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ETHEREUM whale accumulated $ 39 million of ETH during a sale on the acute market that resulted in American air strikes on Iran.
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Ethereum Mega-Whales added more than 116,000 ETH on June 21, indicating a strong feeling of purchase.
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Technical patterns indicate that ETH can recover by 25 % about $ 2,735 in the short term.
The high -value ETHEREUM trader accumulated on the high value tens of millions of dollars from the ether (ETH), challenging a shrinkage in the broader market caused by the escalating Middle East tensions and new signs of aversion to risk.
The sharp drop of ether failure to intimidate the whales
The wallet address is 0x7355 … 213 bought approximately 9400 ETH (about 39 million dollars) via main slides on June 22, which strengthens the total number of Ether’s holdings to $ 330 million.
It has been purchased even with the appearance of the ether as one of the worst cryptocurrencies over the past 24 hours.
The ETH price has decreased by approximately 12.80 % over the past 24 hours to reach a decrease of $ 2,155. The performance of the highly high encryption, Bitcoin (BTC), which lost about 4.70 % in the same period.
This negative step came when the markets digested reports of a direct American military strike on Iran, which represents a major escalation in the ongoing conflict in Israel and Iran, which started with the “RISing Lion operation” of Israel on June 13.
The ETH whale is actively accumulating and spreading it through a liquid sound protocol despite the Habbudian background.
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The timing and scale of purchases indicates that the whale is seen as a “purchase of dipping” in the long run instead of the cause of panic.
Glassnode data, which follows the wider estate patterns, indicates that there are similar feelings in the upward direction.
The ETHEREUM governor, which owns 10,000 ETH or more of its net positions, increased the day the United States fired air strikes on Iran and the days before.
On June 21, this huge era increased more than 116,893 ETH, at a value of $ 265.30 million, indicating that they are looking at a decrease as the opportunity to buy, and not to serve as an operator.
Ethereum looks forward to a 25 % reversion
The ether maintains the main rising trend line that may lead to a strong bounce in the coming days, according to the market analyst Sensei.
The reversal of the same support level led to an increase of 55 % in April 2025. If the pattern is operated, the ETH can toward the resistance level of $ 2735 in the short term, an increase of about 25 % of the current price levels.
This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.
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