Ethereum whales are back in the market, quietly buying up massive amounts of ETH following the recent volatility. The renewed activity has sparked optimism among analysts who believe the token might soon rise back to $4,500. Blockchain data shows that institutional investors are purchasing the dip, indicating long-term faith despite short-term price weakness. BitMine Immersion Technologies has been at the forefront of this accumulation wave with hundreds of thousands of new ETH added to its balance sheet. Analysts noted that the move reflects increasing belief that Ethereum is undervalued. Meanwhile, another Ethereum-based project, MAGACOIN FINANCE , is attracting attention with its verified security and growing whale activity to show similar accumulation behavior in the broader market. Ethereum Whales Resume Heavy Accumulation Ethereum’s recent pullback created an ideal entry area for the large investors. Over the weekend, BitMine Immersion Technologies bought 202,000 ETH, worth $827 million, at an average price of around $4,154. The move brought the firm’s total holdings to 3.03 million ETH, roughly 2.5% of the total supply of Ethereum. According to the company chairman, Tom Lee, the acquisition represented the “halfway point” toward BitMine’s goal of owning 5% of total supply. Analysts take this as a strong signal that large institutions view current levels as undervalued. On-chain data supports this narrative. Blockchain trackers recorded wallet balances for addresses holding over 10,000 ETH, climbing by over 4% month-over-month, showing a wide accumulation trend. Large holders have added about 150,000 ETH combined since mid-October, which is equivalent to about $603 million at current prices. Exchange flows also support growing buying pressure. The Exchange Net Position Change metric fell from -1.55 million ETH on October 10 to -1.94 million ETH five days later, implying that more coins were leaving exchanges than were entering. Historically, such sustained outflows are a sign of growing confidence as investors shift to cold storage for long-term holding. Source: GlassNode Analysts believe Ethereum’s consolidation phase is coming to an end. The asset is trading around $4100, which forms a clear bullish Flag pattern on the weekly time frame. This structure is often preceded by strong upward continuation after accumulation phases. Source: X Technical analysts speculate that a clean breakout above $4,300 could send ETH swiftly toward $4,500, and beyond $5,700 if momentum gains speed. Support is firm at $3,800, and in this zone, it must hold to maintain the bullish setup. Traders point out that the higher lows on Ethereum suggest controlled market behavior and confidence of long-term participants. If volume increases during the breakout, the move might validate the flag pattern, and the next part of the rally is confirmed. On-chain momentum indicators are also in line with this view, with renewed inflows into self-custody wallets as whales pile up. Institutional Confidence Strengthens Ethereum’s Outlook BitMine’s buying spree has solidified the idea that institutional investors still view Ethereum as a core digital asset. Despite losing almost 20% of its value since August, institutional conviction has not wavered. Experts explain that while retail traders enjoy exiting during corrections, professional investors are often buying strategically. Entities such as BitMine view market dips as chances to expand their exposure. This difference between short-term speculation and institutional positioning speaks volumes to the maturing nature of the Ethereum market. Moreover, developer activity is high. Ethereum remains a leader in the blockchain sector with over 31,000 active developers, almost twice the number of Solana. The expansion of decentralized finance and layer 2 networks has ensured a high level of demand on-chain and deep liquidity, both of which are conducive to a sustainable price base. MAGACOIN FINANCE Whale Activity Mirrors Institutional Accumulation On-chain monitoring tools reveal that large wallets linked to MAGACOIN FINANCE have also begun showing steady accumulation. Analysts note that this behavior mirrors institutional entry patterns seen during early stages of major bull cycles. Whales appear to be quietly building positions in anticipation of stronger momentum. MAGACOIN FINANCE’s emphasis on transparency and security continues to attract serious investors. The project has undergone multiple independent audits, including by Hashdex, confirming the integrity of its smart contracts and operational systems. These reports verified key areas such as contract reliability, transaction stability, and resistance to exploits. Analysts believe this security-first approach sets MAGACOIN FINANCE apart from unverified altcoin projects. Its commitment to audited safety has reinforced investor confidence and aligns with broader trends favoring verifiable, compliant crypto initiatives. Conclusion Ethereum’s whale accumulation marks a pivotal shift in sentiment. Institutional buyers are returning, and on-chain data points to renewed confidence ahead of a potential breakout. With BitMine leading large-scale accumulation and technical indicators hinting at strength, analysts expect Ethereum to retest $4,500 soon. At the same time, MAGACOIN FINANCE’s rising whale interest and verified transparency highlight how security and trust are becoming central themes in the next growth phase of the crypto market. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Access: https://magacoinfinance.com/access Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Ethereum Whale Buying Spree — Analysts Predict a Quick Return to $4,500 appeared first on Times Tabloid .
