Ether (ETH)
Exchanged at $ 2,508 on June 14, down 0.88% in the last 24 hours, but has managed to maintain higher support in $ 2,500 despite the changing institutional dynamics.
According to the crypto healthy analysis platform, portfolios holding between 1,000 and 100,000 ETH – called whale and shark wallets – added a net total of 1.49 million ETH in the last 30 days. This group increased its combined assets by 3.72% and now controls 26.98% of the total ether offer.
Santiment noted that if smaller and retail portfolios have made profits, these major holders have regularly accumulated. The divergence in behavior highlights a long -term conviction among Ether’s main stakeholders, even if the feeling of retail seems to vacillate following a decrease in recent prices.
At the same time, the American spot, the ETFs, ETF recorded $ 2.2 million in net on Friday, marking the end of an entry sequence of 19 days. The reversal, confirmed by the data of distant investors, is the first sign of slowing down institutional demand via these ETF since the end of May.
However, the wider structure of Ether remains intact. Following a decline in recent peaks close to $ 2,870, ETH continues to keep a historically significant support area nearly $ 2,500. Persistent accumulation by whale and sharks portfolios can provide an important floor for the price, especially if macro-woves stabilize and regulatory clarity improves.
Strengths of technical analysis
- Ether exchanged between $ 2,499.39 and $ 2,580.53 in the past 24 hours.
- The price culminated almost $ 2,580 in the early hours before entering a constant drop.
- The token briefly dropped below $ 2,500 before rebounding to close almost $ 2,518.76.
- The end of the session volume has increased, in particular around 5.30pm-18: 00 GMT, coinciding with the rebound.
- The support seems to form around $ 2,500, a key psychological and technical level.
- Despite modest losses, ETH maintained a narrow range of $ 81.14 (3.14%), showing relative stability
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