{"id":69876,"date":"2026-03-19T10:40:44","date_gmt":"2026-03-19T10:40:44","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ethereum-price-hovers-near-key-level-as-111m-whale-sparks-fresh-accumulation\/"},"modified":"2026-03-19T10:40:44","modified_gmt":"2026-03-19T10:40:44","slug":"ethereum-price-hovers-near-key-level-as-111m-whale-sparks-fresh-accumulation","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ethereum-price-hovers-near-key-level-as-111m-whale-sparks-fresh-accumulation\/","title":{"rendered":"Ethereum price hovers near key level as $111M whale sparks fresh accumulation"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/ethereum-price-trading-laptop-chart.jpg-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/ethereum-price-trading-laptop-chart.jpg-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/ethereum-price-trading-laptop-chart.jpg-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/ethereum-price-trading-laptop-chart.jpg-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Ethereum price was poised above the $2,150 level.<\/li>\n<li>Bulls were showing resilience as a whale re-accumulated $111 million worth of ETH.<\/li>\n<li>Another move above $2,000 could push prices towards the $2,500 resistance.<\/li>\n<\/ul>\n<p>A mysterious Ethereum whale has re-emerged after lying dormant for seven months, and just deployed over $111 million in USDT to accumulate ETH.<\/p>\n<p>The whale\u2019s move came as the ETH price hovered above $2,170 amid a broader slip for cryptocurrencies early Thursday.<\/p>\n<p>As Bitcoin revisited $70,000 support, Ethereum bounced off the crucial $2,150 level, with intraday volume up 39% at over $27 billion.<\/p>\n<h2>Ethereum whale spends $111 million to re-accumulate ETH<\/h2>\n<p>According to Lookonchain, a whale that exited Ethereum seven months ago as prices jumped towards $4,000 is back.<\/p>\n<p>The mysterious holder has spent 111.62 million USDT to buy 50,706 ETH, executing this fresh buy at an average price of $2,201 per token.<\/p>\n<p>On-chain data shows this purchase mirrors a sale exactly one year prior, when the same address offloaded 28,683 ETH at $3,892 each.<\/p>\n<p>That sale netted $111.62 million, and a re-cumulation worth this exact value highlights a classic \u201cbuy-low, sell-high\u201d move.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">A mysterious whale returned after 7 months of inactivity and spent 111.62M <a href=\"https:\/\/twitter.com\/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$USDT<\/a> to buy back 50,706 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> at an average price of $2,201. <\/p>\n<p>1 year ago, this whale sold 28,683 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> at an average price of $3,892 for 111.62M <a href=\"https:\/\/twitter.com\/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$USDT<\/a>.<\/p>\n<p>What a perfect buy-low-sell-high move!\u2026 <a href=\"https:\/\/t.co\/3F56jkgr2y\">pic.twitter.com\/3F56jkgr2y<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/2034435942564741491?ref_src=twsrc%5Etfw\">March 19, 2026<\/a><\/p>\n<\/blockquote>\n<p>Waking up after seven months\u00a0 also points to the whale\u2019s positioning amid a potential rebound, and mirrors conviction buys by entities such as Bitmine.<\/p>\n<p>The treasury firm, led by Fundstrat\u2019s Tom Lee, recently bought 60,999 ETH worth over $140.3 million and currently holds 4,595,562 ETH worth over $10.5 billion.<\/p>\n<p><span style=\"font-weight: 400;\">ETH\u2019s rebound above $2,000 coincided with the Ethereum Foundation depositing $7.88 million of the altcoin to Steakhouse, a DeFi asset manager with over a billion dollars in AUM. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The EF currently holds over $400 million of ETH.<\/span><\/p>\n<h2>Can ETH hold gains above $2,150?<\/h2>\n<p>Ethereum\u2019s price rose to highs of $2,386 on Monday, riding a bullish flip that pushed Bitcoin to $76,000.<\/p>\n<p>However, the current price hovers near $2,170, testing support amid Bitcoin\u2019s fresh retest of support around $70,000.<\/p>\n<p>As noted, top coins are retreating as risk assets grapple with global economic headwinds. Inflation and escalating Middle East tensions stand out as key short-term headwinds.<\/p>\n<p>Meanwhile, the technical picture shows ETH hovering near a key support level on the daily chart.<\/p>\n<p>The $2,100 mark currently acts as a pivotal support zone and aligns with a rising trendline.<\/p>\n<p>Prices also track the 50-day exponential moving average, currently acting as resistance near $2,215. This is the hurdle bulls need to surmount for potential upside continuation.<\/p>\n<figure id=\"attachment_363605\" aria-describedby=\"caption-attachment-363605\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-363605\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/03\/ethereum-eth-price-chart.png\" alt=\"Ethereum Price Chart\" width=\"1057\" height=\"613\"\/><figcaption id=\"caption-attachment-363605\" class=\"wp-caption-text\">Ethereum price chart by TradingView<\/figcaption><\/figure>\n<p>If support holds firm above the aforementioned level, the next target <a href=\"https:\/\/coinjournal.net\/news\/ethereum-price-prediction-2500-in-focus-as-oi-spike-amid-vitaliks-calls-for-scaling\/\">remains $2,400-$2,500<\/a>. Per the daily chart, the 100 EMA sits at the $2,500 mark.<\/p>\n<p>A breakdown from current levels could allow bears to target $2,000 or lower. Cycle lows near $1,800 offer a robust demand reload zone.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/ethereum-price-hovers-near-key-level-as-111m-whale-sparks-fresh-accumulation\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Ethereum price was poised above the $2,150 level. Bulls were showing resilience as a whale re-accumulated $111 million worth of ETH. Another move above $2,000 could push prices towards the $2,500 resistance. A mysterious Ethereum whale has re-emerged after lying dormant [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":69877,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/69876"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=69876"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/69876\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/69877"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=69876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=69876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=69876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}