ETH Whales Buy the Dip as Charts Flash $2,250 Next

Source: CryptoNewsNet Original Title: ETH Whales Buy the Dip as Charts Flash $2,250 Next Original Link: https://cryptonews.net/news/ethereum/32311980/

Ethereum Whales Accumulate as Market Slides

Large holders and institutions increased Ethereum exposure during the market downturn, according to on-chain data. The activity showed sizable borrowing and over-the-counter purchases despite broader price pressure.

Trend Research borrowed 70 million USDT from Aave and used the funds to buy 24,555 ETH, valued at about $75.5 million at the time of the transaction. Following the purchase, the firm’s total Ethereum holdings reached 651,310 ETH, worth roughly $1.92 billion based on prevailing market prices.

At the same time, an identified OTC whale wallet acquired 20,000 ETH valued at about $58.8 million. The transaction moved through institutional trading desks, signaling continued demand from large buyers using off-exchange liquidity channels.

Technical Analysis Points to $2,250–$2,260 Zone After Sharp ETH Selloff

Ethereum’s decline on the daily chart strengthened a downside forecast that targets the $2,250 to $2,260 area. The latest drop added weight to the view that price action has started a move toward that lower zone after Ethereum failed to sustain a recent rebound.

ETH traded near $2,941 at the time of analysis, after sliding below a rising support line that had guided the bounce from December into early 2026. The move also kept price capped below a highlighted resistance band near $3,350 to $3,548, marked around the 50% to 61.8% retracement region.

The projection mapped several downside levels, with a mid area near $2,626 and a deeper target cluster around $2,258 to $2,260. The chart also showed a lower extension level near $1,820 as a more distant reference if selling pressure extends beyond the $2,250 area.