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Ethereum Update: Major Investors Commit $9.4M to Ethereum Amid Intensifying $1,800 Price Discussion

Ethereum Update: Major Investors Commit $9.4M to Ethereum Amid Intensifying $1,800 Price Discussion

Bitget-RWA2025/11/18 05:54
By:Bitget-RWA

- Ethereum's price near $3,500 sparks debate over $1,800 support zone amid mixed technical and on-chain signals. - Whale activity shows confidence, with $9.4M borrowed to buy 1,760 ETH amid strategic liquidity accumulation. - DeFi growth highlights Ethereum's ecosystem strength, as Mutuum Finance raises $18.7M and expands token holder base. - Institutional moves by Intchains and Bitmine reinforce Ethereum's role in bridging traditional finance and digital assets. - Market focus shifts toward Ethereum's lon

Ethereum’s recent price movement has reignited discussions among market observers, with technical signals pointing toward a possible "$1,800 entry point" within a long-term structural pattern. Yet, data from derivatives and blockchain activity paints a more layered picture, reflecting both caution and hope among participants. After hovering close to $3,500, Ethereum is maneuvering through a dynamic environment influenced by institutional actions, DeFi advancements, and large holder strategies

.

Chart analysts have pinpointed crucial zones of support and resistance that may shape Ethereum’s short-term direction. On the 4-hour timeframe,

is fluctuating inside a downward channel, with immediate support found between $3,300 and $3,330. Falling below this threshold could lead to intensified selling, while a move back to the $3,500 pivot area might indicate temporary stabilization. For the longer horizon, the $3,500–$3,800 band remains pivotal, and a sustained climb above $3,700 . These technical markers are consistent with a generally optimistic outlook, though traders are encouraged to keep an eye on trading volume and price swings for confirmation.

At the same time, blockchain data highlights Ethereum’s ongoing attraction for major investors. A significant whale recently took out a $9.41 million loan to acquire 1,760 ETH at an average price of $3,141, reflecting strong conviction in Ethereum’s value. This investor, holding more than $68 million in ETH and $60 million in

, seems to be methodically building liquidity during market fluctuations. that Ethereum’s price is set to rebound from its current range, even as broader market conditions remain uncertain.

Ethereum Update: Major Investors Commit $9.4M to Ethereum Amid Intensifying $1,800 Price Discussion image 0

Interest from institutions remains strong, with Ethereum-focused treasury firms such as Intchains Group and Bitmine making notable moves. Intchains recently purchased a proof-of-stake (PoS) technology platform for $1.3 million to broaden staking services across blockchains like Ethereum and

. Bitmine, now the largest corporate holder of ETH with more than 3.5 million coins (valued at $11 billion), has named Chi Tsang as its new CEO and expanded its board by three members to support its evolution from a mining company to a digital asset treasury. the company’s function as a connector between traditional finance and Ethereum’s “supercycle” ecosystem .

Although technical signals and derivatives data point to a possible $1,800 support area, the combined confidence of institutions and retail investors in Ethereum’s infrastructure could steer the market in a different direction. As DeFi continues to innovate and treasury strategies adapt, attention is gradually shifting from short-term price swings to Ethereum’s broader adoption and long-term utility.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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