Ethereum whales are making waves with major purchases, fueling optimism for a price breakout.
Key Highlights:
- 13 “Mega” Ethereum Whales Join the Network: Whales holding over 10,000 ETH each seized the opportunity during the recent price dip to $3,000.
- Donald Trump’s DeFi Project Buys Big: World Liberty Financial acquired 3,247 ETH worth $10 million, adding to its extensive crypto portfolio.
- ETH Analysts See $4,000 Breakout Potential: Experts predict Ethereum’s price could cross the $4,000 mark after breaking out of its current wedge pattern.
Whales Accumulate Ethereum Amid Market Dip
Ethereum’s price briefly plummeted to $3,000 on Monday, prompting strategic moves from crypto whales. According to crypto analyst Ali Martinez, 13 new “mega” whales—each holding more than 10,000 ETH—joined the network during this period of accumulation.
The sudden surge in large-scale buying suggests growing confidence in Ethereum’s long-term potential, despite recent volatility. The price rebounded to $3,200 by Tuesday, signaling recovery and optimism among investors.
Trump-Backed DeFi Project Expands Ethereum Holdings
Donald Trump’s DeFi venture, World Liberty Financial (WLF), capitalized on the dip by acquiring 3,247 ETH worth $10 million. This latest purchase brings WLF’s Ethereum holdings to a staggering 82,661 ETH, including 19,408 ETH staked via Lido Finance.
WLF’s broader crypto portfolio also includes assets like TRX, AAVE, LINK, ENA, and WBTC, totaling $370.4 million across 44 different holdings. Blockchain analytics firm Santiment noted:
“WLF appears poised to play a pivotal role in decentralized finance (DeFi), aligning with Trump’s vision of U.S. leadership in blockchain innovation.”
Path to $4,000: Is Ethereum Ready to Break Out?
Ethereum’s performance has lagged behind peers like Solana (SOL) and Cardano (ADA), struggling to breach the $4,000 resistance level. However, the recent whale activity and accumulation by major players like WLF could serve as a catalyst for the next rally.
Also read: Crypto Made Easy: Turn $100 into $1,000—A Beginner’s Guide!
Analysts are eyeing key technical patterns, including a potential head-and-shoulders formation above $4,000, which could ignite a bullish breakout. Ethereum’s current wedge formation indicates a period of consolidation, but any upward move could push the price into new highs.
With rising institutional interest and strong whale accumulation, Ethereum appears primed for a major rally. Will ETH finally break past the elusive $4,000 barrier? Investors are keeping a close watch.
