Ethereum Demand Spikes As Whales Add 260K ETH In 24 Hours

Ethereum is facing a pivotal moment as it struggles to hold above the $4,400 level after several days of heavy volatility and persistent selling ￰0￱ market’s recent downturn has put bulls on the defensive, with the threat of a deeper correction looming if support levels give ￰1￱ the uncertainty, Ethereum continues to attract significant interest from large investors, reinforcing the narrative of long-term confidence in the ￰2￱ Reading: Ethereum Demand Stays Strong As Exchange Reserves Keep Falling – Details Capital rotation between Ethereum and Bitcoin remains one of the defining themes of this market ￰3￱ Bitcoin has shown signs of weakness following its recent highs, Ethereum has benefited as institutions and whales shift capital toward the second-largest ￰4￱ trend suggests that Ethereum’s role as a core market driver is becoming even more ￰5￱ to the latest data from Santiment, Ethereum whales have added massive amounts of ETH to their portfolios in just the past 24 ￰6￱ aggressive accumulation highlights growing conviction among large players, even as retail investors show signs of ￰7￱ Add $1.1B In Ethereum As Capital Rotates From Bitcoin Analyst Ali Martinez reports that whales purchased 260,000 ETH in the past 24 hours, valued at around $1.1 ￰8￱ staggering figure is not just another sign of demand—it confirms a dynamic shift unfolding across the market, where smart money is rotating out of Bitcoin and into ￰9￱ the heavy volatility and recent pullback, Ethereum continues to display remarkable resilience compared to ￰10￱ Bitcoin has been losing key support levels and showing signs of weakening momentum, Ethereum has managed to hold above critical structural demand ￰11￱ divergence between the two leading assets underscores the increasing confidence institutions and whales are placing in Ethereum’s long-term ￰12￱ accumulation on such a scale often precedes significant market moves, as large holders tend to position ahead of broader market ￰13￱ inflow of $1.1 billion into ETH highlights that major players see value at current levels, even as the market ￰14￱ capital rotation intensifies, Ethereum is reinforcing its position not only as the leading altcoin but as a market driver in its own ￰15￱ suggest that this could set the stage for a decisive breakout in the weeks ahead, with ETH potentially outpacing Bitcoin’s performance if current trends ￰16￱ coming days will reveal whether this whale-driven demand is enough to fuel Ethereum’s next major ￰17￱ Reading: Binance Network Activity Outpaces Ethereum As Active Addresses Double Since April Ethereum Price Analysis: Key Support Under Pressure Ethereum (ETH) is currently trading at $4,384, showing signs of consolidation after several days of volatility and selling ￰18￱ chart highlights that ETH is testing critical support levels, with the 200-day moving average (red line) around $4,236 acting as a major demand ￰19￱ this level is crucial, as a breakdown could accelerate losses toward the $4,000 psychological ￰20￱ 50-day (blue line) and 100-day (green line) moving averages are hovering slightly above price action, showing ETH struggling to reclaim momentum in the short ￰21￱ rejections around the $4,600–$4,700 range over the past weeks reveal strong supply pressure, with sellers actively defending higher ￰22￱ Reading: Solana Investors Cash Out Nearly $1-B As SOL Tests Key Price Level Despite the current weakness, ETH has managed to hold a higher low structure compared to its July base near $3,500, which suggests the broader uptrend remains intact.

However, trading volume has declined, signaling reduced conviction among ￰23￱ ETH to regain strength, it must reclaim the $4,500 level and flip it into ￰24￱ to do so leaves ETH vulnerable to further ￰25￱ the short term, the $4,200–$4,250 region remains the line in the sand for bulls to ￰26￱ image from Dall-E, chart from TradingView