Smart Whales Align: Top Performers Go All-In On Ethereum With $425M

Ethereum has regained the $3,150 level after a period of volatility, indicating potential strength in an uncertain market. Opinions are divided; some analysts foresee further declines, while others see this as a reset before a bull cycle extending to 2026.

Smart whales are going long on Ethereum. On-chain data indicates that profitable whale traders have opened significant long positions, collectively over hundreds of millions of dollars.
This behavior suggests confidence among sophisticated investors that recent lows present opportunities.

Top Performers Accumulate Ethereum

BitcoinOG, known for his strategic trades, holds 54,277 ETH, valued at approximately $169.48 million.
The Anti-CZ whale, with a $58.8 million total PNL, is long 62,156 ETH, a position worth $194 million.
Pension-usdt.eth holds 20,000 ETH valued at $62.5 million.

The unified action of these whales reflects a stance towards Ethereum strength despite market uncertainties.

Weekly Structure and Market Signals

Ethereum's weekly chart shows efforts to stabilize post-decline from $4,500, reclaiming $3,150—a crucial support level from mid-2024.
The 50-week moving average might act as a trend-defining zone.
ETH remains below key resistance levels, with converging 20-week and 100-week averages posing potential rejection zones.
Volume patterns suggest accumulation rather than full risk-on behavior.

If ETH sustains above $3,200–$3,300, it could retest the $3,600–$3,800 range. Failure to hold $3,150 may lead to a move toward $2,800 support.