Ethereum Whale Accumulates $119M, Signals Potential Price Rebound

• Lyla Velez
• December 15, 2025
• Market
• 0 Comments

A major Ethereum holder, known as “Whale Who Once Shorted 66,000 ETH,” has accumulated $119 million in Ethereum, raising market speculation about a potential price rebound.

The accumulation of Ethereum by a prominent whale during a price dip could indicate changing market sentiment and a bullish outlook, potentially influencing Ethereum’s price stability.

A significant Ethereum whale has recently acquired 38,576 ETH on Binance following a $85 million USDT loan via Aave. This move demonstrates a strategic shift as previously this whale was known for shorting the cryptocurrency.

As the whale reorients from a bearish to a bullish stance, the accumulation after the price dip could influence Ethereum’s market trajectory. This move aligns with a broader market interest, as seen with $209.1 million ETH ETF inflows.

This accumulation, amidst volatile trading conditions, suggests a growing confidence in Ethereum’s future valuation among large holders. Ted, an Analyst, noted, “ETH price is still above the 3,000 mark even though it is volatile on the day… As long as the $3,000 support zone holds, Ethereum price could rally toward the $3,300-$3,400 range again.”

The absence of official statements from key Ethereum leaders or regulatory bodies leaves interpretation to market actions, suggesting a potential price rally towards $3,300-$3,400 should the support above $3,000 hold.

Ethereum’s current market maneuvers could impact not only the cryptocurrency itself but also influence broader market dynamics. Analysts underscore the potential for Ethereum to maintain its key support zone, bolstered by strategic whale movements.