Is Ethereum Price Set for a rebound as Accumulation Intensifies?

Ethereum price is showing signs of resilience after recent turbulence, with renewed attention on whale activity and exchange outflows. The asset has faced notable volatility in recent weeks, yet the recovery attempts from critical zones have raised optimism. Meanwhile, large investors continue to accumulate, and significant amounts of ETH are leaving exchanges, reflecting shifting dynamics in market sentiment.

ETH Price Stabilizes After $931 Loss, Demand Zone Sparks Recovery

The current Ethereum market price trades at $3,896, showing signs of resilience after a sharp retracement. On 25th September, ETH slipped below the ascending channel around the $4,500 zone, signaling a shift in short-term structure. 

This move triggered selling pressure that dragged the asset nearly 20% lower, with losses stretching to about $931 from its recent highs. However, the decline was halted near a key support area, where buyers stepped in to prevent deeper downside. 

From this zone, Ethereum has started to rebound, highlighting the importance of demand clusters in shaping its next leg. A potential retest of the $4,800 level remains within reach if bullish pressure continues to build. 

Meanwhile, short-term fluctuations continue to dominate, though the broader view still hints at recovery. In this context, the long-term Ethereum price prediction maintains a constructive tone, suggesting that present weakness could ultimately feed into future gains.

Ethereum price action Ethereum price action
ETH/USD 1-Day Chart (Source: TradingView)

Whales Accumulate $1.6B ETH as Outflows Hit $622M in a Week

Whale activity has become increasingly visible, with 15 wallets acquiring more than 406,000 ETH in just two days as reported by Lookonchain. This substantial accumulation, valued at approximately $1.6 billion, underscores confidence among large players despite recent pullbacks. Such aggressive moves have often preceded notable upswings in market cycles.

At the same time, weekly outflows from exchanges reached $622 million, marking a significant acceleration compared to previous periods, according to CoinGlass. This reduction in available ETH supply on trading platforms has historically aligned with stronger recoveries. The magnitude of these outflows emphasizes how investor preference is shifting toward self-custody and long-term holding.

Ethereum Netflows (Source: CoinGlass)

Combined, whale accumulation and declining exchange balances form a powerful narrative of conviction. As these dynamics unfold, they strengthen the case that Ethereum is setting the stage for another attempt higher. Market participants appear to be positioning ahead of what could become a broader rebound.

Conclusively, Ethereum has stabilized after its breakdown from the ascending channel, with a key rebound already underway. Demand near the $3,800 zone has proven critical, stopping the recent decline and offering a base for recovery. The alignment of whale accumulation and shrinking supply from exchanges only reinforces this outlook. While risks remain present, the larger trend points toward gradual rebuilding of confidence.

Source: https://coingape.com/markets/is-ethereum-price-set-for-a-rebound-as-whale-accumulation-intensifies/