Why Ethereum Price May Hold $4,000 Despite Big Player Dump Rumors

Ethereum price dropped to just under $4,140 this week, falling nearly 9.5% over the past seven days. Traders have been watching closely as selling pressure builds, but not all signs are bearish.

Despite the sharp correction, data suggest this might be the end of the dip, not the start of a deeper fall.

Big Player Selling, but Ethereum Price May Hold $4,030

There’s talk that Binance, one of the biggest crypto exchanges, is behind Ethereum’s price dump.

Some reports say the exchange continues to push ETH lower to wipe out traders using high leverage. This might sound strange, but it’s not the first time we’ve seen something like this.

Binance could be selling just enough to trigger long liquidations. These are price levels where leveraged buyers get forced out of the market. When that happens, their assets get sold off, which pushes the price even lower.

Some of the data shows that the last leg of the leveraged long liquidation level is around $4030. That could explain why the Ethereum price has been falling, but only up to a point.

Also, some smart traders are tracking the wallet flows tied to Binance. They’ve noticed some big withdrawals and sell activity right before every major ETH price dip. That makes these rumors feel a bit more real.

CMF Flashes Strength, Not Panic

Despite the Ethereum price drop, ETH’s Chaikin Money Flow (CMF) has not turned red. In fact, it’s still above zero. That means there’s more money flowing into Ethereum than out of it, even during this correction.

If CMF were below zero, it would mean traders were taking money out fast. But since CMF held above the line, we know that some large players quietly bought the dip.

It’s a sign that the sell pressure may not be as strong as the price suggests.

In fact, CMF has been curling up recently. That shows growing inflows, which often show up just before prices turn back up. So even though prices dropped, the market is not showing full panic yet.

This pattern validates the Ethereum price recovery narrative.

Institutions Keep Buying, ETF Flows Remain Solid

Some of the biggest institutions are still loading up on ETH. BlackRock, one of the world’s largest asset managers, hasn’t slowed down its buying.

Their ETH spot ETF saw more inflows. That’s not something you expect to see if big names are getting scared.

Most of the time, big buyers try to avoid buying at the top. If they’re buying now, they probably think the current levels are cheap. And when big names buy, it helps set a floor under the price.

Also, new reports say that BlackRock and other firms are not just holding; they’re stacking up more ETH quietly in cold wallets. That’s another clue that they might know something others don’t.

Ethereum Price Structure Holds… for Now

The ETH price has strong support around $4070 to $4030. That range also lines up with the last major long liquidation cluster on Binance.

If the Ethereum price drops under that, it clears out most of the leverage. After that, the price usually bounces back fast.

Also, traders are watching the $4070 level closely. ETH already touched it once and bounced. If it holds again, it might confirm the bottom. If buyers step in again, the price could move back to the $4400 or even higher range.

So even though the drop felt sharp, the Ethereum price structure still looks strong. The CMF, ETF inflows, and price action all suggest that this dip might end soon.