Ethereum News Today: Ethereum Whales Absorb Selling Pressure as Short-Term Volatility Rises

In the past 30 days, Ethereum has shown resilience amid broad selling pressure, with a key on-chain analyst highlighting that large whale accounts have absorbed nearly all downward momentum in the market [3]. On-chain data indicates that while mid-tier ETH holders—those with balances between 100–10,000 ETH—have reduced their holdings, the mega whale segment—those holding more than 10,000 ETH—has significantly increased its position by 2.1 million ETH [1]. This activity has helped absorb selling pressure from smaller and mid-sized groups, stabilizing the price and preventing a more pronounced decline [1].

The shift in ownership dynamics reflects a broader trend of “de-retailization,” where retail selling has been countered by strategic accumulation from larger players. This trend has led to a more concentrated and healthier on-chain structure, according to the analyst [1]. Notably, Ethereum closed 21 out of the last 30 trading days in positive territory, reinforcing the notion that the asset is navigating through a period of consolidation and resilience [2].

Despite this, the analyst cautions that the short-term market environment is becoming increasingly volatile as positioning shifts from long-term to short-term strategies. This is evident in the divergence between Ethereum’s price and its realized profit (RP), where prices are moving higher while RP is lagging due to reduced turnover of high-profit long-term positions [1]. The analyst explains that this is a clear sign that the market is transitioning into a bull-bear game, where short-term price swings are likely to intensify [1]. Open interest (OI) reaching new highs further supports this dynamic, signaling increased speculative activity among traders [1].

The Ethereum 2x Flexible Leverage Index (ETH2X-FLI) has seen increased usage as traders seek to leverage bullish momentum without overexposure [5]. This aligns with broader discussions on trading platforms like Binance and Reddit, where sentiment appears to be shifting from fear to cautious optimism [6]. However, the analyst notes that while the medium to long-term outlook is bullish—provided macroeconomic conditions remain stable—short-term traders should remain cautious as positioning games may lead to unpredictable price swings [7].

According to the analyst’s forecast, continued whale accumulation and potential ETF inflows could signal the start of a more sustainable bullish phase [7]. However, the current structure suggests that the market is in a transitional phase, where short-term volatility is likely to persist until larger capital flows confirm a lasting trend [1].

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Source: [1] Analyst: ETH Whale Group Absorbed All Market Selling Pressure in Last 30 Days, but Short-Term Long/Short Game May Intensify (https://www.theblockbeats.info/en/flash/306615)

[2] https://www.facebook.com/groups/119537788704696/posts/172****684777357/

[3] https://www.instagram.com/p/DNFD5QUsNa_/

[4] https://www.binance.com/en/square/hashtag/sui

[5] https://www.bitget.com/price/eth-2x-flexible-leverage-index/price-prediction

[6] https://www.reddit.com/r/swingtrading/new/

[7] According to the analyst’s forecast