key takeaways,
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An atherium whale deposited $ 39 million in ETH while selling a sharp market triggered by the US air strike on Iran.
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Etharium mega-whales added over 116,000 Aths on 21 June, indicating a strong purchase-dubi spirit.
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The technical pattern suggests that ETH may rebound 25% towards $ 2,735 in short term.
A high net verthtic atherium trader has deposited millions of dollars of ether (Eth), which is defying a broad market recession by increasing the fresh signals of the stresses and exposure of the Middle East.
The rapid decline of ether fails to fear the whale
Wallet’s address 0x7355 … 213 bought about 9,400 ETH (~ $ 39 million) in two major installments on 22 June, extending its total ether holdings to $ 330 million.
It was procured even when Ether emerged as one of the worst performing top cryptocurrency in the last 24 hours.
In the last 24 hours, the price of Eth fell by about 12.80%, which decreased by $ 2,155. It underestimated the top-ranking crypto, bitcoin (BTC), which lost about 4.70% in the same period.
As a negative step, the markets marked a major growth in the Israel -Iron conflict, digging the report of a direct US military strike on Iran, which began on 13 June with Israel’s “Operation Rising Lion”.
Whale actively stored ETH and deployed it through the liquid stacking protocol of Lido despite the background of the recession.
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The time and scale at procurement shows that the whale sells a long -term “dip” as an opportunity instead of panic.
Tracking Glasanode’s data wide whale holding patterns reveals a similar reverse feeling.
Ethereum Wallet has increased its net positions holding 10,000 eth or more, the day the US launched airstrikes on Iran and carried it forward in those days.
On 21 June, these mega-whales had priced 116,893 ETH to over $ 265.30 million, suggesting that they see the fall as an opportunity to buy, not to exit.
Ethereum is eyeing 25% jump
According to the market analyst, Ether is above a major ascending trendline that can create a strong bounce in the coming days. Sensei,
A surge from the same support level led a 55% rally in April-May 2025. If the pattern plays out, the ETH may rebound $ 2,735 resistance level in the short term, which is up to 25% from the current price levels.
There are no investment advice or recommendations in this article. Each investment and business move include risk, and readers should conduct their own research while taking decisions.
