Ethereum whales signal potential 25% price rally
Ether token may rally by around 25% in the coming months as large whale wallets holding over 100,000 ETH return to a profitable position.
The shift marks the first time since early February that this cohort is no longer in aggregate losses, a signal that has historically preceded upward price trends.
Past cycles show ETH gained დაახლოებით 25% over three months and 50% over six months after similar whale profitability flips.
On-chain analyst CW said such transitions into a “profitable state” often mark the beginning of sustained uptrends as selling pressure from large holders declines.
Additional data from Glassnode shows ETH rebounding from undervalued levels, with a key recovery threshold near $2,353 and upside targets around $2,640 if momentum holds.
Technical indicators also support the bullish case, with ETH breaking out of an ascending triangle pattern and potentially targeting $2,625 or higher if support levels remain intact.
However, failure to sustain momentum could see ETH retest lower support zones between $1,950 and $2,000, highlighting ongoing downside risks despite improving sentiment.
At the time of reporting, Ethereum price was $2,087.47.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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