Ethereum-Kursrückgang deutet auf einen Absturz um 9 % hin, während Wale innerhalb einer Woche 17.800 ETH abstoßen

Crypto Daily™ · 2026-11-12T14:04:53.000Z

Drei Dinge, die man wissen sollte Wal-Wallets haben in der vergangenen Woche rund 17.800 ETH abgestoßen, und ein Großinvestor verkaufte mit hohen Verlusten. Ethereum notiert unter beiden wichtigen gleitenden Durchschnitten, und die Dynamik begünstigt trotz eines überverkauften Signals weiterhin die Verkäufer. Die nächste eingezeichnete Unterstützung liegt bei etwa 1.850 $, darunter gibt es keine klar erkennbare Unterstützung. Große Ethereum-Inhaber machen sich aus dem Staub. On-Chain-Daten zeigen, dass Wale verkaufen, eine mit der Ethereum Foundation verbundene Wallet ihren Bestand reduziert und US-Spot-ETH-Fonds Geldabflüsse verzeichnen. Dieses Angebot trifft auf einen Markt, der sich bereits seit einem Monat in einem Abwärtstrend befindet. Die Verkäufe haben ETH in Richtung 2.000 $ gedrückt, wo Käufer zögerlich wirken. Händler wollen nun wissen, ob der überverkaufte Chart eine Erholung auslösen kann, bevor die Verkäufer die nächste Unterstützung testen.

Three Things to Know
Whale wallets dumped roughly 17,800 ETH over the past week, and one large holder sold at a steep loss.
Ethereum trades below both key moving averages, and momentum still favors sellers despite an oversold reading.
The next mapped floor sits near $1,850, with no clear support underneath it.
Large Ethereum holders are heading for the exit. On-chain data shows whales selling, an Ethereum Foundation-linked wallet trimming its stack and US spot ETH funds bleeding cash.
That supply lands on a market already in a monthlong downtrend. The selling has pushed ETH toward $2,000, where buyers look hesitant. Traders now want to know if the oversold chart can spark a bounce before sellers test the next floor.
Whales Cut Losses as ETF Money Heads for the Exit
One large holder gave up on Ethereum this week. On-chain tracker Lookonchain flagged a wallet selling 6,532 ETH near $2,085. The exit locked in a loss of about $3.1 million on coins it had bought near $2,691 only a month earlier.
That wallet had company. Analyst Ali Martinez counted roughly 17,800 ETH, worth about $40 million, sold by whale wallets over the past week. An Ethereum Foundation-linked wallet also sold 1,000 ETH on Nov 10 and again on Nov 11 through CoW Protocol. Its sales since late October now total 4,785 ETH.
Fund investors pulled back too. US spot ETH ETFs lost about $144.8 million on Nov 11, according to Farside data. BlackRock's ETHA accounted for roughly $129.8 million of that. Another $184.6 million left on Nov 9.
BitMine stood almost alone on the buy side. The company added 9,587 ETH, lifting its holdings to about 6.07 million ETH.
Ethereum Trades Under Both Averages After a Month of Lower Highs
Ethereum (ETH) daily price with the nearest support (green) and resistance (red). Source: TradingView
Ethereum changed hands near $2,040 at last check. That puts it below its 50-day moving average, near $2,330. It also sits under the 200-day average, around $2,300. A moving average smooths out daily swings to show the underlying trend. When price trades under both, those lines tend to act as ceilings.
Every bounce now runs into traders who bought higher and want out at breakeven. The two averages also sit close together. That stacks overhead selling into one narrow band instead of spreading it out.
The shape of the decline tells the same story. ETH topped near $2,800 in October and has failed to reach that level since. Each rally since then has stalled below the last one, and each dip has gone deeper. Lower highs and lower lows are the textbook definition of a downtrend.
Most of the damage came in seven days. ETH fell about 16% over that span, nearly the whole monthly loss. Over 30 days the drop stands near 17%, so the coin gave back almost nothing before last week and then slid fast.
That speed matters for the setup. ETH now trades close to the bottom of its 30-day range, with little recent price history underneath to slow a further slide. The nearest resistance sits well above current levels.
Oversold Does Not Mean Bottomed
RSI, a 0 to 100 gauge of momentum, sits near 29. Readings under 30 count as oversold. They show sellers have pushed hard and fast, and that kind of stretch often sets up a relief bounce as short sellers take profits.
An oversold reading only says the drop has been steep. It does not say the drop is over. In strong downtrends, RSI can stay low for days while price keeps sliding.
Other gauges show the same thing. The MACD line, which tracks shifts in momentum, remains below its signal line, so momentum is still pointing down. Trend strength readings show sellers driving a real trend.
The last day offered a small pause. ETH ended the past 24 hours flat after a week of heavy losses. That suggests some sellers may be tiring. One quiet session does not make a reversal, though.
Where the Next Floor Sits
The nearest support sits near $1,850. That level lies about 9% below the current price. Buyers have stepped in there before.
Below that level, the data shows no mapped support. A close under that line would leave ETH without a clear floor.
Bulls face a steep climb on the other side. The first hurdle is resistance near $2,280, just under the two moving averages. Clearing it would show buyers can absorb the whale and ETF selling.
A second barrier waits around $2,400. A move above it would break the pattern of lower highs that has defined trading since October.
Two Paths From the $2,000 Area
Bullish: The oversold reading sparks a relief rally, and a daily close above first resistance opens a run at the second barrier. That would ease pressure from recent whale exits. The setup fails if ETH slips back under the round-number handle and heads for the support below.
Bearish: Whales and ETF holders keep selling, pushing ETH through the round number toward the mapped floor. This view fails if buyers reclaim first resistance on a daily close.
Sellers Still Hold the Pen
For now, the trend favors sellers. Buyers need a daily close above first resistance to change that view.
Bears still carry risk. An oversold market can snap higher fast, and a short squeeze would hit traders who sold late.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.