Ethereum
Big-Money Traders Buying ETH Dip


On-chain data shows the large Ethereum investors have been adding to their holdings recently, a sign that could be bullish for the ETH price.
Ethereum Large Holders Netflow Has Turned Positive Recently
In a new post on X, the market intelligence platform IntoTheBlock has talked about the trend in the Large Holders Netflow for Ethereum. This metric measures the net amount of the cryptocurrency that’s moving into or out of the wallets controlled by the Large Holders.
The analytics firm defines three categories for investors: Retail, Investors, and Whales. Members of Retail hold less than 0.1% of the supply in their balance, that of Investors between 0.1% and 1%, and that of Whales more than 1%.
At the current exchange rate, 0.1% of the ETH supply, the cutoff between Retail and Investors, is worth over $214 million, a very substantial amount. This means that the addresses who are able to qualify for Investors are already quite large, let alone those who have made it to the Whales.
As such, the Large Holders, the actual cohort of interest in the current discussion, includes both of these groups. Thus, the Large Holders Netflow keeps track of the transactions related to Investors and Whales.
When the value of this metric is positive, it means the big-money investors on the network are receiving a net number of deposits to their wallets. On the other hand, it being under the zero mark suggests these key holders are participating in net selling.
Now, here is the chart shared by IntoTheBlock that shows the trend in the Ethereum Large Holders Netflow over the past week:
The value of the metric appears to have been positive in recent days | Source: IntoTheBlock on X
As is visible above, the Ethereum Large Holders Netflow has remained almost entirely in the positive territory for the period of the graph, which implies that the Investors and Whales have been accumulating. On the second of the month alone, these key entities loaded up on a net 130,000 ETH (about $230 million).
The net inflows for the Large Holders have come while the cryptocurrency has been declining, so it’s possible that this cohort believes the recent prices have been offering a profitable entry into the asset. It now remains to be seen whether this accumulation would be enough to help ETH attain a bottom or not.
In some other news, the Ethereum fee is down to the lowest level since 2020 this quarter, as the analytics firm has pointed out in another X post.
The changes that occurred in key ETH metrics during the first quarter of 2025 | Source: IntoTheBlock on X
Following a sharp drop of 59.6%, the Ethereum total transaction fees is down to $208 million. According to IntoTheBlock, this trend is “primarily driven by the gas limit increase and transactions moving to L2s.”
ETH Price
Ethereum saw recovery above $1,900 earlier in the week, but it seems bullish momentum has already run out as the coin’s back to $1,770.
Looks like the price of the coin has plunged recently | Source: ETHUSDT on TradingView
Featured image from Dall-E, IntoTheBlock.com, chart from TradingView.com

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Ethereum
Ethereum Risks 15% Drop If It Doesn’t Reclaim Key Resistance

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Ethereum (ETH) has seen a 17% drop in the last month, trading below $1,850 for the past few days. Amid its current performance, an analyst has warned investors the cryptocurrency risks dropping to 17-month lows if it fails to reclaim key resistance levels.
Related Reading
Ethereum Could See Drop To $1,550
Ethereum has been trading below a key support zone for the past two days, hovering between $1,750-$1,840 after failing to recover the $1,900 mark on Wednesday. The second-largest cryptocurrency by market capitalization lost its 15-month range in early March, dropping below $2,100 for the first time since December 2023.
Since losing this level, ETH has seen its worst performance in seven years, recording a negative monthly close for the fourth consecutive month. Analyst Rekt Capital highlighted that this performance validated Ethereum’s double top formation that developed within its $2,196-$3,904 Macro Range.
After breaking down from this range, Ethereum trades within a historical liquidity pool, between the $1,640-$1,930 range, and “effectively has positioned itself for a bearish retest” of the range’s top with its monthly close within this area, which could turn this level into a new resistance.

