📉 In August 2025, $ETH Ethereum hit $4,951. $USDT Its all-time high.
Today it's trading at ~$1,630.
That's a 67% drop from the peak. In less than ten months.
But there’s one detail hardly anyone mentions: during that same period, Ethereum whales bought over $2 billion in ETH. Silently. No announcements. No tweets.
Who’s selling while the whales are buying? The fearful retail traders.
The ETH market in June 2026 shows a strange fracture: all the technical data is bearish — price below all moving averages, decreasing highs and lows, ETF outflows of $401 million just in May — but the fundamentals of the protocol haven’t budged.
The total value locked in DeFi remains stable. Gas fees are consistent. Ethereum is still the leading smart contract platform in the world.
And a catalyst is approaching that few are watching: the Glamsterdam upgrade, scheduled for Q3 2026. If developers confirm a date, the market could pivot before it arrives.
There’s a technical level that analysts point to as the line in the sand: $1,964. If ETH closes below that price sustainably, the next structural support is at $1,545.
If it holds… the story could be very different.
Whales know something the price hasn’t reflected yet. Or they could be wrong.
Which of the two scenarios are you betting on?
#Ethereum #ETH #defi #InstitutoBlockchain #FranBerlin
Today it's trading at ~$1,630.
That's a 67% drop from the peak. In less than ten months.
But there’s one detail hardly anyone mentions: during that same period, Ethereum whales bought over $2 billion in ETH. Silently. No announcements. No tweets.
Who’s selling while the whales are buying? The fearful retail traders.
The ETH market in June 2026 shows a strange fracture: all the technical data is bearish — price below all moving averages, decreasing highs and lows, ETF outflows of $401 million just in May — but the fundamentals of the protocol haven’t budged.
The total value locked in DeFi remains stable. Gas fees are consistent. Ethereum is still the leading smart contract platform in the world.
And a catalyst is approaching that few are watching: the Glamsterdam upgrade, scheduled for Q3 2026. If developers confirm a date, the market could pivot before it arrives.
There’s a technical level that analysts point to as the line in the sand: $1,964. If ETH closes below that price sustainably, the next structural support is at $1,545.
If it holds… the story could be very different.
Whales know something the price hasn’t reflected yet. Or they could be wrong.
Which of the two scenarios are you betting on?
#Ethereum #ETH #defi #InstitutoBlockchain #FranBerlin