Ethereum Price Breaks $1,900 as Whales Fuel Next ETH Rally

Ethereum Price Breaks $1,900 as Whales Fuel Next ETH Rally says Ethereum’s spot buying accelerated as Binance’s Cumulative Volume Delta (CVD) climbed. Ether rose above $1,900, supported by whale accumulation and stronger spot demand. On-chain signals showed newly created wallets buying nearly $58 million worth of ETH. Lookonchain data cited three new wallets withdrawing a combined 30,000 ETH (about $57.6 million) from Coinbase Prime within hours, suggesting assets moving toward long-term custody. BitMEX co-founder Arthur Hayes also purchased 1,293 ETH (roughly $2.5 million), extending his recent accumulation. The report frames rising Binance CVD—at a near three-month high—as evidence of sustained spot buying rather than leveraged futures-driven rallies. Technically, ETH defended $1,600, completed a double-bottom reversal, broke above the $1,850 neckline, and reclaimed the 20- and 50-day exponential moving averages, with RSI above 60. Resistance is near $2,000, while support sits around $1,850–$1,870.