Sep 17, 2025
11 0
Ethereum Whales Sell 90,000 ETH; On-Chain Data Shows Strength
Recent data indicates significant activity in the Ethereum market:
- Ethereum whales sold 90,000 ETH within 48 hours, momentarily pushing the price below $4,500. It later stabilized at approximately $4,543.85, achieving a 5% gain over the past week.
- Citigroup predicts Ethereum's year-end price for 2025 to be $4,300, considering macroeconomic risks and potential regulatory challenges. However, on-chain data suggests stronger fundamentals with this level possibly serving as downside support.
- Ethereum staking inflows have reached their highest since mid-2023, peaking at 308,000 ETH on August 25, indicating increased validator confidence and reduced circulating supply.
- ETH balances on centralized exchanges are at multi-year lows, reducing the risk of sudden market supply shocks.
Looking forward:
- Analysts note that Ethereum, after reaching $4,811.71, is showing bullish strength. A break above this level could potentially lead to a target of $8,557.68, representing a 77% upside.
- The resilience above $4,500 may signal the end of the correction phase, paving the way for further gains.
