Ether Lee is attracting attention once again as institutional demand and whale accumulation continues to form the market, even if they have recently faced modifications. Despite the price retrospect that introduced uncertainty, a wider trend shows that large investors are steadily rotating capital into ETH. The headline for whales that transfer significant amounts of funds to accumulate Ether Lee Rium has strengthened the view that ETH remains the cornerstone of the market next stage.
One of the most notable players in this trend is a large -scale Bitcoin OG wallet that repeatedly caught the analyst's attention. According to lookonchain, the whale sold 2,000 BTCs more, worth about $ 225 million, and immediately purchased 48,942 ETHs (215m) in the last four hours. This aggressive movement is already added to a significant position, reflecting the decisive capital rotation strategy from Bitcoin to Etherrium.
This transaction emphasizes that the trust between whales and institutions is increasing due to the long -term value of Ether Leeum as the network activities and adoption are solid. Short -term volatility continues, but these massive movements refer to deeper basic trends. As a major alternative to Bitcoin, Ether Leeum's role is being strengthened and the market is preparing for the next stage.
Whale accumulation causes Ether Leeum guess.
According to lookonchain, Bitcoin OG investors have now accumulated an amazing 886,371 ETH of about $ 4 billion. This large -scale accumulation has become one of the most discussed developments in the encryption market, and for the next few months, there has been intense speculation of Ether Lee's trajectory. Many analysts see this as a clear example of “smart money positioning”, and whales and institutions treat Ether Lee as an alternative to Bitcoin in more and more capital rotation.
Such a purchase size suggests more than just a guess. Large players are especially confident in Ethereum's long -term role, especially considering the dominance of Defi, Stablecoins and Network. This whale shows a conviction of the ability to create a yield of Ether Lee by securing a network of many of these possessions, and emphasizes the usefulness of ETH beyond the price speculation.
But the risk remains. Bitcoin struggled to maintain the uptrend, and uncertainty over the ability to restore the driving force is heavily weighted on a wider market. At the same time, some Altcoin faces steep corrections, emphasizing the vulnerability of emotions in this stage.
Test support during integration
Ether Lee (ETH) is currently trading at $ 4,414 after attempts to exceed $ 4,500. The chart shows that ETH is trapped in an integrated stage that forms a range sideways from mid -August. Despite its recent volatility, ETH is an important support that continues to attract buyers in the deep, exceeding the 200 -day SMA, which is nearly $ 4,220.
The 50 -day SMA, which is about $ 4,460, is currently a dynamic resistance to prevent the rising exercise. Each rejection of this area emphasizes the market hesitation while the trader is waiting for the direction. If the ETH is over $ 4,400, the promotion of $ 4,600- $ 4,800 still remains. But decomposition of less than $ 4,300 can cause more disadvantages to the $ 4,200 support area.
Momentum indicators suggest the cooling stage after Ether Leeum's strong rally in July and early August. The price compression shows that the market is preparing for the next important movement. Basically, warm chain data, which shows whale accumulation and contraction exchange stores, continues to support long -term prospects.
DALL-E's main image, TradingView chart
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