Ethereum News Today: Ethereum Hits $1.34B Whale Buy as Cold Wallet Raises $6.3M in Presale

Ethereum has shown signs of a potential breakout following an estimated $1.34 billion accumulation over eight days, with a buyer acquiring 312,052 ETH through FalconX, Galaxy Digital, and BitGo [1]. The transaction underscores strong institutional interest, particularly as Ethereum (ETH) approaches key resistance levels near $4,324 and threatens a move toward $4,587. The RSI stands at 73, signaling overbought conditions, while reduced exchange liquidity and bullish whale activity offer further support for a rally [2]. If ETH breaks above the $4,324 threshold, it could mark a significant turning point in the market cycle.

Cardano (ADA) is also witnessing notable activity, with whale wallets acquiring 200 million ADA in just two days, valued at over $170 million [3]. The sudden accumulation has tightened supply and lifted the price toward $0.85, a level that has repeatedly resisted upward movement in the past. Analysts estimate a 75% probability of a U.S. Cardano ETF approval, which could catalyze further momentum [4]. Should bullish sentiment hold, ADA could test $1.50, representing a potential 76% rise from current levels.

Meanwhile, Cold Wallet (CWT) is gaining traction through its presale offering, having raised more than $6.3 million in a matter of weeks [5]. Over 745 million tokens have been sold since the initial Stage 1 price of $0.007, with Stage 17 currently priced at $0.00998. The project’s listing price of $0.3517 suggests a measurable upside for early investors. Cold Wallet’s advantage lies in its pre-built user base, including 2 million active users acquired through the Plus Wallet integration, eliminating the typical risk of low adoption [6]. The project’s cashback utility is already active, rewarding users with CWT tokens for every transaction, swap, and transfer, making it a functioning ecosystem before listing [7].

The rapid sale of tokens across each presale stage has significantly narrowed the potential ROI window, with the price moving closer to the listing level as demand outpaces supply. Unlike speculative projects that rely on future adoption, Cold Wallet enters the market with a ready user base and immediate utility, offering a faster path to value realization [8].

While Ethereum and Cardano remain at the mercy of external factors such as ETF developments and whale behavior, Cold Wallet provides a more predictable trajectory due to its built-in adoption and live cashback model [9]. As the presale continues to gain momentum, the opportunity to enter at lower stages is shrinking rapidly, making early participation increasingly valuable for potential investors.

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[1] Cold Wallet Sells 745M Tokens & Raises $6.3M in Weeks While ETH Gains $1.34B Whale Buys & ADA Targets $1.50! (https://coinmarketcap.com/community/articles/68a5e10b00db01532553fe76/)