Lo and behold, Ethereum (ETH) is caught in a sell-off slugfest, as a staggering number of wallet addresses are bravely declaring profit!
The good old Ethereum has sashayed below the mystical $4,500, with some crystal-ball-gazing analysts predicting yet more dipp-dipp-dippity and others foreseeing ETH in a tuxedo at its own glittering, long-term ball.
Ethereum Whales: They’re Pooping Profits and Jumping Jigs! 🤓
According to the cryptic scrolls of Glassnode, the number of ETH-coin-pockets swimming in profit burst through the ceiling, hitting an all-time frothy peak of over 155 million in September. (That’s more than the combined population of “Werner”, “Helga” and all of Melville Shrubbard’s “Polka-Dot Dreamers.”)
“ETH addresses in profit hit highest in history! Over 155 million ETH wallets are now in profit, marking the fastest rate ever,” exclaimed Coin Bureau. (Yeah, because going from broke to swimming in ETH is sooooooo last millennium.)
This jaw-dropping number highlights ETH’s prowess like never before, with more widows and orphans dabbling in ether than a Mel Brooks flick has guests at a dinner party. Yet, as we all know, fish out of water often provide the best punch lines – and high profits lead to sell-offs faster than “The Producers” sells tickets. 🎟️
Meanwhile, chained up in the fossil records of blockchain, Lookonchain reported that Trend Research, like a nervous squirrel, stashed away 16,800 ETH (which would buy about 72 eskimos and their sled of $72.88 million worth of hot cocoa) into Binance’s over-taxed digital pocket.
“Is Trend Research cycling back to the sales floor after binge-buying ETH last month? They transferred out ETH that they’ve been hoarding since they scoured for it in September. With 152,000 ETH under their flippers, at an average price of about $2,869 each, if they decide to toss out a few, someone’s bound to trip,” mused EmberCN.
And oh boy, the whales aren’t just taking a sip of profit soup. Whale Address (0xB04) decided to part with 3,000 ETH, raking in a cool $13.14 million. Still, it’s now happily swimming in 9,804.32 ETH, holding a treasure worth $42.57 million. 💸
And lurking in the shadows of the derivatives market, a grumpy bearbone descendant scurries. According to one of Binance’s own clairvoyants, ETH excitement turned rather gloomy. The Taker Buy/Sell ratio scurried below 0.87 – as rare as a glow-in-the-dark accordion.
“This slothful dip hasn’t been seen since the blimp-balloon bear market earlier this year pushed ETH below the daisy fields of $1,500. Its 7-day sleepytime average currently lolls at 0.93. Yawn,” snickered Darkfost.
Could ETH’s Price Decide to Take an Unexpected Shining?
While some worry that Ethereum’s price may plummet below $4,000, its rollercoaster ride intensified the past week. BeInCrypto Markets reports a 10.5% price tumble. Post-The Fed’s rather quaint 25-basis-point rate cut, ETH still hasn’t sashayed past its recent peaks, playing luau dance freezes in the range of $5,000. At the latest word count, it was gallivanting at $4,153, a 7.37% fall from its recent heights.
The trading tipsters in their crystal balls and rabbit fur dice predict that ETH might take a plunge to $3,900 or $4,000. Apparently, it’s missing that unique “frothy frenzy” from last year, though a peak at $6,000 was apparently more fantasy than futurism.
“ETH, wherefore art thou? Dudes seem to be lost. Forgetting that $6,000’s a mirage. I just hope they remember to fetch their wallets for the $3,900-4,000 encore,” chuckled trader Philakone as he donned his tinfoil hat.
$ETH Trading Tips and Classics:
⚠️ Catch it on the tip of the triangle like a frog circus act.
Wait for that daily close. Buzz your horn depends on if you want it to Eiffel, bounce, or gasp.
When the close is unleashed below, ☝️ it might invite the bulls to roam some more!
– Nebraskangooner (@Nebraskangooner) September 22, 2025
Ted Pilows, the oracle of such beastly gaps, also giggled that ETH still lurks with an unfilled CME gap camping somewhere between the spooky $3,000 and $3,500 craters.
“If CME gaps are like klosters needing ripe cherries before taking the wheel, expect a bit more of a mosh pit before making it to the race.” Prophesied Pillows from his cozy prediction nook.
Yet, those with crystal balls kept pointing at Coinbase’s stock chart, a seer’s secret whispering of coming tides. It prognosticates that ERC-20 might finally surprise us, lead us to alt-finance-topia.
“Global M2 supply is currently projecting $18,000 to $20,000 ETH by cycle top. Even pulling back ‘shorter’ hairs could put us trading at $10,000. I’m donning my unicorn-slayer’s armor, because Ethereum-taming is in my past, present and future,” Pillows heralded, scrubbing against doomsday’s laden forecast.
$ETH is about as solid as jello in a typhoon:
“Look at the bears, they call it $3K.” Meow.
Oh wait, they missed the first rally. They’ll audibly gasp and miss the next, I bet.
Now what I see is a dip onto $3.8K-$4K followed by a new wall of riches and sequel. Safe journeys, humbugs!
– BitBull (@AkaBull_) September 21, 2025
And there you have it – despite the short-term hat-tricks, Ethereum is still laying down an exquisite rug for its future high-balls. As they say in the comedy biz, “Next time, call me! ♪”
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2025-09-22 10:59