Ethereum Whales Buy the Dip Eyeing Quick ETH Price Rally to $4000

Ethereum whales have turned active once again as the ETH price dipped all the way to $3,100 levels. The massive withdrawals from the crypto exchange Binance show that big players are confident of ETH’s future rally despite recent volatility. This sets the stage for a quick bounce back to $4,000, which has served as a strong resistance. Analysts believe that once ETH crossed $4,000, new all-time highs past $5,000 will come in no time.

Ethereum Whales Turn Active Buying the Dips

Following yesterday’s crypto market crash, there’s a brief recovery amid significant Ethereum (ETH) accumulation by whales amid the current ETH price dips. Blockchain analytics platform Lookonchain reported that ten newly created wallets collectively withdrew 17,698 ETH, valued at approximately $61.66 million, from Binance.

The activity by Ethereum whales underscores renewed interest from large investors, who appear to be capitalizing on the market’s recovery momentum. On the other hand, Donald Trump’s DeFi Project World Liberty Financial has continued its ETH buying spree, spending a total of 2.5 million USDC stablecoin to acquire an additional 759 ETH.

To date, World Liberty has purchased 9,587 ETH, valued at $35 million, with $3,651 as an average acquisition price per ETH. Despite market fluctuations, the entity has reduced its unrealized loss on ETH holdings to $3.4 million, reflecting a narrowing deficit as prices recover.

The good thing is that spot Ethereum ETFs have also seen inflows resuming on Friday, as institutional players jumped in to buy the dips.

ETH Price Bounce Back to $4,000 Soon?

On Friday, the ETH price touched a low of $3098 before bouncing back once again amid Ethereum whale accumulation. As of press time, the Ethereum price is trading at $3,480 levels with its daily trading volume above $61 billion. As per the Coinglass data, the 24-hour liquidations have soared to $170 million amid the current price volatility.

For now, the immediate resistance is $3,500 for Ethereum, crossing which it could bounce to $4,000. Crypto market analysts remain bullish despite this current turbulence in ETH. Market analyst Crypto Patel expects ETH price to surge to $8,000-$10,000 level. He wrote:

“I’m buying every $ETH dip, no matter how much it drops. Just holding strong and stacking up. Ethereum hasn’t hit its new all-time high yet, but it’s only a matter of time. Staying patient and ready for the rise! Still telling you my ETH Target is $8000-$10k”.

Another crypto analyst venturefounder noted that Ethereum is still on track to new all-time highs in 2025, supported by whale buying. The analyst compared the current four-year cycle (2021–2024) to the previous one (2016–2020), highlighting striking similarities. According to the analysis, Ethereum’s performance in the year following a Bitcoin halving—such as 2017 and 2021—has historically marked significant growth phases. Previously, venturefounder gave an ETH price target of over $15,000 by May 2025.

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Bhushan Akolkar

Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.