Ethereum ETF inflows show smart money buying despite short-term weakness.
\nWhales are reducing holdings while mid-sized sharks drive accumulation.
\nHeavy ETH liquidations are fueling bearish sentiment.<\/p>\n
Ethereum (ETH) finds itself at a critical juncture as price tests support near $3,800 after a sharp pullback from recent highs.<\/p>\n
Analysts are now weighing the technical damage against on-chain signals that point in different directions.<\/p>\n
Recently, the price of ETH slipped below $4,000 and is now trading around the mid-$3,800s.<\/p>\n
The 24-hour range shows intraday swings between $3,833.75 and $4,051.26, while analysts single out the $3,800\u2013$3,850 band as the immediate line of defence and $3,500\u2013$3,400 as deeper liquidity zones if sellers push further.<\/p>\n
Notably, the Ethereum price has fallen beneath the clustered 20, 50 and 100-EMAs, which currently sit roughly between $4,083 and $4,238 and now act as resistance.<\/p>\n
Momentum indicators have also weakened, with the four\u2011hour RSI sitting near 29, indicating oversold conditions that often precede short relief rallies.<\/p>\n
On-chain flow metrics show notable exchange inflows, with a recent spike of about $66.7 million moved onto spot venues.<\/p>\n
That movement coincided with ETH dropping below $4,000, and it signals that some holders are routing coins to exchanges to sell.<\/p>\n
Large wallets holding more than 100,000 ETH have trimmed positions sharply, a development many analysts interpret as increased selling by the largest holders.<\/p>\n
At the same time, mid\u2011sized entities \u2014 addresses holding between 10,000 and 100,000 ETH \u2014 are accumulating and taking a more prominent role in on\u2011chain ownership dynamics as highlighted by Joao Wedson.<\/p>\n
This transfer of supply from the very largest wallets toward a concentrated set of mid\u2011sized \u201csharks\u201d has nudged the Gini coefficient higher after months of decline, underscoring renewed ownership concentration among wealthier addresses.<\/p>\n
The number of Ethereum whales is dropping sharply \u2013 and the sharks are now in the game!<\/p>\n
It\u2019s the sharks (10k\u2013100k ETH holders) who have been accumulating and taking a larger share of the market.<\/p>\n
Meanwhile, the Gini coefficient has stopped falling and is starting to rise again,\u2026 pic.twitter.com\/Lk2E6saulJ<\/a><\/p>\n \u2014 Joao Wedson (@joao_wedson) September 24, 2025<\/a><\/p>\n\n While these movements are seen as dynamic by some, it is also viewed as a double\u2011edged sword by others since it reduces one class of outsized selling but increase concentration risk.<\/p>\n The Ethereum price correction has triggered heavy market liquidations, with roughly $409 million in Ethereum long positions liquidated.<\/p>\n Funding rates on ETH futures have also flashed negative recently, according to Coinglass data<\/a>, adding to the momentum behind short\u2011term selling.<\/p>\n Institutional flows, especially on the Ethereum ETFs front, also paint a mixed picture, with some funds recording large inflows while others see significant outflows.<\/p>\n Notably, over the recent week, more than $560 million reportedly moved into ETH\u2011linked funds, with BlackRock\u2011led products among the largest recipients, even as REX\u2011Osprey launched the first US staking Ether ETF.<\/p>\n Views among market commentators diverge sharply, and long\u2011term bulls like Ted Pillows argue that ETH could ultimately trend well above $10,000 this cycle, though he anticipates a short\u2011term revisit to the $3,600\u2013$3,800 area.<\/p>\n $ETH<\/a> is going above $10,000 this cycle.<\/p>\n But before that, a correction will happen, and right now, it’s happening.<\/p>\n I think ETH could drop towards the $3,600-$3,800 level before a reversal and a new ATH. pic.twitter.com\/Yy87rjHVAB<\/a><\/p>\n \u2014 Ted (@TedPillows) September 23, 2025<\/a><\/p>\n\n Most importantly, reclaiming the $4,083\u2013$4,330 zone would ease bearish pressure and could open a path back to $5,000.<\/p>\n Conversely, a failure to hold critical supports would expose lower bands at $3,162 and $2,874, while the 200\u2011day EMA sits as a structural defence near $3,350.<\/p>\n The post Ethereum price at crossroads, tests key support at $3,800 as analysts point at possible rebound<\/a> appeared first on CoinJournal<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Ethereum ETF inflows show smart money buying despite short-term weakness. Whales are reducing holdings while mid-sized sharks drive accumulation. Heavy ETH liquidations are fueling bearish sentiment. Ethereum (ETH) finds itself at a critical juncture as price tests support near $3,800 after a sharp pullback from recent highs. Analysts are now weighing the technical damage against […]<\/p>\n","protected":false},"author":0,"featured_media":4822,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[100],"tags":[],"class_list":{"0":"post-4821","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ethereum"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=4821"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4821\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/4822"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=4821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=4821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=4821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Liquidations spoil the party as ETFs see hyped inflows<\/h2>\n
Ethereum price forecast<\/h2>\n