Ethereum Whale stacks $ 39 million in Eth despite the ether that falls harder than bitcoin

Main to remember::

• An Ethereum whale has accumulated $ 39 million in ETH during a net market sale launched by US air strikes on Iran.

• Ethereum Mega-Whales added more than 116,000 ETH on June 21, signaling a strong feeling of purchase.

• Technical models suggest that ETH could bounce 25% to $ 2,735 in the short term.

An Ethereum trader with high net value has accumulated tens of millions of dollars in ether (Ethn), Defying a wider market slowdown triggered by the climbing of the tensions of the Middle East and new signs of risk aversion.

The clear fall of ether does not terrify the whales

The 0x7355 portfolio address … 213 bought approximately 9,400 ETH (~ 39 million dollars) on two major sections on June 22, which brought its total ether to $ 330 million.

Its purchases have occurred while ether has become one of the most efficient of the most efficient cryptocurrencies in the last 24 hours.

The price of the ETH fell by approximately 12.80% in the last 24 hours to reach as low as $ 2,155. He underperformed the upper crypto, Bitcoin (BTC), which lost around 4.70% in the same period.

The downward move has come as the markets digested the reports of a American military strike on IranMarking a major escalation in the current Israel-Iran conflict, which began with the “Rising Lion operation” of Israel on June 13.

The whale has actively accumulated ETH and deployed it via the liquid installation protocol of Lido despite the downward backdrop.

In relation: The marked ether reaches a high record led by the adoption of the corporate crypto-tresor: finance redefined

The time and the purchasing scale suggest that the whale considers sale as a long term “Buy the dip“Opportunity rather than a cause of panic.

Glassnode data according to wider whale retention models suggest a similar rise.

Ethereum portfolios holding 10,000 ETH or more increased its net positions both the day the United States has launched air strikes on Iran and in the days preceding.

On June 21, these mega-Whea increased more than 116,893 ETH worth 265.30 million dollars, suggesting that they considered the decline as an opportunity to buy, not a trigger to leave.

Ethereum plans a 25% rebound

Ether is above a key ascending trend line which can lead to a strong rebound in the coming days, according to the market analyst Sense.

A rebound of the same level of support led to a gathering of 55% in April-May 2025. If the model takes place, ETH could bounce towards the level of resistance of $ 2,735 in the short term, up approximately 25% compared to current price levels.

This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.