A potential coordinated move has seen more than $342 million worth of ETH scooped from exchanges, a testament to further bullish momentum for Ethereum price predictions . Such large-scale withdrawals are typically interpreted as signs of long-term holding intentions, since smart money often moves altcoins off exchanges for self-custody or strategic allocation. According to data from Lookonchain , the four newly created wallets withdrew a combined 78,229 ETH from Kraken in just 10 hours, though there are no links to known whales or institutions. Institutions keep buying $ETH ! In the past 10 hours, 4 newly created wallets withdrew 78,229 $ETH ($342M) from #Kraken . https://t.co/nVQmFXGkXr https://t.co/06YwM1TS0H https://t.co/JqRaGJgapG https://t.co/joFLOYDYHV pic.twitter.com/dDfcYP60fV — Lookonchain (@lookonchain) September 11, 2025 The accumulation comes just five days before widely expected U.S. interest rate cuts, a macro catalyst that could stimulate demand for risk assets like ETH. Ethereum Price Prediction: Is This Early Positioning For the Next Bull Run? Looking at the 4-hour chart, this whale accumulation also came hours before the breakout from a descending channel that had held Ethereum in consolidation for the past three weeks. A support trendline stretching back to early August has proven the launchpad for Ethereum’s next upward move. ETH / USD 1-day chart, descending channel breakout. Source: TradingView. Momentum signals, however, urge caution. The RSI has pushed into overbought territory near 70, often a marker of local tops as buyers exhaust short-term momentum. That said, the MACD line continues to hold a strong lead over the signal line, suggesting that the broader uptrend retains strength despite signs of a potential histogram peak. With this move, Ethereum has broken key resistance that capped upside since the start of September at $4.500, a level analysts argue is the gateway for a 10% rally toward $5,000. $4,500 is the key resistance for Ethereum $ETH . Break it, and $5,000 is next! pic.twitter.com/oPtyL72Rop — Ali (@ali_charts) September 11, 2025 If this level holds as support and $5,000 is realised, ETH enters uncharted territory with no historical resistance, opening the door to price discovery. A stronger rally, underpinned by up to 75 bps in U.S. rate cuts before year-end, could extend the Ethereum price toward $7,000 —a 55% gain from current levels. ETH Won’t Make The Most of Altcoin Season – Here’s How to Find Coins That Will With the Altcoin Season Index at 78 , the market has officially entered technical altseason . This is when fortunes are made – but only for those who act fast and back the right plays. Fresh retail liquidity is pouring in , and the difference between a 10x and a wasted cycle comes down to getting in early on the right tokens. You won’t find those returns in ETH , SOL , or any other large-cap coin. That’s exactly where Snorter ($SNORT) comes in. Built for serious traders, Snorter Bot gives you every edge to win during high-volatility alt seasons. Limit-order sniping helps you secure premium entries MEV-resistant swaps push your transactions to the front of the queue Copy trading lets you mirror the plays of top-performing wallets Rug-pull protection flags suspicious tokens before you buy Snorter Bot vs. other popular trading bots. In a market where speed and precision mean everything, Snorter puts you ahead of the pack – before the rest of the crowd even knows what’s moving. But getting in early is only half the battle. Knowing exactly when to take profits is what turns small wins into life-changing trades – and that’s where Snorter gives you the edge . Momentum is already building fast. The $SNORT presale has raised over $3.8 million , fueled by strong demand and an impressive 129% APY on staking – giving early participants the rewards they need to scale up before launch. Join the Snorter ($SNORT) presale now on the official website . You can keep up with Snorter on X (formerly Twitter) and Instagram . The post Ethereum Price Prediction: 4 Mysterious Wallets Accumulate Millions of ETH – Are Billionaires Secretly Buying ETH? appeared first on Cryptonews .
