CoinTR Logo
CoinTR
  1. News
  2. Analysis
  3. ETH Price Eyes $4K Amid Whale Accumulation

ETH Price Eyes $4K Amid Whale Accumulation

Whales are buying big and ETH reserves are shrinking—signs point to a potential breakout as Ethereum nears $4,000.

ETH Price Eyes $4K Amid Whale Accumulation
service

ETH Price- Is Ethereum Ready to Explode Past $4,000?

ETH PriceEthereum (ETH) is back in the spotlight. With prices approaching the key $4,000 mark, whale activity and on-chain signals hint that a massive rally might just be getting started.

Whales Are Betting Big on ETH Again

ETH Price Eyes $4K Amid Whale Accumulation

Over the past 24 hours, whales have made bold moves—fueling optimism. One major player, Aguila Trade, flipped bullish after closing a losing short position worth $8M. The firm quickly opened a new $128M long, now sitting on over $600K in unrealized profit.

Meanwhile, another whale withdrew 13,244 ETH ($49.5M) from OKX to private wallets—a classic bullish move signaling long-term conviction.

Exchange Reserves Are Falling Fast

ETH is disappearing from exchanges.

CoinTR
ETH Price Eyes $4K Amid Whale Accumulation

Exchange-held Ethereum has dropped to 19.7 million coins, as deposits slow to a crawl. Only 16,000 addresses are currently depositing ETH—lowest since July 7—showing that holders prefer to HODL, not sell.

This declining supply could trigger a supply squeeze, especially if buying momentum continues.

Spot Market and On-Chain Signals Align

ETH Price Eyes $4K Amid Whale Accumulation

Investors have poured over $70M into ETH via spot markets, while $4M in cross-chain liquidity has flowed into Ethereum from other ecosystems, according to Artemis.

This capital rotation signals growing belief in ETH’s upside potential—and reduced interest in other chains, at least for now.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.

ETH Price Eyes $4K Amid Whale Accumulation

ETH Price Eyes $4K Amid Whale Accumulation
Comment

Your email address will not be published. Required fields are marked *

Login

To enjoy Crypto Data Space privileges, log in or create an account now, and it's completely free!