Ethereum Whales Accumulate as ETH Price Struggles, Analysts Eye $2,200 Breakout
Portfolio Pulse from
Ether (ETH) has experienced a significant price decline of over 51% from its December peak, yet large investors continue to accumulate. The number of wallets holding over $100,000 in ETH has increased from 70,000 to 75,000, while open interest reached an all-time high. Analysts are watching the $2,200 price level as a potential breakout point, with long-term predictions suggesting ETH could reach $6,000 in 2025.
March 24, 2025 | 12:45 am
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Large investors are accumulating Ether despite recent price weakness, signaling potential market bottom. Open interest surge and whale accumulation suggest possible bullish momentum.
Whale accumulation, increased open interest, and potential breakout above $2,200 indicate bullish sentiment. Macro challenges exist, but long-term outlook remains positive.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100