The post Ethereum Whale Moves Signal Price Surge Incoming – Will ETH Hit $3,000 Soon? appeared first on Coinpedia Fintech News Ethereum price is heating up. In the past seven days, ETH has gained over 4.5% , and in just the last 24 hours, it’s jumped more than 2.3% . Now, whale activity and exchange data suggest something bigger may be coming. Ethereum Whales Make Bold Moves According to on-chain reports , a major Ethereum whale has withdrawn 6,989 ETH (worth around $17.5 million) from Binance over the past three weeks. Just recently, the same wallet removed 1,900 ETH, valued at nearly $4.86 million, from the exchange.This kind of large-scale withdrawal reduces exchange liquidity, and if demand surges while supply dips, it could lead to a supply shock—a classic recipe for a price rally. Ethereum Exchange Reserve Drops The latest data shows that Ethereum exchange reserves are steadily falling: Total exchange reserve now : 18,962,692 ETH On May 1 : 19,576,503 ETH Binance ETH reserve : 4,947,990 ETH This drop suggests more ETH is being moved to cold wallets or DeFi platforms—an indicator of long-term holding sentiment among investors. Ethereum Price Performance: Steady Climb ETH price on July 1 : $2,405.08 ETH price now : $2,562.97 7-day growth : 4.5% 24-hour surge : 2.3% For weeks, ETH has been consolidating between $2,400 and $2,700. A breakout above this range could confirm bullish momentum. [post_titles_links postid=”479395″] Ethereum Technicals: Bullish Signs in Play 50-day SMA : $2,532.12 100-day SMA : $2,211 200-day SMA : $2,492.99 RSI : 54.49 (neutral) The 50-day SMA is above the 100 and 200-day SMAs—indicating short- to mid-term bullish momentum. The neutral RSI means ETH still has room to grow without entering overbought territory. What’s Next for Ethereum? If the current whale accumulation trend continues and ETH breaks above $2,700, analysts expect a move toward $3,000 and possibly beyond. A shrinking exchange supply and bullish technicals could fuel that breakout. [article_inside_subscriber_shortcode title=”Never Miss a Beat in the Crypto World!” description=”Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.” category_name=”News” category_id=”6″] FAQs Is Ethereum a good investment? As the altcoin season begins, the short-term gains make Ethereum a lucrative buying option. However, the long-term promises of this programmable blockchain make it a viable long-term crypto investment. Where do you see ETH by December 2025? As per our Ethereum price forecast 2025, the ETH price could reach a maximum of $5,925. Is it better to buy Bitcoin or Ethereum? While Ethereum is trusted for its stout fundamentals, Bitcoin continues to dominate with its widespread adoption.
