DEV Community

Sergi Mamedov
Sergi Mamedov

Posted on

πŸš€ Whales Accumulate $1B $ETH , Is $4,000 Next for Ethereum?

πŸ“ˆ Ethereum Price Consolidates
Ethereum (ETH) trades around $3,275.5, down 2.71% in 24 hours. Despite the short-term dip, whale activity and bullish on-chain signals suggest ETH could rally to $4,000.

πŸ’‘ Network Growth Indicates Capital Inflow
Santiment data shows Network Growth spiked to 180K after months at 90K. This surge reflects new wallets joining Ethereum, hinting at increased buying interest and potential for a price rebound. Historically, similar spikes preceded significant price rallies, reinforcing a bullish outlook.

πŸ‹ Whales on a Buying Spree
Whales have accumulated 330K ETH worth $1 billion in two weeks. Non-exchange ETH supply has risen from 52M in March 2024 to 66M in January 2025, while exchange-held ETH dropped to 10.39M. These trends signal strong demand and reduced sell pressure.

πŸ“Š Technical Analysis: Falling Wedge Formation
ETH is forming a falling wedge pattern on the 4-hour chart, a bullish setup. A breakout above $3,400 could lead to a 17% rally, targeting $4,000. Key support levels to watch are $3,057 and $3,132; a breakdown could trigger a drop to $2,657.

πŸ“’ Outlook
With rising network activity and $1B in whale accumulation, Ethereum's bullish setup suggests a rally to $4,000 is likely if support holds and a breakout occurs.

⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement. Participation in these promotions is entirely voluntary, and you should carefully review the terms and conditions before proceeding.
Image description

Image of Timescale

πŸš€ pgai Vectorizer: SQLAlchemy and LiteLLM Make Vector Search Simple

We built pgai Vectorizer to simplify embedding management for AI applicationsβ€”without needing a separate database or complex infrastructure. Since launch, developers have created over 3,000 vectorizers on Timescale Cloud, with many more self-hosted.

Read more β†’

Top comments (0)

Billboard image

The Next Generation Developer Platform

Coherence is the first Platform-as-a-Service you can control. Unlike "black-box" platforms that are opinionated about the infra you can deploy, Coherence is powered by CNC, the open-source IaC framework, which offers limitless customization.

Learn more

πŸ‘‹ Kindness is contagious

Please leave a ❀️ or a friendly comment on this post if you found it helpful!

Okay