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Ethereum whales buy $322M ETH as US stablecoin law nears Senate vote, price steady near $2,300

Market News
03 May 2026
Blockonomi
View Source
Bullish
pluang ai news

Major Ethereum holders purchased over 140,000 ETH worth $322 million within four days, while the price remained stable around $2,300. Meanwhile, the US Senate is advancing the CLARITY Act, a key stablecoin regulatory bill, with a markup session scheduled for May 11 after a compromise on yield provisions. Ethereum's price faces resistance at $2,400, with potential to rise to $2,600 or $2,800 if broken, while $2,200 is a critical support level. Whale accumulation and legislative progress suggest growing market interest and potential price movement ahead.

More News (ETH)

Bitcoin dips below $66K despite Iran peace deal boosting stocks and oil prices

Bitcoin dips below $66K despite Iran peace deal boosting stocks and oil prices

Bitcoin briefly reached $67,000 but fell back below $66,000 amid cautious market reaction to the U.S.-Iran peace agreement. While traditional stocks surged, with the S&P 500 up 1.7% and Nasdaq 100 rising 3.1%, Bitcoin showed only a modest 0.3% gain. ...

Market News
Neutral
4 hours ago
Bitcoin ETFs see $64.8M outflows as investors shift to altcoin ETFs like ETH, SOL, and XRP.

Bitcoin ETFs see $64.8M outflows as investors shift to altcoin ETFs like ETH, SOL, and XRP.

On June 15, Bitcoin spot ETFs experienced $64.8 million in outflows, mainly due to Grayscale's GBTC losing $124 million in a single day. However, other Bitcoin funds gained about $59 million, partially offsetting the losses. Meanwhile, altcoin ETFs a...

Market News
Neutral
4 hours ago
Ethereum nears $1,700 as whale wallets buy 1.11M ETH amid US-Iran peace deal optimism

Ethereum nears $1,700 as whale wallets buy 1.11M ETH amid US-Iran peace deal optimism

Ethereum (ETH) price rose 2.5% to near $1,700 after whale wallets accumulated over 1.11 million ETH in a week, marking the strongest buying pace in 2026. An address linked to Arthur Hayes bought 3,000 ETH ($5.42M) following the US-Iran diplomatic agr...

Market News
Bullish
5 hours ago
Bitcoin stalls near $67K as traders await Iran deal signing and Fed decision, cautious after past false rallies.

Bitcoin stalls near $67K as traders await Iran deal signing and Fed decision, cautious after past false rallies.

Bitcoin briefly rose above $67,000 but retreated as traders remain cautious about the tentative US-Iran peace deal, which has boosted stocks and oil but not crypto. This is the third ceasefire attempt, and previous rallies quickly reversed, so invest...

Market News
Neutral
7 hours ago
Cryptocurrencies rally as Iran peace deal boosts market optimism and Bitcoin nears a potential bottom.

Cryptocurrencies rally as Iran peace deal boosts market optimism and Bitcoin nears a potential bottom.

Bitcoin, Ethereum, XRP, and Dogecoin surged following optimism around a peace deal with Iran, with Bitcoin reaching $67,248 amid increased trading volume. The global crypto market cap rose to $2.27 trillion, while stocks also hit record highs. Analys...

Market News
Bullish
9 hours ago
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