The price of Ether (ETH) closed below $3,000 every day on Tuesday. On the positive side, the information showed that enormous holders were buying throughout the decline. While the buildup of ETH whales signals growing confidence, conflicting indicators point to increasing market risk for the altcoin.
Key Takeaways:
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ETH whales and institutional investors bought over $130 million price of Ether as the worth closed below $3,000 on Tuesday.
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BitMine added greater than 92,500 ETH in January, highlighting the growing demand for staking income.
Whales bought the dip as ETH traded below $3,000
ETH fell 7.83% to $2,938 on Tuesday, marking its largest every day correction since November 4, 2025. Despite the decline, on-chain tracker Lookonchain reported ETH accumulation by whales and institutional investors.
According to the information, Trend Research borrowed $70 million (USDT) from Aave to buy 24,555 ETH price $75.5 million, bringing its total holdings to 651,310 ETH price $1.92 billion. Separately, an OTC whale address purchased 20,000 ETH, price $58.8 million, via FalconX and Wintermute.
The accumulation of ETH by institutional investors went beyond the trading desks. BitMine added 92,511 ETH price $268 million in January.
The ETH Treasury said it expects to grow to be the biggest Ethereum staking company once the planned 4.2 million ETH is fully staked, generating an estimated $367 million to $393 million in staking rewards per 12 months. The company added that it forecasts extra money revenue of $35 million to $40 million.
However, not all major capital flows were supportive. On Wednesday, BlackRock transferred 30,828 ETH price about $91 million to Coinbase Prime, raising concerns about potential sell-side volatility.
ETH breaks uptrend as downside liquidity comes into focus
From a technical perspective, ETH’s longer-term chart witnessed a bearish shift after closing below $3,000. The move also pushed the worth below the four-month control point near $3,100, the extent that saw the very best trading volume during that period, signaling that the market has lost its most accepted price range.
Ether one-day chart. Source: Cointelegraph/TradingView
The breakdown coincided with a bearish structural break (BOS), suggesting a continuation of the downtrend. Based on current liquidity clusters, ETH could eventually test external liquidity zones around $2,718 and $2,620.
In the last 24 hours, $287 million price of leveraged positions were liquidated, with long positions accounting for $257 million, highlighting the forced selling pressure.
Data from Hyblock reinforces the cautious mood. The whale versus retail delta has turned negative and has fallen to -6,480 for ETH, suggesting whales are reducing their long exposure or shorting more aggressively than retail traders. Such shifts preceded periods of increased short-term volatility.
On the opposite hand, 76% of retail traders are in long positions, indicating the potential of a price reversal near key swing lows.
ETH price, whale vs retail delta and real percentage of retail long positions. Source: Hyblock
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