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Whales buy $50M in Ether, signaling confidence and pushing ETH toward $2,200 resistance.

Technical Signals
27 Jul 2026
Zycrypto
View Source
Bullish
pluang ai news

Large investors, or whales, have recently purchased significant amounts of Ether (ETH), with one whale spending $50.04 million to buy 25,425 ETH at around $1,968 each. Another institutional investor, Bitmine Immersion Technologies, added 10,000 ETH to its holdings, making it the largest corporate Ethereum holder globally. This renewed buying activity suggests strong institutional confidence in Ether's long-term potential, especially as ETH price shows bullish patterns and is expected to surpass the $2,200 resistance level soon. Current technical analysis supports a strong price recovery with $1,800 as key support and potential for further gains.

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