Ethereum Price Prediction 2025: ETH Dips to $3,200 on Holder Selling Frenzy, Whales Defy Losses
Ethereum has struggled to regain its recent high, with the price falling below $3,200. Despite this, the trend is down, and the number of whales is on the rise, with one of the largest players depositing more than 105 million ETH into their accounts. This move shows conviction in chaos as exchange supply declines and 700,000 ETH were recently withdrawn.
There is some disagreement among analysts about its near-term prospects, with some predicting that it could potentially rise to $5,000 by the end of 2025. As Ethereum consolidates, investors are eyeing the next big opportunity, and the presale of Earth Version 2 ($EV2) stands out as a promising contender in the GameFi space. According to a report by CryptoSlate, long-time Ethereum holders have increased their selling activity over the past three months, with addresses that have held ETH for 3 to 10 years moving or selling over 45,000 ETH per day on average.
Technical Analysis: Breakout at $3,570 or Test at $2,800?
Ethereum traders face fresh downside risks after the price fell below $3,400. The token is currently priced at $3,211, down 10% in the last 24 hours and down 21% over the last month. However, a whale just bought 19,508 ETH for $61 million and is now holding 405,238 ETH despite suffering $126 million in unrealized losses. Technical indicators show a falling wedge pattern with the MACD approaching a bullish crossover. Support is at $3,400 and resistance is at $3,570. A break above could target $3,640, but failure risks a slide to $3,260.
Derivatives activity increased, with volume rising 27.6% to $139.7 billion, while open interest fell about 7% to $37.8 billion. This mix often causes traders to close positions during the decline rather than building new leverage. Analysts at CryptoQuant note that Ethereum’s Net Taker Volume (30-day MA) is still negative, indicating that selling pressure in the futures market has eased compared to September, but sellers are still stronger than buyers.
Long-term ETH Holders Increase Selling Activity
According to a Nov. 14 post by Glassnode, long-time Ethereum holders have increased their selling activity over the past three months. This could mean that ETH may need more time to stabilize before buyers step in with confidence again. In past market cycles, ETH would only bottom when the Net Taker Volume turns positive. Until then, the market will likely go sideways or fall before forming a base.
$EV2 Presale Takes Center Stage: Top Gaming Bet for November
As the crypto market moves, pre-sales are one of the best ways to get early exposure to projects with high growth potential. Among the top pre-sales in November, the top gaming token is Earth Version 2 ($EV2). EV2 is a science fiction-based multiplayer online role-playing game that allows players to engage in various types of battles in a single game, including Survival Match, a free-to-play, high-stakes mode.
Players receive glowing dice as they battle for valuable relics, and every moment in the game is exciting and rewarding. The game integrates blockchain with traditional gaming and allows players to have real ownership of the in-game assets such as holocrons and tokens. Currently in pre-sale, $EV2 is available for $0.01, with a price increase to $0.015 over the course of the pre-sale. Over 90,000 tokens have already been sold in advance.
Final Thoughts: Bullish Nearing 2025? There are $5,000 ETH and $2 EV Waiting
In the final months of 2025, Ethereum remains range-bound below the $3,400 support price and traders are looking forward to the possibility of a possible breakout. GameFi-style presales offer a new convexity that makes it easier to get started without much effort: early movers receive 25% staking APYs before mainnet. Although Ethereum is under pressure, it appears that $EV2 is a promising project that allows gamers to diversify and invest in the early stages of Web3 projects in the GameFi sector.
For more information on Ethereum and the $EV2 presale, visit https://cryptoslate.com/ethereum-price-prediction-2025-eth-dips-to-3200-on-holder-selling-frenzy-whales-defy-losses-ev2-presale-ignites-gaming-rally/
