- During the past week Ethereum wallets between 1,000 and 10,000 ETH showed decreased holdings of 130,000 ETH which highlights market movement trends.
- ETH maintained its price stability following whale outflows because its value increased from $1,924.3 to $1,937.78.
- Ethereum’s price movement demonstrates support at the level of $1,874.26 while facing resistance at $1,949.66.
Recent data analysis from Ali show that large Ethereum holders have moved over 130,000 ETH in the past week. The substantial change in ownership has influenced market elements most notably through its effects on Ethereum price activity as well as the distribution of ETH among wallets containing 1,000 to 10,000 ETH.
Ethereum Whales Reduce Holdings Amid Price Uptick
CryptoQuant data shows that Ethereum wallet holdings between 1,000 and 10,000 ETH decreased substantially. The total Ethereum holdings in whale wallets reached 12.876 million ETH on March 11, 2025.
By March 15th the Ethereum balance among whales diminished to 12.746 million ETH from its original value of 12.876 million ETH on March 11th. Whales seem to have transferred or repositioned their cryptocurrency assets while maybe signaling both a change in market feelings and future market adaptation.
The price of Ethereum exhibited fluctuation patterns while this market shift took place. The price recorded on March 11 reached $1,924.3. During March 15 the price slightly rose to $1,937.3 after large holders pulled funds from the system. The current market price trades at $1,937.78 while showing a 2.5% daily increase which indicates the market reacted well to the large wallet transactions.
Technical Indicators and Key Levels
A closer look at Ethereum’s price chart reveals key support and resistance levels.The current price trading zone shows a support of $1,874.26 with a resistance of $1,949.66 based on the 24-hour analysis. The $1,874 support shows robust buying pressure despite the resistance that exists at the $1,950 mark.
A drop in whale holdings indicates a potential transformation throughout the market since institutional and large investors modify their investment choices. Ethereum market resilience indicates that whale activity has affected its balance distribution but price stability remains consistent.
