{"id":108681,"date":"2025-10-29T11:07:00","date_gmt":"2025-10-29T11:07:00","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=108681"},"modified":"2025-10-29T11:07:00","modified_gmt":"2025-10-29T11:07:00","slug":"whales-load-up-on-eth-19-below-ath-is-a-big-ethereum-move-brewing","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=108681","title":{"rendered":"Whales Load Up on ETH 19% Below ATH: Is a Big Ethereum Move Brewing?"},"content":{"rendered":"

Ethereum (ETH) is trading near $4,000 after bouncing from a low of $3,900 earlier this week. While the token is up about 4% over the past seven days, it has seen a decline of 3% in the last 24 hours. ETH remains about 19% below its all-time high of $4,950 (CoinGecko).<\/p>\n

Data from Alphractal shows<\/a> a sharp increase in the number of Ethereum addresses holding more than 1,000 ETH. This rise in large wallet balances has drawn attention in recent sessions.<\/p>\n

ETH Leaves Exchanges as Supply Shrinks<\/h2>\n

Supporting this, data from CryptoQuant shows ETH reserves across all exchanges have dropped by about 1 million coins since late September. The figure has fallen from 16.8 million to 15.8 million ETH, indicating a steady outflow over the past month.<\/p>\n

Meanwhile, these withdrawals suggest ETH is moving into self-custody, a sign often seen as a longer-term holding. The price has held steady above $4,000 during this shift, suggesting reduced sell pressure in the short term.<\/p>\n

<\/a>Source: CryptoQuant<\/p>\n

Bigger Players Increase Exposure<\/h2>\n

Institutional interest in Ethereum has also risen. CryptoPotato reported<\/a> that ETH held by institutions has grown nearly four times faster than Bitcoin over the last year. This shift may point to a growing role for Ethereum in large portfolios.<\/p>\n

Bitmine, a firm backed by Tom Lee, recently bought<\/a> 27,316 ETH worth over $113 million. The firm now holds 3.34 million ETH, valued at $13.3 billion. Lee has said<\/a> ETH could reach $15,000 by December, though such targets remain speculative.<\/p>\n

Key Levels Hold as Market Waits<\/h2>\n

Ethereum is trading in a tight range between $4,000 and $4,150. As we reported<\/a>, a similar pattern was seen in mid-2025, when ETH moved sideways before jumping from $2,500 to $3,800. Some analysts view the current structure as a possible base.<\/p>\n

BitBull noted<\/a> that \u201cas long as the $3.8K\u2013$4K zone holds, there\u2019s no reason to be bearish on Ethereum<\/em>.\u201d<\/p>\n

Short-term price action remains sensitive. Another analyst pointed out<\/a> ETH dropped to $3,900 before bouncing and added,<\/p>\n

\u201cthis selling is likely tied to de-risking ahead of the FOMC meeting.\u201d<\/p>\n

The post Whales Load Up on ETH 19% Below ATH: Is a Big Ethereum Move Brewing?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum (ETH) is trading near $4,000 after bouncing from a low of $3,900 earlier this week. While the token is up about 4% over the past seven days, it has seen a decline of 3% in the last 24 hours. ETH remains about 19% below its all-time high of $4,950 (CoinGecko). Data from Alphractal shows […]<\/p>\n","protected":false},"author":0,"featured_media":108682,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-108681","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\/108681"}],"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=108681"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/108681\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/108682"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=108681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=108681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=108681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}