{"id":7735,"date":"2026-03-23T12:59:37","date_gmt":"2026-03-23T12:59:37","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=7735"},"modified":"2026-03-23T12:59:37","modified_gmt":"2026-03-23T12:59:37","slug":"ethereum-rallies-4-as-trump-halts-iran-strikes-offsetting-whale-dump","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=7735","title":{"rendered":"Ethereum rallies 4% as Trump halts Iran strikes, offsetting whale dump"},"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\/2025\/08\/ETH-Remittix-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/08\/ETH-Remittix-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/08\/ETH-Remittix-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/08\/ETH-Remittix-smartcrop-363x181.png\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/08\/ETH-Remittix.png\" alt=\"Ethereum Price\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li><span style=\"font-weight: 400;\">Ethereum price rose to above $2,170 after Trump delayed US strikes on Iran.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">An Ethereum OG whale sold 15,002 ETH for about $30.97 million via Coinbase.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Ethereum price hovers in the $2,000-$2,200 range.<\/span><\/li>\n<\/ul>\n<p>Ethereum price pumped more than 4% in a sharp U-turn as downside pressure quickly gave way to upside movement amid market reaction to a fresh announcement by President Donald Trump.<\/p>\n<p>However, the altcoin\u2019s price remained near the critical $2,000 level amid notable whale offloading in the hours prior to Trump\u2019s post on Monday.<\/p>\n<h2>Ethereum bounces sharply amid Trump announcement<\/h2>\n<p>Ethereum traded higher in early US trading hours, moving sharply from around $2,060 to above $2,170 as bulls attempted to recover from intraday lows.<\/p>\n<p>The altcoin hovered near $2,150, boasting a 24-hour trading volume of over $19 billion.<\/p>\n<p>A look at the markets shows Ethereum\u2019s move to highs of $2,170 coincided with Bitcoin\u2019s sudden uptick to the $70,000 area.<\/p>\n<p>BTC had dipped below $68,000 as the broader risk\u2011on mood suffered the sentiment around events in Iran and the Middle East.<\/p>\n<p>However, President Trump\u2019s announcement of a five-day pause in US strikes on Iran on Monday appeared to bolster buyers.<\/p>\n<p>\u201cThe United States and Iran have had productive discussions over the past two days toward fully resolving hostilities in the Middle East. As talks continue this week, I\u2019ve ordered a five-day pause on any military strikes against Iranian energy infrastructure, contingent on progress,\u201d Trump posted on Truth Social.<\/p>\n<p>Stocks also saw an uptick, economist Mohamed El-Erian pointed out via X.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Market prices performed a massive U-turn just minutes after the post below as President Trump announced that the U.S. has held &#8220;very productive and constructive conversations&#8221; with Iran, resulting in a five-day postponement of &#8220;any and all military strikes against Iranian power\u2026 <\/p>\n<p>\u2014 Mohamed A. El-Erian (@elerianm) <a href=\"https:\/\/twitter.com\/elerianm\/status\/2036042198282621195?ref_src=twsrc%5Etfw\">March 23, 2026<\/a><\/p>\n<\/blockquote>\n<h2>ETH prices had dropped as OG whale sold $31M ETH<\/h2>\n<p>On Monday, an Ethereum OG wallet labeled \u201c0xa2F\u2026F85A\u201d moved 15,002 ETH to US-based crypto exchange Coinbase.<\/p>\n<p>The total value of the coins stood at about $30.97 million at the time, on\u2011chain analytics platform Lookonchain noted.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">An <a href=\"https:\/\/twitter.com\/hashtag\/EthereumOG?src=hash&amp;ref_src=twsrc%5Etfw\">#EthereumOG<\/a> (0xa2F6) just sold 15,002 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a>($30.97M)!<\/p>\n<p>This OG previously received 172,700 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> 10 years ago (worth $2.2M at the time, now $356M) at a price of $12.83. <a href=\"https:\/\/t.co\/wZ4PdUGWwt\">pic.twitter.com\/wZ4PdUGWwt<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/2035916598016675878?ref_src=twsrc%5Etfw\">March 23, 2026<\/a><\/p>\n<\/blockquote>\n<p>The wallet originally accumulated around 172,700 ETH about a decade ago, when each token traded near $12.83, implying an initial outlay of roughly $2.2 million.<\/p>\n<p>At current prices near the low\u2011$2,000s, that full stash would be valued at roughly $353 million, indicating substantial paper gains realized over the years.<\/p>\n<p>Despite the huge cash out, the address still holds over 14,800 Ether and is one of the network\u2019s long\u2011term holders.<\/p>\n<p>In a separate transaction, another whale sold 5,000 ETH worth about $10.3 million. The transfer happened at roughly $2,063 per token, slightly lower than the current price of ETH.<\/p>\n<p>This whale still holds around 126,000 ETH, worth about $257 million, with this indicating overall long-term bullish sentiment.<\/p>\n<h2>Ethereum price key levels<\/h2>\n<p>From a technical standpoint, ETH is hovering within the short\u2011term support and resistance in the $2,000\u2013$2,200 band.<\/p>\n<p>As highlighted here, the $2,150 is a key level and upside momentum hinges on bulls keeping support intact.<\/p>\n<p>The downside, key bearish targets lie around $1,800, while bulls fancy $3,000 and the August 2025 all\u2011time high of $4,953.<\/p>\n<p>\u00a0<\/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<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Markets#Ethereum #rallies #Trump #halts #Iran #strikes #offsetting #whale #dump1774270777<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price rose to above $2,170 after Trump delayed US strikes on Iran. An Ethereum OG whale sold 15,002 ETH for about $30.97 million via Coinbase. Ethereum price hovers in the $2,000-$2,200 range. Ethereum price pumped more than 4% in a sharp U-turn as downside pressure quickly gave way to upside movement amid market reaction<\/p>\n","protected":false},"author":1,"featured_media":7736,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-7735","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 rallies 4% as Trump halts Iran strikes, offsetting whale dump - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Ethereum price rose amid Trump\u2019s announcement of a five-day pause in US strikes on Iran, but a broader correction still looms.\" \/>\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=7735\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum rallies 4% as Trump halts Iran strikes, offsetting whale dump\" \/>\n<meta property=\"og:description\" content=\"Ethereum price rose amid Trump\u2019s announcement of a five-day pause in US strikes on Iran, but a broader correction still looms.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=7735\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-23T12:59:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/03\/ETH-Remittix-1024x683.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=7735\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=7735\",\"name\":\"Ethereum rallies 4% as Trump halts Iran strikes, offsetting whale dump - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=7735#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=7735#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/03\/ETH-Remittix.png\",\"datePublished\":\"2026-03-23T12:59:37+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Ethereum price rose amid Trump\u2019s announcement of a five-day pause in US strikes on Iran, but a broader correction still looms.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=7735#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=7735\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=7735#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/03\/ETH-Remittix.png\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/03\/ETH-Remittix.png\",\"width\":1536,\"height\":1024},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=7735#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ethereum rallies 4% as Trump halts Iran strikes, offsetting whale dump\"}]},{\"@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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