\n<\/p>\n
TL;DR<\/strong><\/p>\n Ethereum\u2019s (ETH) price has been hovering around $4,500 in the past two days, <\/span>or performing better than<\/span> at the beginning of September when it briefly dipped below $4,300.<\/span><\/p>\n Large investors (known as whales) <\/span>seem to<\/span> have seized the opportunity and sold some of their holdings within that period.<\/span> The X user Ali Martinez <\/span>revealed<\/span><\/a> that these market participants dumped 90,000 ETH, worth over $400 million.<\/span><\/p>\n The collective possessions of that investor group have lessened to 15.4 million tokens, representing 12.7% of the asset\u2019s circulating supply.\u00a0<\/span><\/p>\n Selling efforts of that type are generally considered bearish since they increase the amount of coins on the open market and could trigger a price decline (assuming demand stays the same or heads south). Furthermore, smaller players may mimic the whales\u2019 actions and also exit the ecosystem.\u00a0<\/span><\/p>\n It is important to note that the<\/span> upcoming FOMC meeting (during which interest rates in the US <\/span>are expected<\/span> to <\/span>be lowered<\/span>) might have prompted big investors to reduce their exposure. T<\/span>he event, scheduled for today, <\/span>is interpreted<\/span> as bullish in the long term for the crypto market, but may result in a short-term correction (as some X users <\/span>suggested<\/span><\/a>).<\/span><\/p>\n Despite the offloading by whales, numerous analysts remain optimistic that ETH can post additional gains in the near future and even hit a new all-time high as early as this month.<\/span><\/p>\n X user ZYN spotted<\/a> the formation of a bullish cross on the asset\u2019s price chart, reminding that double-digit pumps followed such setups in the summer.\u00a0<\/span><\/p>\n \u201cIf a bullish cross plays out again, ETH will trade above $5,000 this month,\u201d they predicted.<\/span><\/p>\n<\/blockquote>\n Ted chipped in, too, making a more modest prediction. He noted<\/a> that ETH has recently bounced back from its $4,500 support zone, envisioning an ascent to $4,700 if this level holds.<\/span><\/p>\n \u201cIn case of a breakdown, ETH will revisit the $4,000-$4,200 region,\u201d he added.<\/span><\/p>\n<\/blockquote>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n\n
<\/a><\/span><\/h2>\n
Taking Profits<\/h2>\n
Price Targets<\/span><\/h2>\n
\n
\n
\nBinance Free $600 (CryptoPotato Exclusive): Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (full details<\/a>).<\/p>\n
![<\/a><\/span><\/h2>\nTaking Profits<\/h2>\nEthereum\u2019s (ETH) price has been hovering around $4,500 in the past two days, <\/span>or performing better than<\/span> at the beginning of September when it briefly dipped below $4,300.<\/span><\/p>\nLarge investors (known as whales) <\/span>seem to<\/span> have seized the opportunity and sold some of their holdings within that period.<\/span> The X user Ali Martinez <\/span>revealed<\/span><\/a> that these market participants dumped 90,000 ETH, worth over $400 million.<\/span><\/p>\nThe collective possessions of that investor group have lessened to 15.4 million tokens, representing 12.7% of the asset\u2019s circulating supply.\u00a0<\/span><\/p>\nSelling efforts of that type are generally considered bearish since they increase the amount of coins on the open market and could trigger a price decline (assuming demand stays the same or heads south). Furthermore, smaller players may mimic the whales\u2019 actions and also exit the ecosystem.\u00a0<\/span><\/p>\nIt is important to note that the<\/span> upcoming FOMC meeting (during which interest rates in the US <\/span>are expected<\/span> to <\/span>be lowered<\/span>) might have prompted big investors to reduce their exposure. T<\/span>he event, scheduled for today, <\/span>is interpreted<\/span> as bullish in the long term for the crypto market, but may result in a short-term correction (as some X users <\/span>suggested<\/span><\/a>).<\/span><\/p>\nPrice Targets<\/span><\/h2>\nDespite the offloading by whales, numerous analysts remain optimistic that ETH can post additional gains in the near future and even hit a new all-time high as early as this month.<\/span><\/p>\nX user ZYN spotted<\/a> the formation of a bullish cross on the asset\u2019s price chart, reminding that double-digit pumps followed such setups in the summer.\u00a0<\/span><\/p>\n\n\u201cIf a bullish cross plays out again, ETH will trade above $5,000 this month,\u201d they predicted.<\/span><\/p>\n<\/blockquote>\nTed chipped in, too, making a more modest prediction. He noted<\/a> that ETH has recently bounced back from its $4,500 support zone, envisioning an ascent to $4,700 if this level holds.<\/span><\/p>\n\n\u201cIn case of a breakdown, ETH will revisit the $4,000-$4,200 region,\u201d he added.<\/span><\/p>\n<\/blockquote>\n\nSPECIAL OFFER (Sponsored)<\/span><\/center>\nBinance Free $600 (CryptoPotato Exclusive): Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (full details<\/a>).<\/p>\nLIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n<\/p><\/div>\n\nSource link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"TL;DR Big Ethereum investors cut their collective holdings to 15.4 million tokens following a massive sell-off this week.…\n","protected":false},"author":2,"featured_media":35772,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-35771","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/35771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35771"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/35771\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/35772"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/ETH_CB-1.jpg\"){kind=link}