Ether fell 3.3% to $3,331, with major support crashing on November 7, 2025. This was a major technical glitch that caused alarm among investors. traders due to the break below the 3,400 price zone.
Still, data about the chain showed an unexpected opposite phenomenon: large holders or whales accumulated almost 395,000 ETH, worth $1.37 billion, with the timing of the dip considered a good entry point rather than indicative of a further downturn.
Volume rose 145 percent above average during the crisis, and the sell-off erased recent gains as bearish momentum arrived with a roar. This increase in trading activity was driven by institutional-scale trading rather than retail panic, demonstrating heavy selling pressure at key price points.
Nevertheless, whales aggressively accumulated between $3,247 and $3,515, signaling long-term confidence in Ether’s growth prospects.
Stunning whale activity offsets sell-off
The buildup of whales disrupted the normal bearish narratives. Statistics indicated that such large investors took advantage of the opportunity to accumulate Ethereum at lower prices, a move that indicated they were betting that prices would return to their previous positions.
The largest whale, which has a history linked to Aave, alone bought 257,543 ETH, which is about $896 million, at an average cost of about 3,480.
Other participants, such as new wallets and institutional traders, also joined in the buying frenzy during the market correction
This divergence between the price drop and whale accumulation creates speculation about the possibility of an Ether price bottom in the near term.
The technical structure was damaged by lower highs and resistance at $3,415, but the whale buying signals that the market is gearing up for a possible recovery.
Network resilience amid price volatility
Simple indicators highlight Ethereum’s healthy activity despite price fluctuations. There was an all-time high with Ethereum network throughput of 24,192 transactions per second, showing continued resilience.
However, the number of active addresses has fallen by 24 percent since mid-August, indicating that user activity has declined slightly during the recession.
The market will be watching Ether to ensure that the next support level remains around 3,247 going forward.
A drop below USD 3,200 could lead to further losses, and an uptrend above USD 3,480 could be applied to reverse the recent negative trend. market trend.
The concentration of whales allows for a possible stabilization or recovery phase of prices after the recent technical setback.
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