As the analyst explains, turning this level into resistance has historically seen ETH’s price drop to the current range’s lower zone. “In other words, turning the red level into resistance (red circle) has historically preceded a drop into the support at the bottom of the light blue historical demand area (orange circle),” he detailed.
As such, Ethereum must reclaim the top of this demand area “to challenge a move to the old Macro Range Low of $2,196.” Meanwhile, a rejection from the $1,930 mark, which it has been unable to reclaim over the past week, would see ETH risk a 15% drop to the $1,550 area.
Is A 20% Rally Coming?
Rekt Capital also pointed out that since June 2023, ETH’s Dominance has dropped from 20% to 8%, historically a reverse area for the cryptocurrency. When Ethereum’s Dominance touched the $7.5%-8.25% range, it reversed “to become more market-dominant,” which could signal a reversal for the King of Altcoins.
Several analysts consider that the key levels to watch are the $1,750 support and the $2,100 resistance, as a break above or below these levels will determine ETH’s next significant move.
Related Reading
Analyst Sjuul from AltCryptoGems suggested that Ethereum could eye a 20% rally based on a Power of 3 setup in ETH’s lower timeframe chart. The analyst highlighted that the cryptocurrency had an accumulation phase after dropping below the $2,150 support, hovering within the $1,840 and $2,100 levels since March 10.
After dipping below the $1,840 mark, the cryptocurrency has been in the manipulation phase, the chart shows, which could trigger a push to the $2,150 resistance if ETH breaks out and starts the distribution phase.
As of this writing, Ethereum trades at $1,808, a 2.2% surge in the daily timeframe.

Featured Image from Unsplash.com, Chart from TradingView.com
Ethereum
Ethereum Whales Buy the Dip – Over 130K ETH Added In A Single Day

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Ethereum is trading below the $1,900 level, facing ongoing selling pressure as the broader crypto market continues to weaken. After a sharp rejection from the $2,500 mark in late February, bulls have failed to regain momentum, and ETH has steadily declined — disappointing many investors who entered the year with high expectations for a bullish trend. The loss of key support levels has further damaged sentiment, and Ethereum’s price action remains bearish in the short term.
Related Reading
Despite the negative outlook, there are signs of accumulation beneath the surface. According to data from IntoTheBlock, Ethereum whales are buying the dip. The largest ETH wallets added over 130,000 ETH to their holdings just yesterday — a move that suggests confidence from long-term players even as retail sentiment wavers.
This accumulation could signal a shift in momentum if sustained, especially if whales continue to absorb supply while prices remain low. However, for any real recovery to take hold, Ethereum must reclaim critical resistance levels and show stronger buying activity across the board. For now, the market remains under pressure, but whale behavior could offer a hint of what’s to come once the current downtrend begins to ease.
Ethereum Big Players Buy Amid Market Uncertainty
Ethereum is currently down 55% from its December high, reflecting the broader pain across the crypto market. The selloff has been fueled in large part by rising macroeconomic uncertainty, with U.S. President Donald Trump’s aggressive trade policies and unpredictable tariff announcements adding to global financial instability. As traditional markets struggle to find footing, high-risk assets like Ethereum have been among the hardest hit.
Bulls are having a difficult time defending key support levels, and price action suggests the downtrend may continue in the short term. With Ethereum trading well below the $1,900 mark and no clear signs of bullish momentum, the outlook remains fragile.
Still, not all signals are bearish. According to data from IntoTheBlock, Ethereum whales appear to be accumulating. On a single day, the largest ETH wallets added over 130,000 ETH to their holdings — a move that suggests quiet confidence among major players. This level of accumulation, especially during periods of fear and weakness, often hints at a long-term bullish outlook.

