Amid the constant decrease in ETHEREUM (ETH), the whales and their long -term holders have seized the opportunity to buy DIP. On March 21, 2025, the Series Analysis Company Santim She mentioned that during the continuous low prices, encryption fans accumulated the codes icons in ETH significantly, leaving only 8.97 million of ETH on exchanges, indicating a bullish trend.
Ethereum reserves drop to 8.97 million
This huge decrease in the exchange reserves for the first time in the past ten years, with reporting the last case in November 2015. However, the current reserve is 16.4 % less than it was seven weeks ago, indicating the potential accumulation of whales and their long -term holders.
Experts see these scales as bullish signs with a continued drop in prices, along with ETH Exchange reserves. Besides this significant decrease in reserves by 16.4 %, asset prices also decreased during the same period, which investors have seized as an opportunity to buy.
Current price momentum
ETHER is currently trading near $ 1960, as a price decreased by 0.50 % over the past 24 hours. During the same period, the trading volume decreased by 40 %, indicating a decrease in participation from traders and investors, and perhaps due to uncertainty in the market.
ETHEREUM (ETH) work and upcoming levels
Despite the low market morale and reduce participation from investors and traders, it appears that the current level of ETH is upward. Lack of a gathering not only due to negative feelings.
According to expert technical analysis, ETH is still upward, after recently separated from a long -term unification stage that lasted for more than a week. In the wake of the recent low prices, the original appears to have been successfully re -tested, and its price now appears to move up.
Based on the modern measures of historical prices and patterns, if ETHER is higher than the level of $ 1950, there is a strong possibility that can rise by 12 % to $ 2200 in the coming days.
At the time of the press, the original is traded much lower than the Si -moving average (EMA) on the daily time frame, hinting to a potential recovery of prices.
