Ethereum price is surging as large-scale whale accumulation and strong trading volumes push ETH toward new all-time highs; a Bitcoin whale converted roughly $34.8M into ETH, adding to existing long and spot positions and reinforcing bullish momentum across $4,200–$4,800 ranges.
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Whale shift: 300 BTC (~$34.8M) moved to buy ETH, increasing market confidence.
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Key support shows heavy trading between $4,200–$4,400; resistance near $4,880.
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On-chain trackers (Lookonchain) and analyst Lennaert Snyder point to buy zones at $4,640 and $4,300.
Ethereum price climbs as a whale moves $34.8M into ETH, strengthening buy zones; read market signals and trading levels to act. (Ethereum price — learn more)
Ethereum nears record highs as a Bitcoin whale shifts $34M into ETH, boosting confidence and signaling strong bullish momentum.
- A Bitcoin whale moved 300 BTC into ETH, holding over $1B in positions and gaining $100M in unrealized profits.
- Ethereum hit $4,880 before pulling back, with analysts pointing to $4,640 and $4,300 as ideal buy zones for traders.
- ETH shows resilience as strong whale activity and heavy trading between $4,200–$4,400 support its path to new all-time highs.
Ethereum is heating up with powerful whale activity and new price highs that attract global market attention. A well-known Bitcoin OG recently shifted 300 BTC worth $34.8M into Hyperliquid to buy Ethereum.
This investor already holds 135,265 ETH on long contracts (≈$581M) and another 122,226 ETH in spot holdings. Consequently, his unrealized gains now exceed $100M. This move highlights growing confidence in Ethereum’s trajectory as it inches closer to new record highs.
What is driving the recent Ethereum price rally?
Ethereum price is rising primarily due to concentrated whale accumulation, higher trade volumes, and renewed demand around key liquidity zones. Large transfers and long-position concentration have amplified bullish sentiment and tightened support between $4,200 and $4,400.
How did the whale move affect ETH momentum?
On-chain tracker Lookonchain recorded the 300 BTC-to-ETH conversion, signaling significant capital rotation into Ethereum. The whale’s average long entry of ~ $4,295 and spot entry near $4,377 means gains widened as ETH traded above $4,700.
Analyst Lennaert Snyder identifies liquidity and buy zones near $4,640 and $4,300, which now act as reference points for traders. Quote (Lennaert Snyder): “Reclaiming $4,880 could open the path to fresh highs.” Market participants watch these levels for pullback buys and risk management.
Why are $4,200–$4,400 levels important for traders?
These levels show the heaviest trading volume on the ETH/USDT perpetual contract and have served as demand zones during recent corrections. Buyers defended $4,200 several times, creating a foundational range that supports further upside if preserved.
When could Ethereum test new all-time highs?
If Ethereum reclaims and sustains above $4,880 with continued volume support and whale accumulation, the path to new all-time highs becomes likely. Traders monitor resistance near $4,650–$4,880 and liquidity above those levels to confirm breakout strength.
Whale Moves and Market Signals
Lookonchain tracked these large transactions, noting that the whale’s average long entry is around $4,295 while his spot entry stands near $4,377. Hence, his positions benefit strongly from Ethereum’s rally, now trading above $4,700. Such strategic buying adds to the bullish narrative around ETH amid heightened volatility.
Additionally, Ethereum surged to $4,880 before encountering resistance. The investor’s on-chain concentration—135,265 ETH in long contracts and 122,226 ETH in spot—helps explain the market’s focus on these price bands.
Technical Analysis and Trading Range
Price volatility over the past 22 days shows ETH moving from near $3,800 to peaks above $4,700, highlighted by increased trade volumes. Not all sessions favored buyers; corrections pushed prices toward $4,400 before support steadied near $4,200.
Source: Lennaert Snyder
The volume profile indicates the heaviest trading between $4,200 and $4,400, with buyers defending these levels. Recent pushes toward $4,700 are testing upper resistance near $4,650, and reclaiming $4,880 remains the key catalyst scenario.
Outlook
As concentrated whale accumulation aligns with sturdy fundamentals, Ethereum demonstrates resilience. If ETH breaks and sustains above $4,880, new all-time highs become a realistic near-term target. Traders should watch liquidity zones and whale position activity for confirmation.
Frequently Asked Questions
How much did the whale move into Ethereum?
The whale moved 300 BTC (about $34.8M) into Ethereum via Hyperliquid, adding to existing long and spot holdings and increasing unrealized gains above $100M.
Where are the best buy zones for ETH now?
Analyst-identified buy zones are near $4,640 and $4,300, with strong support observed between $4,200–$4,400 based on trade volume and liquidity profiles.
Will Ethereum reach a new all-time high soon?
If ETH reclaims and sustains above $4,880 with continued volume and whale accumulation, the market could push to new all-time highs; confirmation requires follow-through buying above resistance.
Key Takeaways
- Whale accumulation: A 300 BTC conversion into ETH strengthens bullish momentum.
- Critical zones: $4,200–$4,400 act as support; $4,640 and $4,300 are key buy zones.
- Action: Monitor volume, whale flows, and whether ETH reclaims $4,880 before increasing exposure.
Conclusion
Ethereum price dynamics are being shaped by heavy whale activity and concentrated trading around $4,200–$4,400. With an on-chain-focused investor adding roughly $34.8M to ETH positions and analysts flagging key buy zones, traders should watch volume and liquidity to confirm any breakout toward new highs. COINOTAG will continue tracking developments and on-chain flows.
