Ethereum Whales Are Buying the Dip — Is a Massive Bullish Reversal Coming for ETH? 

Ethereum’s price dropped sharply on Monday, trading as low as $1,417, as escalating trade tensions under Donald Trump’s policies continued to rattle global financial markets.

However, ETH is showing signs of a potential bottom and imminent bullish reversal as it nears key support levels. 

Moreover, whales are buying the dip, with the Ethereum price rebounding 11% to $1580 at press time. 

Whales Are Buying The Ethereum Dip

On-chain data from Lookonchain and Arkham Intelligence reveals that whales are capitalizing on the Black Monday crypto crash by scooping up Ethereum at a discount.

Two major wallets collectively purchased nearly $24 million worth of ETH during the recent dip. Notably, one whale has accumulated over $53 million in Ethereum since February 11, while the other has added nearly $38 million worth of ETH in the same period—signaling strong conviction among deep-pocketed investors.

Thanks to the whale buying activity, Ethereum has rallied back above $1,500 — trading at $1,580 at press time. 

Is The Bottom In For ETH?

The Ethereum price is currently in the confluence of several key support levels, suggesting that a bottom could be near. 

For example, Ethereum formed a clearly defined double top around the $4,080 level—an extremely bearish pattern that triggered a four-month downtrend. 

However, the price has now fully retraced its previous upside move, revisiting the key support zone near $1,530. With the double-top breakdown potentially complete, Ethereum may be poised to begin its next bullish leg.

Furthermore, its weekly Relative Strength Index (RSI-14) is now at 31, extremely close to the 29.91 mark that historically triggers a bullish reversal in Ethereum. 

Prominent analyst Benjamin Cowen is now also signalling that ETH has reached its fair value price, as indicated by the midline of its long-term logarithmic band. 

As a result, an increase in whale buying activity at the current prices isn’t surprising. 

Ethereum Price Prediction — How High Can It Go In 2025?

The Ethereum bull run hasn’t even started yet. In the previous cycles, the ETH rally picked up pace after the Federal Reserve ended its quantitative tightening, which the central bank hasn’t done yet. 

The soaring global liquidity — as indicated by the rapidly growing Global M2 money supply — also suggests that crypto prices will likely go parabolic again in 2025. 

The aforementioned popular analyst Benjamin Cowen has used the Butterfly Harmonics pattern to predict that the Ethereum price could peak anywhere between $5,600 – $7,000 once the Fed pivots dovish. 

This makes ETH one of the best cryptos to buy now. 

Best Cryptos To Buy Now Besides Ethereum

Sidelined investors should follow savvy investors’ tactic of using beta bets to capture outsized returns. 

For example, Pepe serves as a high-beta proxy for Ethereum — it tends to follow ETH’s price direction but with amplified volatility and larger percentage moves.

Meanwhile, Pepe’s bullish moves are accompanied by strong rallies in smaller frog meme coins. Whales are also buying low-cap gems like MIND of Pepe (MIND), which has already raised nearly $8 million in its presale in short order. 

MIND fills a large gap in the Ethereum ecosystem. It is one of the few prominent AI agent coins built on the Ethereum blockchain. While SOL holders benefitted tremendously during the last AI meme coin rally, ETH maxis remain largely sidelined. 

Moreover, its cutting-edge design means that MIND holders could get a competitive edge in the upcoming bull market. MoP uses advanced AI algorithms to deliver alpha market tips to all token holders, as well as discounted access to meme coins that it creates itself. 

Owing to its unique value proposition, several prominent investors are even calling it the next 100x crypto. 

Visit MIND of Pepe Presale