Ethereum (ETH) is at a tight floor price.
Whales are entering leveraged long ETH positions while spot buyers defend the $3,000-$3,100 zone. This is a price floor that could determine Ethereum’s next major move.
Can large buyers stabilize the market, or is a pullback underway?
Whales bet big and with confidence
Ethereum’s largest and most profitable traders rely heavily on long positions, and they do it together!
Lookonchain data from
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The famous anti-CZ whale expanded its position, going long 62,156 ETH worth approximately $194 million.
Meanwhile, pension‑usdt.eth joined a smaller but notable long position of 20,000 ETH, valued at $62.5 million, and a PnL of $16.3 million.
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All three whales are taking the same side of the trade, so this is a big vote of confidence in ETH’s near-term direction.
One-off buyers are also involved!
Recent orderbook data shows strong bids between $3,000 and $3,100, creating a clear wall of support for ETH.
Analyst TedPillows said on
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This area and how ETH reacts here will likely influence the short-term trend.
Tense, but balanced
ETH appears to be stabilizing around its current support zone.
At the time of writing, the RSI was at neutral levels, while the MACD lines were flattening, suggesting that selling pressure may be easing after several weeks of declines.
