• bitcoinBitcoin (BTC) $ 108,664.00
  • ethereumEthereum (ETH) $ 4,346.67
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.80
  • bnbBNB (BNB) $ 859.09
  • solanaSolana (SOL) $ 200.68
  • usd-coinUSDC (USDC) $ 0.999811
  • staked-etherLido Staked Ether (STETH) $ 4,335.65
  • dogecoinDogecoin (DOGE) $ 0.215294
  • tronTRON (TRX) $ 0.338583
  • cardanoCardano (ADA) $ 0.820029
  • wrapped-stethWrapped stETH (WSTETH) $ 5,255.49
  • chainlinkChainlink (LINK) $ 23.38
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 4,683.30
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 108,637.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • hyperliquidHyperliquid (HYPE) $ 43.98
  • wrapped-eethWrapped eETH (WEETH) $ 4,655.86
  • suiSui (SUI) $ 3.29
  • stellarStellar (XLM) $ 0.358369
  • bitcoin-cashBitcoin Cash (BCH) $ 545.10
  • crypto-com-chainCronos (CRO) $ 0.312224
  • avalanche-2Avalanche (AVAX) $ 23.66
  • hedera-hashgraphHedera (HBAR) $ 0.225389
  • wethWETH (WETH) $ 4,344.85
  • leo-tokenLEO Token (LEO) $ 9.50
  • litecoinLitecoin (LTC) $ 109.98
  • the-open-networkToncoin (TON) $ 3.13
  • usdsUSDS (USDS) $ 0.999579
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 108,541.00
  • whitebitWhiteBIT Coin (WBT) $ 42.23
  • uniswapUniswap (UNI) $ 9.65
  • polkadotPolkadot (DOT) $ 3.80
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.19
  • bitget-tokenBitget Token (BGB) $ 4.53
  • aaveAave (AAVE) $ 316.73
  • moneroMonero (XMR) $ 257.40
  • daiDai (DAI) $ 1.00
  • ethenaEthena (ENA) $ 0.652500
  • pepePepe (PEPE) $ 0.000010
  • mantleMantle (MNT) $ 1.18
  • okbOKB (OKB) $ 178.35
  • ethereum-classicEthereum Classic (ETC) $ 20.87
  • bittensorBittensor (TAO) $ 321.26
  • pi-networkPi Network (PI) $ 0.382780
  • nearNEAR Protocol (NEAR) $ 2.42
  • jito-staked-solJito Staked SOL (JITOSOL) $ 246.12
  • aptosAptos (APT) $ 4.30
  • ondo-financeOndo (ONDO) $ 0.904685
  • usdt0USDT0 (USDT0) $ 0.998994
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.254197
  • binance-peg-wethBinance-Peg WETH (WETH) $ 4,346.20
  • arbitrumArbitrum (ARB) $ 0.494840
  • internet-computerInternet Computer (ICP) $ 4.85
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • story-2Story (IP) $ 7.86
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • binance-staked-solBinance Staked SOL (BNSOL) $ 214.87
  • kaspaKaspa (KAS) $ 0.084746
  • vechainVeChain (VET) $ 0.024671
  • cosmosCosmos Hub (ATOM) $ 4.49
  • algorandAlgorand (ALGO) $ 0.232898
  • gatechain-tokenGate (GT) $ 16.99
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,945.97
  • susdssUSDS (SUSDS) $ 1.07
  • fasttokenFasttoken (FTN) $ 4.52
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.38
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.029862
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 4,558.35
  • render-tokenRender (RENDER) $ 3.47
  • kucoin-sharesKuCoin (KCS) $ 14.10
  • worldcoin-wldWorldcoin (WLD) $ 0.900462
  • sei-networkSei (SEI) $ 0.286265
  • bonkBonk (BONK) $ 0.000022
  • bfusdBFUSD (BFUSD) $ 0.999333
  • official-trumpOfficial Trump (TRUMP) $ 8.36
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 4,575.53
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.621818
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 44.09
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 4,690.32
  • filecoinFilecoin (FIL) $ 2.27
  • jupiter-exchange-solanaJupiter (JUP) $ 0.494921
  • flare-networksFlare (FLR) $ 0.021254
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 108,527.00
  • skySky (SKY) $ 0.063575
  • usdtbUSDtb (USDTB) $ 1.00
  • fourFour (FORM) $ 3.77
  • xdce-crowd-saleXDC Network (XDC) $ 0.079752
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999982
  • hash-2Provenance Blockchain (HASH) $ 0.028359
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 4,590.81
  • falcon-financeFalcon USD (USDF) $ 1.00
  • tether-goldTether Gold (XAUT) $ 3,455.00
  • mantle-staked-etherMantle Staked Ether (METH) $ 4,649.54
  • injective-protocolInjective (INJ) $ 12.89
  • optimismOptimism (OP) $ 0.703192
  • celestiaCelestia (TIA) $ 1.63
  • nexoNEXO (NEXO) $ 1.24
  • pump-funPump.fun (PUMP) $ 0.003412
  • wbnbWrapped BNB (WBNB) $ 859.32
  • paypal-usdPayPal USD (PYUSD) $ 0.999565
