Ethereum Near $4,300 After Dormant Whale Moves 58,938 ETH; Buyers May Offset Selling and Help Reclaim $4,500
The post Ethereum Near $4,300 After Dormant Whale Moves 58,938 ETH; Buyers May Offset Selling and Help Reclaim $4,500 appeared on BitcoinEthereumNews.com.
Ethereum price traded near $4,303 after a dormant whale moved 58,938 ETH, triggering mixed on-chain signals: selective long-term selling but stronger exchange outflows and momentum that favor buyers — ETH could retest $4,500 if accumulation continues. 58,938 ETH moved by a dormant wallet — 21,178 ETH sent to Bitfinex. Exchange outflows totaled ~89,200 ETH versus inflows of 79,450 ETH, signaling spot accumulation. Momentum metrics (DMI, RVGI) turned mildly supportive; key support sits at $4,078, resistance near $4,800. Meta description: Ethereum price near $4,303 after a dormant whale moved 58,938 ETH; buyers accumulating. Read on for levels, on-chain signals, and outlook. What is happening with Ethereum price and on-chain flows? Ethereum price hovered around $4,303 after a long-dormant whale moved 58,938 ETH, creating short-term volatility. Exchange flows and cohort data show selective profit-taking by long-term holders while net exchange outflows and momentum indicators point to accumulating buyers pushing toward a retest of $4,500. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Why did a dormant Ethereum whale move 58,938 ETH? A dormant wallet reactivated after roughly six years and transferred 58,938 ETH, according to on-chain tracking data from platforms cited in this report. Of that amount, 21,178 ETH landed on Bitfinex, indicating potential sell-side intent. This move represents concentrated profit-taking rather than mass liquidation. On-chain cohort metrics suggest this was a targeted exit by a long-term holder instead of a…
Filed under: News - @ September 7, 2025 10:18 pm