etherreum

Large investors bought Ethereum for $765 million to protect the position at $2000. The current value of Ethereum is $2068. At the same time, the asset is testing an important Fibonacci retracement level at $2055. Undoubtedly, the coin has been under the influence of two opposing market forces. Old holders are taking profits from previous investments. At the same time, the largest market participants are actively buying up the created supply. This strategy prevents a massive structural collapse of the exchange rate. The $2000 mark serves as a boundary between these trends. Therefore, the outcome of this confrontation will determine the further direction of the market's movement. Profit-taking by long-term investors. The HODL Waves chart from the analytical platform Glassnode reflects the behavior of holders with experience ranging from three to five years. The time frame covers the period from late December 2025 to March 26 of the current year. The share of this group remained stable within 14.2%–14.4% until the 20th of January. Then, a gradual decline in indicators began. The decline sharply accelerated in the right part of the chart. From March 21 to 26, the asset volume in the considered category decreased to 12.8%. The difference was almost 0.8% in just one week. In fact, this is the second-largest stage of coin distribution among this cohort for the entire year. Representatives of this group acquired cryptocurrency between 2021 and 2023. At that time, the market experienced both peaks around $5000 and deep lows. Many buyers at the peak price are still carrying unrealized losses. However, cycle participants in the downturn now have significant profits. Therefore, they consciously close positions at current prices. Such a retreat is not a panic sell-off. On the contrary, it is a methodical realization of income. Active accumulation of digital assets. Distribution data from Santiment illustrate the behavior of various categories of addresses. The statistics take into account wallets with balances from 10 thousand to 10 million coins. Since March 25, a clear shift in ownership structure has been observed. The group of medium holders sold about 370 thousand units of the asset in recent days. Contrary to expectations, this realization did not lead to significant pressure on quotes. Moreover, the two largest categories of investors have proportionally increased their balances. At the current price, the transfer of 370 thousand coins is equivalent to $765 million. These funds have moved from medium holders to the largest network participants. It is this dynamic that allows the price to stay above $2000. Institutions absorb the volumes that smaller players are getting rid of. As long as purchases continue to offset sellers' supply, a reliable fundamental barrier against further declines is forming. The daily chart shows trading at $2068. The nearest resistance is the 50-day exponential moving average at $2186. In addition, the Fibonacci retracement grid is built from a zero base of $1750 to a maximum of $3045. The $2055 zone has become the main arena of struggle since early March. Each session testing this boundary ended with a close above the line or subsequent recovery. Now the price is once again putting pressure on this support. Undoubtedly, the outcome of the current test will indicate the next target. Below $2055 is a horizontal support at $1928. It represents the last line of defense before a potential drop to $1838. The cancellation of the negative scenario requires a return above the $2244 mark. After that, the next target will be the level of $2397, and then $2550. At the same time, a sustainable move towards $2550 will require an acceleration of capital inflow from large funds. A weakening of pressure from sellers is also necessary. Ultimately, such a scenario will become likely only with the stabilization of the entire segment of digital currencies above the level of $2000.

In the volatile world of cryptocurrencies, it is often believed that "whales" and market insiders have perfect timing that never misses. But reality proves otherwise time and again, and even the most seasoned holders fall into the traps of emotional or strategic volatility. A recent prominent example is thomasg.eth, a wallet address considered one of the early whales (OG) in Ethereum – not a key developer on the core team, but an early investor who held assets worth around 537–538 million dollars at the peak of 2021 (ETH + WBTC + DAI). On March 3, 2026, this whale sold a large amount estimated at around 12,131 ETH at a price close to 1,998 dollars per ether, achieving liquidity of about 24.24 million dollars. This price represented a relatively local bottom at that time, amid an extended "crypto winter" and a sharp market decline. But just a few weeks later (in the week before March 23, 2026), the same address returned to buy aggressively: Total ETH purchases during the week: around 19.5 million dollars.