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 227.54
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997732
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 107,876.00
  • blockstackStacks (STX) $ 0.621208
  • pyth-networkPyth Network (PYTH) $ 0.190397
  • lido-daoLido DAO (LDO) $ 1.21
  • curve-dao-tokenCurve DAO (CRV) $ 0.773979
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • spx6900SPX6900 (SPX) $ 1.12
  • conflux-tokenConflux (CFX) $ 0.198571
  • sonic-3Sonic (S) $ 0.314243
  • memecoreMemeCore (M) $ 0.591557
  • aerodrome-financeAerodrome Finance (AERO) $ 1.13
  • immutable-xImmutable (IMX) $ 0.513290
  • pax-goldPAX Gold (PAXG) $ 3,463.57
  • super-oethSuper OETH (SUPEROETH) $ 4,341.91
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.12
  • the-graphThe Graph (GRT) $ 0.088953
  • msolMarinade Staked SOL (MSOL) $ 264.71
  • raydiumRaydium (RAY) $ 3.43
  • saros-financeSaros (SAROS) $ 0.350029
  • flokiFLOKI (FLOKI) $ 0.000094
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 108,739.00
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 4,315.78
  • kaiaKaia (KAIA) $ 0.148466
  • clbtcclBTC (CLBTC) $ 110,917.00
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.48
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 4,246.73
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 4,344.65
  • pendlePendle (PENDLE) $ 4.79
  • dogwifcoindogwifhat (WIF) $ 0.803136
  • vaultaVaulta (A) $ 0.495860
  • fartcoinFartcoin (FARTCOIN) $ 0.781412
  • theta-tokenTheta Network (THETA) $ 0.779586
  • tezosTezos (XTZ) $ 0.736639
  • iotaIOTA (IOTA) $ 0.192477
  • ethereum-name-serviceEthereum Name Service (ENS) $ 23.10
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.15
  • galaGALA (GALA) $ 0.016125
  • ousgOUSG (OUSG) $ 112.39
  • jito-governance-tokenJito (JTO) $ 1.93
  • loaded-lionsLoaded Lions (LION) $ 0.023394
  • jasmycoinJasmyCoin (JASMY) $ 0.014664
  • ripple-usdRipple USD (RLUSD) $ 0.999719
  • build-onBUILDon (B) $ 0.697271
  • newton-projectAB (AB) $ 0.009137
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.997689
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • stader-ethxStader ETHx (ETHX) $ 4,656.79
  • the-sandboxThe Sandbox (SAND) $ 0.271742
  • morphoMorpho (MORPHO) $ 2.00
  • zcashZcash (ZEC) $ 40.00
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 4,347.67
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 4,646.12
  • bittorrentBitTorrent (BTT) $ 0.00000066
  • tbtctBTC (TBTC) $ 108,461.00
  • flowFlow (FLOW) $ 0.395672
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 4,771.96
  • usual-usdUsual USD (USD0) $ 0.998145
  • swethSwell Ethereum (SWETH) $ 4,702.30
  • beldexBeldex (BDX) $ 0.076543
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.215293
  • global-dollarGlobal Dollar (USDG) $ 0.999759
  • walrus-2Walrus (WAL) $ 0.388600
  • decentralandDecentraland (MANA) $ 0.283046
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 108,586.00
  • vision-3Vision (VSN) $ 0.164752
  • syrupMaple Finance (SYRUP) $ 0.467511
  • bitcoin-svBitcoin SV (BSV) $ 26.06
  • ether-fiEther.fi (ETHFI) $ 1.08
  • neoNEO (NEO) $ 7.07
  • frax-etherFrax Ether (FRXETH) $ 4,316.21
  • true-usdTrueUSD (TUSD) $ 0.998640
  • starknetStarknet (STRK) $ 0.127129
  • heliumHelium (HNT) $ 2.56
  • based-brettBrett (BRETT) $ 0.047862
  • dydx-chaindYdX (DYDX) $ 0.607906
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 107,591.00
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 4,343.69
  • coredaoorgCore (CORE) $ 0.450760
  • apecoinApeCoin (APE) $ 0.567633
  • apenftAPENFT (NFT) $ 0.00000045
  • usddUSDD (USDD) $ 0.999372
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.998425
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007434
  • bybit-staked-solBybit Staked SOL (BBSOL) $ 220.79
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999914
  • sun-tokenSun Token (SUN) $ 0.022804
  • zksyncZKsync (ZK) $ 0.060191
  • savings-daiSavings Dai (SDAI) $ 1.16
  • dexeDeXe (DEXE) $ 7.62
  • telcoinTelcoin (TEL) $ 0.004659
  • thorchainTHORChain (RUNE) $ 1.20
  • arweaveArweave (AR) $ 6.41
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999805
  • instadappFluid (FLUID) $ 6.13
  • hashnote-usycCircle USYC (USYC) $ 1.10

