Ethereum Whale Holdings Surge 0.75% Amid Tariff Pause

Crypto markets are witnessing a surge in whale activity, particularly in Ethereum, as investors react to a recent tariff pause. Ethereum whale holdings have reached their highest levels since September 2023, indicating a potential shift in investor sentiment. The resurgence in whale interests reflects growing bullish momentum within the crypto community.

The crypto market is experiencing renewed interest in Ethereum (ETH) following the announcement of a 90-day tariff pause. This major geopolitical move has resulted in a surge of investor confidence, particularly among large ETH holders. On-chain analytics reveal a significant uptick in whale activity. The number of addresses holding between 1,000 and 10,000 ETH has risen from 5,376 to 5,417 between April 9 and 10—marking the highest level of whale accumulation since September 2023.

If Ethereum continues to gain momentum, it may challenge key resistance levels, targeting $1,749, with potential rallies extending toward $1,954 and $2,104. However, the looming macroeconomic uncertainties could impact its trajectory. Should there be a reversal in sentiment, a retest of the support zone at $1,412 is probable. A failure to hold this level could lead to a deeper correction, possibly touching prices around $1,200 or even $1,000. Some analysts have voiced concerns over Ethereum’s structural strength, likening its current challenges to Nokia’s historical decline amidst disruptive competition.

The recent surge in whale activity across Ethereum signifies renewed optimism among investors. As the market reacts to geopolitical developments, these assets illustrate different narratives—from structural strength to the attraction of real-world assets. Investors should remain vigilant, monitoring resistance levels and macroeconomic factors that could influence future price movements.