Ethereum Whale Stacks $1.38B; Can ETH Price Hold Before Flag Break?

A single wallet accumulated 393,000 ETH in seven days, spending about $1.38 billion, on-chain data from Cas Abbé shows.

66K ETH Dump Whale Transfers. Source: Arkham Intelligence (shared by Cas Abbé on X)

Transfers clustered within the last 24 hours and minutes apart, signaling staged execution rather than a block trade.

Flows passed through Aave’s WrappedTokenGateway and major exchange hot wallets, with periodic ~$40 million USDT funding before each ETH leg.

The buyer’s identity is unknown, but the pattern indicates systematic accumulation.

Ethereum weekly chart stirs debate on $10,000 target

Analyst Ali shared an Ethereum chart on X questioning whether ETH could reach $10,000 by December.

The weekly chart from TradingView shows ETH struggling below $3,600 after a failed attempt to sustain highs near $4,000.

Ethereum Weekly MACD Setup. Source: @ali_charts on X / TradingView

The setup highlights weakening momentum, with the MACD histogram turning negative and both signal lines curving downward.

This trend indicates fading bullish strength as price trades near mid-range support zones.

While the previous rally pushed ETH up from around $2,200 earlier this year, the current candles suggest consolidation rather than continuation.

Traders are watching whether ETH can hold above $3,100 to avoid deeper corrections before any potential rebound.

Ethereum 4h chart forms bearish flag; 18% downside risk — Nov. 12, 2025

Ethereum’s 4-hour ETHUSD chart on Bitstamp shows a bearish flag forming after a sharp early-November drop.

A bearish flag is a brief, rising channel that develops after a steep decline and often precedes another leg lower once price breaks the lower boundary.

ETHUSD 4h Bearish Flag. Source: TradingView

Price trades near $3,447 while hugging the flag’s lower trendline and below the 50-EMA around $3,522.

Volume eased during the flag’s advance, and RSI sits in the mid-40s to low-50s, signaling fading momentum. Therefore, sellers hold the near-term advantage as the pattern matures.

If ETH loses the lower flag line with strong volume, the measured move implies about an 18% decline from the current price—pointing toward roughly $2,827.

Confirmation would come from a decisive close beneath the channel and follow-through selling; otherwise, a swift recovery back above the 50-EMA would weaken the setup.