- Mega -Walvissen, each held more than 10k ETH, joined the network when WLFI spent $ 10 million on ETH.
- As soon as Ethereum closes above $ 4K, it can reach $ 5K and then $ 6k within 6-8 weeks.
In the last 24 hours from the moment of the press, 13 mega whales each strengthened more than 10000 ETH, the Ethereum strengthened [ETH] network.
At the same time, World Liberty Fund bought 3247 ETH worth $ 10 million to elevate their total interests to $ 189 million, indicating an accumulation trend.
This expression of acquisitions underlined strong confidence in the value proposition of ETH, despite its current price struggle.
The increasing number of large-scale holders may stabilize the ETH price by reducing market volatility and increasing the scarcity of the asset.
This dynamic is crucial because ETH has shown a falling trend, with the price that hangs around $ 3,190.27, a slight increase of 3.29% per day.
Source: Ali/X
Other assets in the portfolio of the World Liberty Fund were WBTC with a small increase of 0.32% and Tron (TRX) appreciated by 1.6%. Conversely, Aave fell by 0.94%, in $ 301.89.
The participation of WLFI not only influences the ETH market, but can also indicate an emerging floor if these accumulation trends continue.
This strategic detention pattern can buffer ETH against further fall, which suggests a bullish look in crypto if the trend persists.
Open interest rates
The open interest of Ethereum has been increasing since August 2024 and followed the price action of Ethereum in the long term.
Towards the end of 2024, both statistics rose, with open interest that peaks nearly 21 billion in January 2025.
During this period, the price of Ethereum showed a volatile but rising trend, which at the beginning of 2024 of around $ 2,500 stood to Highs around $ 4000 towards the end of the year.
Source: Cryptuquant
The recent increase in the open interest suggested that, despite the current price decrease, there was a competitive commercial interest that could push the price of Ethereum up again.
Given the historical correlation, the increasing open interest can lead to a rally like Ethereum in it succeeding in stabilizing and returning from his press levels of around $ 3,350.
ETH can come back to a quick climb to or even beyond earlier highlights, which may make new thresholds.
ETH repeated Q4 of 2020
Ethereum today reflects the scene back in Q4 2020. During that period, despite the rise of Bitcoin and the Buzz around Defi, Ethereum struggled to break resistance levels, similar to the $ 4K barrier that is currently being seen.
At the time, every pump from Ethereum was opposed by considerable resistance to $ 400, just as we now see with the $ 4,000 level.
After ETH successfully overcome $ 400, it led a powerful rally, which rose almost 150% to $ 1,000 within two months.
Source: TED -Pillions/X
Nowadays, Ethereum is struggling with a similar pattern. The current graph shows repeated attempts to violate the $ 4K level, with similar rejections that are comparable to the past.
Read Ethereum’s [ETH] Price forecast 2025–2026
If Ethereum can support a close one over $ 4K, expectations based on patterns from the past a potential fast climb to $ 5,000 and possibly $ 6,000 within six to eight weeks.
This prediction depends on Ethereum that breaks above these crucial resistance points, which could act as a catalyst for another substantial price increase, whereby the explosive movements of the end of 2020 are reflected.
