The post Ethereum Faces Selling Pressure as Whale Activity Surges, Raising Questions About Future Price Trends appeared on BitcoinEthereumNews.com.

Ethereum faces intensified selling pressure as whale activity surges, raising concerns over potential price declines. ETH was facing strong selling pressure as prices retrace from a recent high. Ethereum whales offloaded 5,677.7 ETH tokens worth $14.03 million. After market recovery, Ethereum [ETH] prices surged from a low of $1.7k to a local high of $2.6k. However, since hitting these levels, the altcoin has retraced, recording three consecutive days of losses. In fact, at press time, Ethereum was trading at $2457. This marked a 3.97% decline on daily charts. With ETH starting to decline, the question is what’s pushing prices down? Ethereum’s selling activity soars COINOTAG’s analysis highlights strong profit realization among Ethereum investors. After being underwater for two months, they are now aggressively taking profits. The trend is especially noticeable among Ethereum whales, with OnChainLens reporting significant sell-offs. One whale withdrew 4,677.7 WETH from Aave V3 and sold it for 11.52 million USDC at $2,463 per ETH. This whale originally bought the ETH tokens a month ago for $6.8 million USDC, securing a $4.717 million profit. Another whale deposited 1,000 ETH worth $2.51 million into Kraken after holding it for four years. Initially, this whale had withdrawn and received 2,693 ETH worth $5.7 million from Binance US, Coinbase, and a Tornado Cash wallet. After the recent transaction, the whale still holds 1,693 ETH valued at $4.13 million. Source: IntoTheBlock Selling activity appears widespread among Ethereum’s large holders. The Large Holders Netflow to Exchange Netflow Ratio dropped to 10% when ETH reached $2.5K. As prices declined, large holders resumed selling, pushing whale exchange flow up to 19%. This marks a 9% increase in whale-to-exchange activity in the past day, signaling intensified selling pressure. Source: CryptoQuant With whales turning to selling, it seems most market participants, even retailers, and sharks are selling.…

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Filed under: News - @ May 13, 2025 5:23 pm