{"id":7633,"date":"2026-03-19T11:20:36","date_gmt":"2026-03-19T11:20:36","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=7633"},"modified":"2026-03-19T11:20:36","modified_gmt":"2026-03-19T11:20:36","slug":"ethereum-price-hovers-near-key-level-as-111m-whale-sparks-fresh-accumulation","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=7633","title":{"rendered":"Ethereum price hovers near key level as $111M whale sparks fresh accumulation"},"content":{"rendered":"<p><\/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\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/02\/ethereum-price-trading-laptop-chart.jpg.png\" alt=\"Ethereum Whale Buys ETH\" width=\"100%\" height=\"100%\"\/>\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 fetchpriority=\"high\" 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 remains $2,400-$2,500. 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>Markets,ethereum price#Ethereum #price #hovers #key #level #111M #whale #sparks #fresh #accumulation1773919236<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 for seven months, and just deployed over $111 million in USDT to accumulate ETH.<\/p>\n","protected":false},"author":1,"featured_media":6550,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-7633","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eurozone"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ethereum price hovers near key level as $111M whale sparks fresh accumulation - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Ethereum price dropped from near $2,400 but was holding above $2,150 as a whale repurchased $111 million worth of ETH.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=7633\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum price hovers near key level as $111M whale sparks fresh accumulation\" \/>\n<meta property=\"og:description\" content=\"Ethereum price dropped from near $2,400 but was holding above $2,150 as a whale repurchased $111 million worth of ETH.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=7633\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-19T11:20:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/ethereum-price-trading-laptop-chart.jpg.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1536\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=7633\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=7633\",\"name\":\"Ethereum price hovers near key level as $111M whale sparks fresh accumulation - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=7633#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=7633#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/ethereum-price-trading-laptop-chart.jpg.png\",\"datePublished\":\"2026-03-19T11:20:36+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Ethereum price dropped from near $2,400 but was holding above $2,150 as a whale repurchased $111 million worth of ETH.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=7633#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=7633\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=7633#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/ethereum-price-trading-laptop-chart.jpg.png\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/ethereum-price-trading-laptop-chart.jpg.png\",\"width\":1536,\"height\":1024},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=7633#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ethereum price hovers near key level as $111M whale sparks fresh accumulation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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