Ethereum Price Prediction: Investor Snaps Up $127 Million in ETH – Contrarian Play?

Cryptocurrency Ethereum

Ad Disclosure

Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More

Crypto Writer

Arslan Butt

Crypto Writer

Arslan Butt

About Author

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Author Profile

Share

Copied

Ad Disclosure

Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More

Last updated: 

June 15, 2025

Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

Ethereum (ETH) is currently trading around $2,540, buoyed by a dramatic $127 million whale purchase of 48,825 ETH at an average price of nearly $2,605. This savvy move, especially during a recent dip triggered by geopolitical unrest and options expiry, reveals long-term confidence from large-scale buyers.

Notably, this whale previously netted $30 million in Ethereum profits, suggesting a data-driven strategy. Crypto markets took a hit after escalating tensions in the Middle East rattled risk assets. ETH fell nearly 0.75% in 24 hours, reaching $2,524, as over 242,000 ETH in Deribit options expired, contributing to increased volatility.

The put-call ratio stood at 1.20, with maximum pain around $2,700, indicating a bearish position bias. However, the whale purchase serves as a counterweight, supporting sentiment and offering a confidence boost amid uncertainty.

Ethereum Technical Setup: Tight Range Between EMAs

Ethereum’s price prediction remains neutral as the cryptocurrency consolidates in a critical price range between its 23.6% Fibonacci retracement level ($2,518) and the descending 50-period exponential moving average (EMA) ($2,580) on the 2-hour chart.

The appearance of a Doji candle near the Fibonacci line highlights short-term indecision. While ETH broke through a rising wedge, prompting a sell-off, momentum indicators are quietly shifting.

• MACD lines are converging toward a bullish crossover
• RSI is low, near 29, hinting at oversold conditions
• No multiple-candle bearish patterns like “Three Black Crows”

Although ETH traded below its 20-day, 50-day, and 100-day EMAs, there is growing potential for a bounce if it can reclaim the $2,550–$2,580 range. Failure to do so could drag prices toward $2,440 and possibly $2,300, but renewed buying momentum might unlock higher targets.

Ethereum Trade Plan: Balance Risk and Reward

For those new to trading, here’s a simple and straightforward trade setup based on current chart activity and whale behavior:

Bullish Scenario (Buy-the-Dip):

• Entry: Close above 38.2% Fib at ~$2,568 and 50-EMA
• Stop-loss: Just below today’s low (~$2,500)
• Targets: $2,607 (50% Fib), then $2,647 (61.8% Fib)

Bearish Scenario (Breakdown Play):

• Entry: Close below trendline and $2,518
• Stop-loss: Above $2,540
• Target: $2,440, with downside risk toward $2,300

This balanced plan positions you for upside precision and downside protection.

Final Take:

Ethereum sits at a pivotal point, technical indicators suggest a pause after recent losses, but whale buying hints at sustained interest. A breakout above approximately $2,580 could pave the way for prices to reach $2,650–$2,700.

Conversely, failure to hold current support might lead to pressure dropping to $2,440. Watch those zones closely and manage risk accordingly.

BTC Bull Token Nears $8.1M Cap as 58% APY Staking Attracts Last-Minute Buyers

With Ethereum trading near $2,547, investor focus is shifting toward altcoins, especially BTC Bull Token ($BTCBULL). The project has now raised $7,141,005.09 out of its $8,216,177 cap, leaving less than $1 million before the next token price hike. The current price of $0.00256 is expected to increase once the cap is hit.

BTC Bull Token links its value directly to Bitcoin through two core mechanisms:

• BTC Airdrops reward holders, with presale participants receiving priority.
• Supply Burns occur automatically every time BTC increases by $50,000, reducing $BTCBULL’s circulating supply.

The token also features a 58% APY staking pool holding over 1.81 billion tokens, offering:

The token also features a 61% APY staking pool holding over 1.73 billion tokens, offering:

• No lockups or fees
• Full liquidity
• Stable passive yields, even in volatile markets

This staking model appeals to both DeFi veterans and newcomers seeking hands-off income.

With just hours left and the hard cap nearly reached, momentum is building fast. BTCBULL’s blend of Bitcoin-linked value, scarcity mechanics, and flexible staking is fueling strong demand. Early buyers have a limited time to enter before the next pricing tier activates.