Ethereum News Today: Ethereum's Price Stalls as Whales and Firms Bet Big on Long-Term

Ethereum's 7-day net supply change surged by 18,262 ETH in the week ending November 13, 2025, reflecting renewed investor confidence amid broader crypto market recovery. The token traded at $3,533 as of 12:17 p.m. IST, up 2.36% over 24 hours, according to the Business Standard. This rebound followed the U.S. government shutdown resolution, which spurred inflows into risk-on assets and stabilized crypto markets after a period of volatility.

Whale activity further underscored Ethereum's appeal. A single whale accumulated $1.38 billion in ETH over the past 10 days, while holders with 10K–100K ETH increased their collective balance by 180K ETH in the same period. These moves were accompanied by leveraged borrowing, with the whale securing $270 million in loans via Aave to expand its position. Such accumulation suggests institutional and high-net-worth players are positioning for long-term value, despite the token's recent price weakness.

Ethereum's price action, however, remains constrained. The coin faced rejection at the 200-day exponential moving average (EMA) near $3,660, with Coinglass data showing $153.1 million in liquidations over 24 hours, led by long positions. Meanwhile, U.S. spot Ethereum ETFs recorded net outflows of $107.1 million on November 12, contrasting with $523.9 million in inflows for Bitcoin ETFs. This divergence highlights ongoing institutional preference for Bitcoin, though Ethereum's staking yields and network upgrades continue to attract capital.

Bit Digital Inc. (BTBT) emerged as a key player in Ethereum's growth narrative. The firm, which transitioned to an Ethereum-focused treasury and staking strategy in June 2025, reported a 542% year-over-year surge in staking revenue to $2.9 million in Q3. By October 31, 2025, Bit Digital held 153,547 ETH, valued at $590.5 million, with 132,480 ETH actively staked at a 3.05% annualized yield. The company also raised $150 million via convertible notes to purchase an additional 31,057 ETH, accelerating its shift away from Bitcoin mining. CEO Sam Tabar emphasized Ethereum's "zero downtime" as a critical advantage for institutional adoption.

The broader market environment also supported Ethereum's rally. The U.S. Energy Information Administration (EIA) projected declining crude oil prices, which historically correlate with lower gasoline costs and increased crypto risk appetite. Additionally, Tether's reported $1 billion investment in German robotics startup Neura signaled macro-level capital reallocation toward technology sectors.

Looking ahead, Ethereum's trajectory will depend on macroeconomic stability and institutional flows. While short-term resistance remains at the 200-day EMA, long-term buyers appear undeterred. As one analyst noted, "If a shutdown resolution releases $150–200 billion and yields ease, watch for ETF net inflows and broader breadth before scaling". With Ethereum's supply dynamics and strategic corporate moves aligning, the altcoin could see renewed momentum in the coming quarters.