TL;DR After weeks of consistent accumulation, Ethereum whales have changed the tune and have offloaded massive quantities of the second-largest 1 the overall weak market sentiment as of late, the question now arises whether the asset will fall toward and below the crucial $4,000 2 Sell, Some Buy Data shared by popular crypto analyst Ali Martinez shows that these large market participants have disposed of over 430,000 ETH in just the last two weeks, which is a stark contrast to their approach to Ethereum throughout most of July and 3 a USD perspective, this fortune is worth around $1.80 4 the last two weeks, whales have offloaded over 430,000 Ethereum $ETH , worth around $1.80 billion! 5 — Ali (@ali_charts) August 31, 2025 Recall that they accumulated almost the same amount just a few weeks ago, as ETH’s price had dipped from over $4,800 to under $4,100.
Just a few days later, the cryptocurrency skyrocketed to a fresh all-time high of $4,950 before it corrected once again to $4,250 amid the current 6 particular whale, though, who has become known as a Bitcoin OG in the crypto community over the past few weeks, remains unfazed by the current market 7 continue to swap BTC for ETH with another $109 million transaction completed earlier 8 total, the whale has purchased roughly $3.4 billion worth of ETH while disposing of massive BTC 9 Bitcoin OG just deposited another 1,000 $BTC ($109M) into #Hyperliquid to dump and buy $ETH 10 had previously purchased 740,570 $ETH ($3.4B) and staked it. 0 11 — Lookonchain (@lookonchain) August 31, 2025 Drop Below $4K?
Such massive sell-offs by whales could impact the underlying asset in a two-fold manner. First, they increase the immediate selling pressure. Second, their actions could be mimicked by smaller investors, which could have a snowball effect on the asset’s price 12 mentioned above, ETH dipped to $4,250 earlier today before it recovered some ground to regain $200. However, the danger still looms of a more profound correction that could push the asset to $4,000 for the first time since early 13 indicated that this is the most significant support line for ETH’s current market 14 lost, though, the next stop would likely be $3,800.
Ethereum $ETH could find support at $4,000! 15 — Ali (@ali_charts) August 30, 2025
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