| COINOTAG recommends • Exchange signup |
| 💹 Trade with pro tools |
| Fast execution, robust charts, clean risk controls. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🚀 Smooth orders, clear control |
| Advanced order types and market depth in one view. |
| 👉 Create account → |
| COINOTAG recommends • Exchange signup |
| 📈 Clarity in volatile markets |
| Plan entries & exits, manage positions with discipline. |
| 👉 Sign up → |
| COINOTAG recommends • Exchange signup |
| ⚡ Speed, depth, reliability |
| Execute confidently when timing matters. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🧭 A focused workflow for traders |
| Alerts, watchlists, and a repeatable process. |
| 👉 Get started → |
| COINOTAG recommends • Exchange signup |
| ✅ Data‑driven decisions |
| Focus on process—not noise. |
| 👉 Sign up → |
- Ethereum whales have started accumulating ETH as its price fell after reaching $3,900.
- Ethereum’s exchange reserve saw a significant decline on May 30th.
- Metrics indicated that ETH was in an overbought position.
Ethereum whales are on the move as the price dips, signaling potential market shifts. Discover the latest trends and insights in our comprehensive analysis.
Ethereum Whales Accumulate Amid Price Drop
Ethereum (ETH) enthusiasts were thrilled last week when the price of the leading altcoin surged past $3,900. However, the momentum was short-lived as the price soon retreated. During this period of volatility, large investors, commonly known as whales, seized the opportunity to accumulate more ETH.
Exchange Reserves and Market Sentiment
On May 30th, Ethereum’s exchange reserves experienced a sharp decline, indicating significant buying pressure. According to data from CoinMarketCap, ETH was down by over 1% in the past week, trading at $3,759.66 with a market capitalization exceeding $451 billion. Despite the price volatility, whales increased their holdings, as evidenced by a rise in Ethereum addresses holding more than 10,000 ETH.
Market Indicators and Technical Analysis
AMBCrypto’s analysis of Glassnode data revealed that Ethereum’s balance on exchanges dropped significantly, suggesting heightened buying activity. However, CryptoQuant data painted a different picture, showing an increase in net deposits on exchanges, which could indicate rising selling pressure. Additionally, the Coinbase Premium was in the red, reflecting a bearish sentiment among US investors.
| COINOTAG recommends • Professional traders group |
| 💎 Join a professional trading community |
| Work with senior traders, research‑backed setups, and risk‑first frameworks. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 📊 Transparent performance, real process |
| Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
| 👉 Get access → |
| COINOTAG recommends • Professional traders group |
| 🧭 Research → Plan → Execute |
| Daily levels, watchlists, and post‑trade reviews to build consistency. |
| 👉 Join now → |
| COINOTAG recommends • Professional traders group |
| 🛡️ Risk comes first |
| Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
| 👉 Start today → |
| COINOTAG recommends • Professional traders group |
| 🧠 Learn the “why” behind each trade |
| Live breakdowns, playbooks, and framework‑first education. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 🚀 Insider • APEX • INNER CIRCLE |
| Choose the depth you need—tools, coaching, and member rooms. |
| 👉 Explore tiers → |
Technical Indicators Signal Mixed Trends
Technical analysis of Ethereum’s daily chart showed potential bearish signals. The MACD indicator suggested a possible bearish crossover, while the Money Flow Index (MFI) registered a slight downtick. Bollinger Bands indicated high price volatility, with ETH still above its 20-day Simple Moving Average (SMA). Despite these bearish indicators, the Chaikin Money Flow (CMF) remained bullish, hinting at a possible rebound above the $3,789 resistance level.
Conclusion
In summary, the recent accumulation of Ethereum by whales amid a price drop highlights the complex dynamics at play in the crypto market. While some indicators suggest a bearish trend, others point to potential bullish movements. Investors should closely monitor these trends and market signals to make informed decisions. As always, staying updated with the latest data and analysis is crucial for navigating the volatile crypto landscape.
| COINOTAG recommends • Exchange signup |
| 📈 Clear interface, precise orders |
| Sharp entries & exits with actionable alerts. |
| 👉 Create free account → |
| COINOTAG recommends • Exchange signup |
| 🧠 Smarter tools. Better decisions. |
| Depth analytics and risk features in one view. |
| 👉 Sign up → |
| COINOTAG recommends • Exchange signup |
| 🎯 Take control of entries & exits |
| Set alerts, define stops, execute consistently. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🛠️ From idea to execution |
| Turn setups into plans with practical order types. |
| 👉 Join now → |
| COINOTAG recommends • Exchange signup |
| 📋 Trade your plan |
| Watchlists and routing that support focus. |
| 👉 Get started → |
| COINOTAG recommends • Exchange signup |
| 📊 Precision without the noise |
| Data‑first workflows for active traders. |
| 👉 Sign up → |
| COINOTAG recommends • Members‑only research |
| 📌 Curated setups, clearly explained |
| Entry, invalidation, targets, and R:R defined before execution. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧠 Data‑led decision making |
| Technical + flow + context synthesized into actionable plans. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 🧱 Consistency over hype |
| Repeatable rules, realistic expectations, and a calmer mindset. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🕒 Patience is an edge |
| Wait for confirmation and manage risk with checklists. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 💼 Professional mentorship |
| Guidance from seasoned traders and structured feedback loops. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧮 Track • Review • Improve |
| Documented PnL tracking and post‑mortems to accelerate learning. |
| 👉 Join now → |
