BTC31011
07/08 13:25
According to Ali (@ali_charts), wallets holding between 10,000 and 100,000 ETH added around 200,000 ETH to their holdings over the weekend. That’s a serious vote of confidence from big-money players.
The accumulation was steady and deliberate, showing up on-chain just as Ethereum price dipped below $2,500 before bouncing back. Historically, this kind of whale behavior often precedes price rallies – not immediately, but within days or weeks. These addresses usually don’t chase price. They accumulate quietly, then wait.
Whales bought 200,000 Ethereum $ETH over the weekend! pic.twitter.com/QPOFXrHCrX— Ali (@ali_charts) July 8, 2025
So while ETH hasn’t exploded yet, smart money clearly thinks the current levels are worth loading up on.
The chart also outlines a falling wedge structure, which often leads to an upside breakout. Resistance is just ahead, but once ETH clears the $2,800–$3,000 zone, Patel believes it could head toward $3,400 and eventually $4,000.
All Comments0LatestHot
No records