\u65b0\u4e70\u56de\u3002\u7b49\u4e8e\u662f\u4ed6\u8fd9\u4e00\u6ce2\u4f4e\u629b\u9ad8\u5438\uff0c\u6ca1\u4e86 820 \u679a ETH ($340 \u4e07)\u3002\u2026 <a href=\"https:\/\/t.co\/scsBfdE5uc\" target=\"_blank\" rel=\"noopener\">https:\/\/t.co\/scsBfdE5uc<\/a> <a href=\"https:\/\/t.co\/OctwKxd8Qz\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/OctwKxd8Qz<\/a><\/p>\n<p>\u2014 \u4f59\u70ec (@EmberCN) <a href=\"https:\/\/twitter.com\/EmberCN\/status\/1977525798786707886?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">October 13, 2025<\/a><\/p>\n\n<p><span>Another over-the-counter desk picked up 14,165 ETH, approximately $55 million through market-making channels, according to recent trading alerts.<\/span><\/p>\n<p><span>According to SoSoValue <\/span><a class=\"general-link\" href=\"https:\/\/sosovalue.com\/assets\/etf\/us-eth-spot\" target=\"_blank\" rel=\"noopener\"><span>data<\/span><\/a><span>, US spot Ether ETFs posted net outflows on Monday, led by BlackRock\u2019s ETHA (-$80M) and Fidelity\u2019s FETH (-$30M).\u00a0<\/span><\/p>\n\n<p><span>(<\/span><a class=\"general-link\" href=\"https:\/\/sosovalue.com\/assets\/etf\/us-eth-spot\" target=\"_blank\" rel=\"noopener\"><span>Source: SoSoValue<\/span><\/a><span>)<\/span><\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"noopener\">The 12+ Hottest Crypto Presales to Buy Right Now<\/a><\/strong><\/p>\n<p><span>The data suggests large holders and institutions may be scooping up coins that ETFs are releasing back into circulation.<\/span><\/p>\n<p><span>Meanwhile, derivatives markets remain stable. Funding rates across major exchanges fell to their lowest levels since 2022, reflecting a broad reduction in leverage after the heavy liquidations.\u00a0<\/span><\/p>\n<p><span>Analytics firm Glassnode <\/span><a class=\"general-link\" href=\"https:\/\/x.com\/glassnode\/status\/1977405370621702365\" target=\"_blank\" rel=\"noopener\"><span>said<\/span><\/a><span> rates had \u201cdropped to their lowest levels since the 2022 bear market.\u201d<\/span><\/p>\n<p>Funding rates across the crypto market have plunged to their lowest levels since the depths of the 2022 bear market. <\/p>\n<p>This marks one of the most severe leverage resets in crypto history, a clear sign of how aggressively speculative excess has been flushed from the system. <a href=\"https:\/\/t.co\/XBufZmA9vs\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/XBufZmA9vs<\/a><\/p>\n<p>\u2014 glassnode (@glassnode) <a href=\"https:\/\/twitter.com\/glassnode\/status\/1977405370621702365?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">October 12, 2025<\/a><\/p>\n\n<p><strong><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"noopener\">DISCOVER: 20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<h2>Ethereum Price Prediction: What Does the Wyckoff Accumulation Pattern Suggest for Ethereum?<\/h2>\n<p><span>Ethereum\u2019s market structure shows a clear bullish setup forming toward the end of the year.\u00a0<\/span><\/p>\n<p><span>A chart <\/span><a class=\"general-link\" href=\"https:\/\/x.com\/TedPillows\/status\/1977751681640366217\" target=\"_blank\" rel=\"noopener\"><span>shared<\/span><\/a><span> by crypto investor TedPillows compares Ethereum\u2019s price with the global M2 money supply. This has been closely followed by the two since mid-2024.\u00a0<\/span><\/p>\n<p><span>This indicates that Ethereum is in a mid-cycle accumulation stage, commonly known as Wyckoff Accumulation, which has strong support at a price of approximately $2,836.<\/span><\/p>\n<p><span>Both ETH and global liquidity fell at the beginning of 2025 and hit their lowest point in late spring.\u00a0<\/span><\/p>\n<p><span>Soon after, both rebounded. The ETH crypto price surpassed the $ 4,000 mark as worldwide M2, and global M2 surpassed the $114.7 trillion mark.\u00a0<\/span><\/p>\n\n<p><span>(<\/span><a class=\"general-link\" href=\"https:\/\/x.com\/TedPillows\/status\/1977751681640366217\" target=\"_blank\" rel=\"noopener\"><span>Source: X<\/span><\/a><span>)<\/span><\/p>\n<p><span>It is a trend where macro liquidity continues to influence crypto prices, and Ethereum is more responsive to it than Bitcoin.<\/span><\/p>\n<p><span>Technically, ETH appears ready for a continuation rally. The price is consolidating above $4,000 after a sharp move up, forming what seems to be a reaccumulation zone.<\/span><\/p>\n<p><span>Higher lows and a tightening range indicate a potential breakout toward $6,500\u2013$7,000 if market momentum persists.<\/span><\/p>\n<p><span>TedPillows is optimistic that Ethereum will be able to cover the M2 supply in Q4 and have fair value in the range of $8,000-$10,000 by the beginning of 2026 as long as institutional demand and staking authorizations remain robust.<\/span><\/p>\n<p><span>If the Wyckoff formation materializes and liquidity grows as anticipated, Ethereum may be entering one of its most productive periods since 2021.<\/span><\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"noopener\">Top 20 Crypto to Buy in 2025<\/a><\/strong><\/p>\n<p><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/ethereum-whales-are-furiously-buying-eth-is-it-time-to-buy-the-ether-dip\/\">Ethereum Whales are Furiously Buying ETH: Is it Time to Buy the Ether Dip?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum whales are back in accumulation mode after a turbulent weekend, sparking debate over whether this dip is an entry point or another short-term bounce for ETH crypto. Large holders, including one of the biggest corporate treasuries in the market, have been buying heavily over the past 24 hours. The move follows a leverage-driven sell-off [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":104488,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-104487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/104487"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=104487"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/104487\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/104488"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=104487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=104487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=104487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}