NFTs and metaverses

Whales Surged in the Black on Ethereum’s Triumphant Return • Happy Coin News

  • Wealthy investors in эфириум have returned to positive territory, indicating the start of a bullish rally.
  • The ETH price has a chance to rise to $2,672.
  • An RSI index in the overbought zone will signal a bearish trend.

Thanks to the April bull run эфириум was back on top, and the big began to count their profits.

Owners of crypto wallets that hold at least 100,000 ETH, worth $236,6 million at the current exchange rate, suffered unrealized losses in early 2026. However, in April they returned to positive territory thanks to an 11% increase in the coin’s value.

Profit and Loss of the Rich (Pink Chart)

A shift from losses to profits for wealthy investors traditionally heralds the start of a powerful upward trend. Such dynamics was observed, for example, in 2019 and 2020 after a protracted bearish trend that began in early 2018.

If history repeats itself, the ETH price will continue to rise. The asset’s price will likely rise to the 200-day exponential moving average, which is currently at $2,672. In this case, the RSI will be in overbought territory, leading to a reversal, and kriptovalyuta will become much cheaper again.

Ethereum price likely to change

Therefore, we should expect a repeat of the situation observed from 2019 to 2020, when the ETH price fell after a recovery. However, the coin’s price did not renew the 2018 low, so we can assume that, in a worst-case scenario, Ethereum’s price will fall to approximately $1,800 by autumn. In this case, the forecast of renowned analyst Crypto Patel, which Reported redaction Happy Coin News.

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