{"id":51055,"date":"2026-07-29T13:07:24","date_gmt":"2026-07-29T13:07:24","guid":{"rendered":"https:\/\/cryptd.in\/ethereum-hit-by-heavy-whale-selling-where-could-eth-go-next\/"},"modified":"2026-07-29T13:07:24","modified_gmt":"2026-07-29T13:07:24","slug":"ethereum-hit-by-heavy-whale-selling-where-could-eth-go-next","status":"publish","type":"post","link":"https:\/\/cryptd.in\/et\/ethereum-hit-by-heavy-whale-selling-where-could-eth-go-next\/","title":{"rendered":"Ethereum Hit by Heavy Whale Selling: Where Could ETH Go Next?"},"content":{"rendered":"

Large investors have seemingly decided to offload a substantial amount of ETH, raising concerns among some analysts that the asset could be gearing up for fresh bearish momentum.<\/p>\n

At the same time, the optimists are just as vocal, forecasting a powerful move north in the near future.<\/p>\n

The Whales\u2019 Latest Move<\/h2>\n

Ali Martinez selgus<\/a> that this group of market participants has sold or redistributed 226,435 ETH over the last 24 hours, marking one of the largest spikes in whale activity recently. At current rates, the stash is worth roughly $430 million, and these investors now control 26.64 million coins, about 22% of the asset\u2019s circulating supply.<\/p>\n

Such sell-offs from whales are usually viewed as concerning factors that could spread panic across the community and prompt smaller players to cash out, too. In line with the warning, Martinez said he is paying close attention to the $1,773 level, claiming that a breakdown below could \u201cput the current bullish outlook on hold.\u201d<\/p>\n

Another analyst who outlined a rather pessimistic prediction is X user Crypto Lens. They think<\/a> that ETH is stuck at the $1,860-$1,955 range for a reason, suggesting that the real bull trap is just getting started. In their view, the price may jump as high as $2,000, but shortly after, it might collapse to its final bottom test in the $1,400-$900 zone.<\/p>\n

\n

\u201cThere\u2019s a chance we\u2019ll wick a candle to update the 2022 minimum and sweep liquidity. I see a lot of hate toward Ethereum \u2013 this is done to disillusion the crowd. After that, whales will pump positivity around ETH when the price hits a new ATH,\u201d the analyst concluded.<\/p>\n<\/blockquote>\n

The Bullish Targets<\/h2>\n

Martinez has been quite indecisive about ETH lately, and earlier this week he was optimistic about an upcoming rally. He spotted<\/a> the formation of a golden cross on the asset\u2019s price chart, outlining the $1,980-$2,080 range as the first major resistance zone.<\/p>\n

\n

\u201cIf bulls manage to clear it, the next key level I\u2019m watching for ETH sits at $2,773,\u201d he said at the time.<\/p>\n<\/blockquote>\n

MikybullCrypto and Gordon have also shared bullish predictions. The former described<\/a> ETH as \u201cone of the best plays right now\u201d and projected a 5x move from current levels. The latter claimed<\/a> that once the price breaks above $2K, \u201cthere\u2019ll be no looking back.\u201d<\/p>\n

The most optimistic forecast came from CrediBULL Crypto, who believes<\/a> that ETH is about to finish a multi-year base against BTC and is headed toward an all-time high of $20,000.<\/p>\n

The amount of ETH stored on crypto exchanges adds weight to the positive scenario. Today (July 29), the figure fell to a new 10-year low of 15.13 million coins, suggesting that investors continue to abandon centralized platforms in favor of self-custody. This, in turn, reduces immediate selling pressure.<\/p>\n

\"ETH<\/a>
ETH Exchange Reserve, Source: CryptoQuant<\/figcaption><\/figure>\n

Postitus Ethereum Hit by Heavy Whale Selling: Where Could ETH Go Next?<\/a> ilmus esimesena veebilehel CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Large investors have seemingly decided to offload a substantial amount of ETH, raising concerns among some analysts that the asset could be gearing up for fresh bearish momentum. At the same time, the optimists are just as vocal, forecasting a powerful move north in the near future. The Whales\u2019 Latest Move Ali Martinez revealed that […]<\/p>\n","protected":false},"author":1,"featured_media":51057,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-51055","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"\nEthereum Hit by Heavy Whale Selling: Where Could ETH Go Next? - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/et\/ethereum-hit-by-heavy-whale-selling-where-could-eth-go-next\/\" \/>\n<meta property=\"og:locale\" content=\"et_EE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Hit by Heavy Whale Selling: Where Could ETH Go Next? - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Large investors have seemingly decided to offload a substantial amount of ETH, raising concerns among some analysts that the asset could be gearing up for fresh bearish momentum. 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