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Ethereum price tops $2,700 as whales invest $106M, signaling strong medium-term confidence.

Market News
21 Sep 2026
Bitcoin
View Source
Bullish
Ethereum price tops $2,700 as whales invest $106M, signaling strong medium-term confidence.

Ethereum's price surged above $2,700 for the first time since January 31, driven by two major investors who collectively poured $106.4 million into ETH over five days. One whale swapped 1,107 BTC for 34,422 ETH and staked all coins, indicating a medium-term bullish outlook. Meanwhile, another trader moved $32.17 million USDC to Binance and bought back 7,567 ETH. Despite spot Ethereum ETFs losing $140 million recently, whale activity is fueling the current rally, suggesting strong investor confidence in ETH's future.

Ethereum trades at Rp48.452.094 on Pluang, up 6.36% as of Sep 21, 2026 17:21 WIB, reflecting strong momentum alongside the whale-driven surge above $2,700. Despite a high sell order activity of 75%, typical holders keep ETH for 106 days, showing medium-term confidence. Bitcoin also gained 5.79%, priced at Rp1.502.287.093, supporting broader crypto market strength during this period.

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