130,000 Ethereum left exchanges – Haussier signal?

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Despite the continuous decline, the data on the chain suggest that large investors can position themselves for a recovery. According to Cryptochant, whales moved more than 130,000 ETH exchanges during last week, signaling a tendency to increasing accumulation. This model has developed since Ethereum started to decrease, suggesting that institutional actors and long -term holders buy the decline in anticipation of the appreciation of future prices.

While short -term feeling remains lower, historical data show that large accumulations of whales often precede strong rebounds once the sales pressure is faded. However, the ETH still faces significant resistance and the bulls must recover key levels to confirm a potential tendency reversal. The uncertainty of the market being always imminent, the coming weeks will be essential to determine the next major movement of Ethereum.

Ethereum Whale Activity refers to optimism

Ethereum has undergone massive pressure of sale, in difficulty in the midst of macroeconomic uncertainty and fears of trade war that have shaken both the crypto market and the US stock market. ETH is now negotiated below a level of multi -year support, which could act as strong resistance in the coming weeks. If the bulls fail to recover the key price levels, the scene could be fixed for a deeper correction.

However, not all indicators are fucked. Despite the current tendency in progress, some analysts remain optimistic about the long -term prospects of Ethereum. High -level analyst Ali Martinez shared information on X, revealing that the whales moved more than 130,000 ETH exchanges during last week.

Ethereum balance by holder value | Source: Ali Martinez on X

This is important because large investors generally move their assets from exchanges when they plan to keep long -term rather than sell. When the whales transfer eTH to private wallets, this often signals accumulation rather than immediate sales pressure. Historically, these trends have preceded rebounds on the market, because a reduction in the exchange of exchange can contribute to the stability of prices and the future potential of increase.

Bulls fight to hold the key levels

Ethereum is currently negotiating at $ 1,904, finds it difficult to resume the momentum after days of consolidation below the bar of $ 2,000. The current sales pressure has maintained ETH under key resistance, making it difficult for bulls to reverse the trend and start recovery.

ETH fighting below $ 2,000 | Source: Ethusdt table on tradingView

So that Ethereum finds an upward perspective, the bulls must recover the level of $ 2,000 as soon as possible. A push supported above this resistance would signal the force and could prepare the ground for a rally to higher levels, potentially testing $ 2,250 to $ 2,400 in the coming weeks.

However, if the ETH loses current demand levels, the next main liquidity area is around $ 1,600. Ventilation less than $ 1,750 could trigger other sales, leading to an extended bearish phase which could delay any potential recovery.

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