Ethereum on Thin Ice: Will Whales Save the $1.29K Support?

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Ethereum on Thin Ice: Will Whales Save the $1.29K Support?

Ethereum experienced another shockwave from its current market price. The average price that Ethereum holders purchased their coins was $2.2K according to CryptoQuant’s on-chain data and the network currently trades below this threshold. The prevailing bearish market signal indicates most investors are facing losses due to declining prices similar to earlier market corrections.

ETH Next Major Support Level $1.29K

“The average cost basis for Ethereum holders is $2.2K. The next major support level is around $1.29K, the average cost basis of whales holding over 100K Ethereum.” – By @MAC_D46035

Read more 👇https://t.co/Fr8wZouCXu pic.twitter.com/9DL6FqZsTv

— CryptoQuant.com (@cryptoquant_com) April 7, 2025

Whales Signal Trouble: $1.29K as the Next Support

Analysis indicates that whale addresses holding over 100K ETH provide the major next support area at $1.29K which coincides precisely with their realized price. Throughout bearish periods the $1.29K level has served as a fundamental psychological as well as financial benchmark for investors. Ethereum’s price decrease might depend on this essential orange line to prevent an additional market crash.

Historical Context: Luna Crisis and ETH’s Bounce

Ethereum experienced its largest price decline to $870 during the Terra Luna collapse which took place on June 18th, 2022. The price pointed toward a possibility of recovery after reaching its most bearish point indicating that extreme bearish conditions might create conditions for price strengthening. The existing economic conditions are different now but increased whale accumulation around $1.29K might trigger a similar price pattern as in the past.

Diverging Cohorts: Smaller Holders Still in Profit

The data from the balance cohort analysis shows separate trends emerging in the prices experienced by users. Small Ethereum holders between 1K–10K ETH and 100–1K ETH as well as 10K–100K ETH maintain higher average realized prices which indicates their position is profitable or they have minimal losses. The whales who hold more than 100K ETH demonstrate a marked reduced realized price because institutions entered early while monitoring for additional price deterioration.

What’s Next for Ethereum?

The price of Ethereum currently hovers below $2K as it approaches $1.5K and upcoming weeks may become decisive. The price should recover if it continues trading above the whale holding limit of $1.29K. A failure to support prices at this level indicates Ethereum could enter a deeper price correction which may reach its 2022 lows.

Trader and investor attention should remain focused on whale activities because their upcoming decisions will determine if the coin establishes stability or collapses from its current position.

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