Key Notes
- Analysts warn that Ethereum price’s inability to reclaim this zone could lead to $2,800.
- Large investors have significantly increased their ETH holdings.
- A whale purchased $130.7 million worth of Ethereum over three weeks. .
With
BTC
$87,545
24h volatility:
0.2%
Market capitalization:
$1.75 ton
Flight. 24h:
$15.02 billion
THE
ETH
$2,932
24h volatility:
0.3%
Market capitalization:
$353.87 billion
Flight. 24h:
$7.16 billion
The price also posted 1.4% gains on December 26 and is eyeing a breakout past the $3,000 resistance. Market experts believe that surpassing this figure would open the doors for its rally towards the all-time high of $4,954. Additionally, whale accumulation for ETH has accelerated over the past month.
The price of Ethereum needs this breakout to continue its rise
In recent days, Ethereum price has consolidated below $3,000 after losing crucial support. Earlier today, ETH rebounded from the $2,900 low as volatility resumed amid the expiration of $3.8 billion in ETH options.
Cryptocurrency analyst Ted Pillows said that Ethereum attempted to surpass the $3,000 level but failed to sustain the move. He noted that unless ETH manages to reclaim this zone, the price could return to the $2,800 support level in the near term.
$ETH tried to break above the $3,000 level today, but failed.
Until this zone is reclaimed, Ethereum could sweep the $2,800 support level again. pic.twitter.com/cHPLEPZuwq
– Ted (@TedPillows) December 26, 2025
Additionally, a whale wallet has aggressively accumulated large amounts of ETH. On December 25, a large investor purchased approximately $16.09 million worth of Ethereum (ETH), as reported by crypto analyst Ted Pillows.
According to the analyst, the same whale has accumulated a total of $130.7 million in ETH over the past three weeks. This clearly shows continued interest in large-scale purchases despite recent market volatility.
A whale bought $16,090,000 in $ETH Today.
In 3 weeks, this whale purchased $130,700,000 worth of Ethereum. pic.twitter.com/NiWSeEtzf8
– Ted (@TedPillows) December 25, 2025
Crypto analyst Ali Martinez reported that whale investors purchased approximately 220,000 Ethereum (ETH) over the past week, representing an investment of approximately $660 million.
220,000 Ethereum $ETHaround 660 million dollars, bought by the whales last week! pic.twitter.com/y1SCbD26Td
– Ali Charts (@alicharts) December 25, 2025
Another cryptocurrency analyst, Javon Marks, said that Ethereum price is showing a hidden bullish divergence similar to the pattern seen in 2023. This suggests that the asset could be on the verge of a strong upward move. According to Marks, such a breakout could push ETH beyond its previous all-time high near $4,954.
He added that a successful move to this level would open the door for a potential rally towards the $8,500 range.
$ETHafter settling into a similar hidden bullish divergence through 2023, appears to be poised for another huge response that can lead to and above current all-time highs at ~$4,954!
A passage to this level involves $8,500…
(Ethereum) pic.twitter.com/hXlATGYlod
– JAVON⚡️BRANDS (@JavonTM1) December 25, 2025
ETH Options Expiry and ETF Exits
$3.8 billion worth of spot options on Ethereum expired on December 26, fueling market volatility. The maximum problem for ETH currently sits at $3,000.
On the other hand, Ethereum ETF spot outflows continued throughout this week. 2026 will be crucial for the price of Ethereum as the blockchain will undergo two major network upgrades.
The roadmap includes the Glamsterdam fork, expected in mid-2026, followed by the Hegota fork later in the year.
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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article is intended to provide accurate and current information, but should not be considered financial or investment advice. Because market conditions can change quickly, we encourage you to verify the information for yourself and consult a professional before making any decisions based on this content.
Bhushan is passionate about FinTech and has a good flair for understanding financial markets. His interest in economics and finance draws his attention to the new emerging markets of Blockchain technology and cryptocurrencies. He is continually learning and remains motivated by sharing his acquired knowledge. In his free time, he reads thriller novels and sometimes explores his culinary skills.
