Ethereum Price Drops to $3,200 as Whales Scoop Up $1.6 Billion Worth of ETH Amid Market Dip

Jakarta, Pintu News – Ethereum (ETH) is looking to stabilize its movement after a prolonged decline that raised concerns about its ability to recover. Throughout this month, ETH has struggled to build any meaningful upward momentum.

However, changes in investor behavior point to a potential trend shift. The easing selling pressure and aggressive accumulation activities of the whales signal the first signs of strengthening.

Then, how will Ethereum price move today?

Ethereum Price Drops 7.23% in 24 Hours

On November 14, 2025, Ethereum was trading at approximately $3,217, equivalent to IDR 54,038,205, marking a 7.23% decline over the past 24 hours. During this period, ETH reached a daily low of IDR 53,119,238 and a high of IDR 59,585,722.

As of this writing, Ethereum’s market capitalization is estimated at IDR 6,500 trillion, while its daily trading volume has surged 48%, reaching IDR 822.63 trillion in the past 24 hours.

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Ethereum Whales Show Their Strength

Whale activity is now a major factor influencing Ethereum market sentiment. Addresses holding between 1 million to 10 million ETH have accumulated nearly 460,000 ETH in the past four days.

The amount, valued at more than $1.6 billion, indicates a strong belief among large holders that Ethereum is poised for a rebound. Their behavior is often a bellwether for the direction of the broader market, and the scale of this accumulation signals a re-emergence of confidence.

This wave of buying also confirms that whales see the discounted ETH price as an opportunity, not a warning. Large purchases during periods of market weakness are often the first sign of a recovery phase.

In addition to the whale accumulation activity, Ethereum’s macro momentum also showed additional improvement. The Age Consumed metric decreased, reflecting a clear slowdown in sales by long-term holders.

This indicator tracks the movement of long coins, and smaller spikes indicate that fewer long investors are selling their holdings. This pattern is important because sales by long-term holders have historically deepened market pressure.

Reduced movement from long-dormant coins gives Ethereum room to breathe. When long-term holders choose to hold rather than distribute their supply, selling pressure is reduced, helping to stabilize price movements.

Combined with whale accumulation, these conditions create a more resilient foundation for ETH to recover when the market situation returns to favor.

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ETH Price Faces Downward Trend

As of November 13, Ethereum price was hovering around $3,540 and was attempting to break the local resistance at $3,607. ETH is still in a month-long downtrend, but the $3,607 level is the first key limit that must be recaptured for bullish momentum to re-establish.

If the aforementioned reinforcing factors continue, Ethereum has the potential to break $3,607 and continue its rise towards $3,802. Reaching such a level would help ETH challenge the existing downtrend and open up opportunities for further gains.

Conversely, if ETH fails to cross $3,607, the altcoin risks dropping back down to the support area at $3,287. Missing that level could trigger a deeper drop towards $3,131, invalidating the bullish outlook that has started to form.

FAQ

How much ETH have the Ethereum whales accumulated recently?

Ethereum whales have accumulated nearly 460,000 ETH in the past four days.

What does the decline in the Age Consumed metric show on Ethereum?

The decline in the Age Consumed metric indicates a slowdown in sales by long-term holders, which helps reduce selling pressure and stabilize prices.

What will be the impact if Ethereum fails to break the $3,607 resistance?

If Ethereum fails to break $3,607, the price could drop back to support at $3,287, and if this level doesn’t hold, it could drop even deeper to $3,131.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. Ethereum Whales Accumulation Could Help Price. Accessed on November 14, 2025