Ethereum (ETH) Sees Major Accumulation by Trump’s World Liberty and Whales: Historical Pattern Hint at Upside

Date: Wed, February 12, 2025 | 08:10 AM GMT

In the cryptocurrency market today, we are witnessing bearish pressure as investors remain cautious ahead of the U.S. CPI and PPI data set to be released shortly.

Amid this, the price of Ethereum (ETH) is also facing a decline, currently down 3% today and trading above of $2,600, extending its 60-day correction to 33%.

Source: Coinmarketcap

Trump’s World Liberty Financial Leads Ethereum Accumulation

According to Lookonchain , Trump’s World Liberty Financial (WLF) has been making aggressive Ethereum purchases. Just 12 hours ago, WLF reportedly acquired 1,917 ETH, worth approximately $5 million, adding to its growing reserves.

Source: Lookonchain (X)

This strategic move aligns with previous institutional accumulation phases, which have historically preceded significant price rebounds.

Whales Are Also Diving In

On-chain data further reveals that whales are also seizing this dip to accumulate ETH. Crypto analyst @ali_charts highlighted that large investors have purchased over 600,000 ETH in the past week alone. This substantial buying activity indicates strong confidence in Ethereum’s long-term potential.

Source: @ali_charts (X)

Historical Pattern Hints at a Massive Upside

Crypto analyst @besimXcrypto recently pointed out a striking similarity between Ethereum’s 2020-2021 breakout and its current 2024-2025 price structure. The attached chart reveals that ETH is forming a symmetrical triangle, just like in 2020 before its explosive rally to $1,300.

If history repeats itself, ETH could soon break out of this consolidation phase and target $6,000+ in the coming months. The symmetrical triangle breakout pattern suggests that Ethereum is mirroring its previous cycle, reinforcing the bullish outlook.

What’s Next for Ethereum?

While short-term volatility remains due to macroeconomic factors like U.S. CPI and PPI data, the bigger picture looks promising. The ongoing accumulation by Trump’s WLF, increasing whale interest, and bullish technical patterns could set the stage for Ethereum’s next major rally.

For traders, keeping an eye on the key $2,800-$3,000 resistance zone will be crucial. If Ethereum manages to break above this range, it could trigger a strong upside move toward $4,000 and beyond.

Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before making any investment decisions.