While price continues to trend lower, the behavior of these large holders adds to the speculative environment, signaling that some investors may be positioning early for a potential surge. If macro conditions begin to stabilize or sentiment shifts, Ethereum could benefit from this quiet accumulation phase — but for now, the market remains in correction mode.
Related Reading
Technical Analysis: ETH Bulls Defend Critical Support
Ethereum is trading at $1,830 following a wave of heavy selling pressure that pushed the price sharply below the key $2,000 level. Panic selling has gripped the market, with bulls struggling to regain control amid a broader downturn across the crypto space. The breakdown below $2,000 marked a significant shift in sentiment, turning what was once viewed as a consolidation phase into a deeper correction.

At this stage, bulls must hold the $1,800 support level — a critical threshold that, if lost, could lead to a further decline toward $1,750 or lower. Holding above $1,800 would allow for stabilization and the chance to build a foundation for recovery. However, to signal a meaningful reversal, Ethereum needs to reclaim the $2,100 level, which now acts as short-term resistance.
Related Reading
Only a decisive push above that mark would confirm renewed strength and potentially reestablish bullish momentum. Until then, ETH remains vulnerable to further downside. With broader market conditions still uncertain, Ethereum’s next move around these support levels will be crucial in determining whether it can recover in the near term or slide deeper into correction territory.
Featured image from Dall-E, chart from TradingView
Ethereum
Ethereum Faces ‘Hyperinflation Hellscape’—Analyst Reveals Key On-Chain Insights

Ethereum (ETH) continues to underperform in the broader cryptocurrency market, currently trading just below $1,800 after falling 4% in the past 24 hours. Despite a strong start to the year, where the crypto market experienced bullish momentum, ETH has failed to sustain its upward trajectory.
Since slipping below the $3,000 level, the asset has largely ranged downward and has now breached the $2,000 support zone, signaling weakening demand and sentiment.
While Bitcoin and other major digital assets still managed to see some recovery efforts in recent weeks, Ethereum’s price decline has been accompanied by decreasing network activity and weakening on-chain fundamentals.
This divergence has raised concerns over ETH’s short-term outlook and prompted a fresh analysis of the underlying causes driving the asset’s performance.
Fee Decline and Network Inactivity Fuel Inflationary Pressures
CryptoQuant analyst EgyHash recently published a report highlighting key on-chain metrics that suggest Ethereum’s current market weakness is closely tied to its declining fee economy and user activity.
According to the report titled: “Why Ethereum Is Bleeding Value: Fee Crash Meets Hyperinflation Hellscape.” Ethereum’s network is experiencing its lowest levels of activity since 2020.
Daily active addresses have declined steadily since early 2025, and average transaction fees have dropped to record lows. This reduction in activity has led to a sharp fall in Ethereum’s burn rate, a metric crucial in offsetting inflationary pressures following the network’s transition to proof-of-stake.
The Dencun upgrade, which was expected to enhance network efficiency, has coincided with an extended period of low transaction volumes, further reducing fee income and contributing to higher net ETH issuance.
EgyHash concludes that the confluence of weak network engagement, reduced burn rate, and high token inflation is central to Ethereum’s declining valuation.
Why Ethereum Is Bleeding Value
“Ethereum’s recent underperformance can be largely attributed to diminished network activity, as evidenced by declining active addresses and reduced transaction fees.” – By @EgyHashX pic.twitter.com/fgQJYCrOIn
— CryptoQuant.com (@cryptoquant_com) April 3, 2025
Ethereum Technical Outlook Signals Potential Support
Despite on-chain headwinds, some technical analysts maintain a cautiously optimistic view. Trader Courage, a technical analyst on X, noted that Ethereum is currently testing a major support zone and could rebound toward the upper resistance of its current trading range.
Back at the green support line. Looks like we could be heading towards the top of the range.
Key levels are on the chart.#Ethereum pic.twitter.com/rRX8b3b6nW
— Trader Courage
(@CryptoCourage1) April 3, 2025
Another market analyst, CryptoElite, shared a long-term ascending trendline that ETH has respected historically. Based on this trend, the analyst believes ETH could still have the potential to rally to $10,000 later in the year, provided broader market conditions improve.
Featured image created with DALL-E, Chart from TradingView
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