$129,300,000 ETH Buy Wall Identified on Binance Under Current Spot Price

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. What's next for ETH price? Ethereum reverses weekly outflows Advertisement According to Maartunn, a community analyst at on-chain crypto analytics platform CryptoQuant , a significant amount of ETH currently sits under the current cost basis. At the time of writing, Ethereum (ETH) was trading up 1.79% in the last 24 hours to $1,971 and up 7.94% weekly. According to Maartunn, 67,000 ETH worth nearly $129.3 million were accumulated just slightly below Ethereum's current price between $1,920 and $1,965, hinting at key support. HOT Stories XRP Vampirized by Leverage-Driven Pump; Bitcoin Extends 18% Gains vs. Silver; Binance Lists 5 Major Pairs, Litecoin and Zcash Too: Morning Crypto Report 'Seems Important': Ripple CTO Emeritus Reacts to DTCC News "67,000 ETH (nearly $129.3M) is stacked on Binance between $1,920 and $1,965—sitting directly under the current price," Maartunn posted on X. Advertisement 67,000 $ETH (~$129.3M) is stacked on Binance between $1,920 and $1,965 — sitting directly under the current price. pic.twitter.com/8ShBH88UjB — Maartunn (@JA_Maartun) March 3, 2026 ETH got rejected from the $2,000 level on Tuesday. Ethereum reached a high of $2,041 on Tuesday, previously hitting $2,089 the previous day. You Might Also Like Sat, 02/14/2026 - 13:05 $105,000 ETH Long Enters Profit as Ethereum Returns to $2,000 By Tomiwabold Olajide Advertisement Analysts say the recent rejection could push Ethereum toward the $1,850 to $1,900 support zone. What's next for ETH price? Ethereum broadly remained in sideways trading between $1,742 and $2,148 since the start of February, indicating a tough battle between the bulls and the bears. Buyers might need to close above $2,148, which is the resistance of the current range, to gain control. If this is done, Ethereum may rally to the 50-day SMA at $2,427 and, after that, to $3,045. You Might Also Like Mon, 03/02/2026 - 05:24 Ethereum’s Massive Slump Continues With Sixth Straight Red Month By Alex Dovbnya On the other hand, if the Ethereum price turns down from current levels, it might indicate that sideways trading may continue further. The bears might return to the driver’s seat on a close below $1,742, which clears the path for a drop to $1,537. Ethereum reverses weekly outflows According to the most recent CoinShares report, crypto exchange-traded products pulled in $1.1 billion worth of funds last week, offsetting substantial losses in the weeks before. Ethereum funds added nearly $117 million last week, the largest since mid-January. Before the prior week, crypto funds erased $4 billion over the past five weeks, according to CoinShares. There still remain signs on the market that institutional investors have not lost interest in adding crypto exposure with the recent inflows. #Ethereum #Ethereum Price Prediction #Ethereum News #Binance