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Ethereum rebounds to $2.4k as whales buy $12.9M amid institutional ETF selling.

Market News
17 Sep 2026
AMBCrypto
View Source
Neutral
Ethereum rebounds to $2.4k as whales buy $12.9M amid institutional ETF selling.

Ethereum briefly dropped to $2,356 after the US Senate rejected the CLARITY Act but quickly recovered to $2,444 following a positive market reaction to the Fed rate hike. Large investors, or whales, have been accumulating Ethereum, buying over 5,195 ETH worth about $12.9 million, signaling confidence in a rebound. However, institutional investors remain cautious, with Ethereum Spot ETFs seeing significant outflows totaling $224 million, led by Bitwise selling 14.3K ETH. The future price movement depends on whether institutional sentiment shifts to support the ongoing whale accumulation and market recovery.

Ethereum trades at Rp43,266,753 on Pluang as of Sep 17, 2026 18:21 WIB, showing a 1.64% gain in the last day. The market cap stands at Rp5.272,37T with a 24-hour volume of Rp272,69T. Buy orders dominate at 65%, and typical holders keep Ethereum for about 106 days, indicating steady investor interest despite mixed institutional sentiment.

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