Ethereum’s price rally is facing notable headwinds as whales offload massive amounts of ETH into the market. While the cryptocurrency has shown recent signs of bullish momentum, the actions of large holders may dampen its rise in the short term. Here’s everything you need to know about the current market dynamics and what it means for Ethereum investors.
Whale Activity Adds Selling Pressure
As Ethereum’s price recently surged past $3,265, wallets holding between 100,000 and 1 million ETH collectively sold around 300,000 ETH over the last three days. This amounts to over $970 million in sales, significantly increasing supply pressure.
Whales typically sell during bullish breakouts to secure profits, and their large transactions can slow price momentum. Although this doesn’t guarantee a price reversal, the sheer volume of ETH sold introduces near-term risks for buyers, especially if other demand cohorts fail to absorb the additional supply.
Long-Term Holders Provide Stability
Amid whale selling, long-term Ethereum holders are displaying strong conviction. The “Liveliness” metric, which tracks whether long-held coins are being moved or kept dormant, has dropped sharply since late December 2025. This metric suggests that long-term investors are opting to hold their ETH rather than sell, demonstrating confidence in Ethereum’s long-term value.
The consistent behavior of these long-term holders could stabilize Ethereum’s price and offset some of the supply increases caused by whale activity. Their support often reduces market volatility and provides a solid foundation for sustained rallies.
Price Outlook for Ethereum
At the time of writing, Ethereum’s price stands at $3,265, having confirmed a bullish breakout from a two-month descending wedge pattern. This breakout signals the potential for a move toward $4,061, representing a potential 29.5% upside. However, for this rally to materialize, Ethereum must maintain key support levels and see reduced selling activity.
In the short-term, Ethereum could rise to $3,447 if it successfully secures $3,287 as support. Holding this level would confirm the breakout’s strength and act as a launchpad for future gains beyond the $3,600 range. On the downside, if whale selling intensifies, Ethereum risks falling below $3,131, which could invalidate the bullish thesis and trigger a corrective phase toward $3,000 or $2,902.
Suggestions for Ethereum Enthusiasts
Keeping track of whale activity and support levels is crucial for those investing in or trading Ethereum. For those looking to maximize their ETH holding, consider a trusted crypto wallet to safely store your coins. The Ledger Nano X is one of the most reliable hardware wallets for Ethereum and offers enhanced security for your assets.
Final Thoughts
Ethereum’s market momentum is in a delicate balance. While the technical structure suggests bullish potential, whale selling could cap immediate upside. However, long-term holders evoke confidence in the cryptocurrency’s overall trajectory. As always, investors should keep an eye on market dynamics and consider conducting thorough research before making any financial decisions.
Disclaimer: Cryptocurrency investments are highly volatile and involve risks. Always consult with a professional before committing funds to a financial asset. This article is for informational purposes only and does not constitute financial advice.
