Ethereum Whale Redistribution Continues: Moves 5,000 ETH As Price Reclaims $3K Level

The cryptocurrency market is witnessing a recovery, with XRP Exchange Traded Funds (ETFs) experiencing significant daily inflows, while Solana ETFs have recorded notable outflows. This trend highlights XRP's growing dominance in the ETF space, as it approaches $1 billion in inflows after a streak of 13 consecutive days of positive net flows.

XRP exchange-traded funds (ETFs) are nearing a significant milestone, with total assets under management approaching $1 billion. Since their launch last month, these ETFs have experienced substantial daily inflows, making XRP the most successful new ETF entrant of 2025.

Ethereum's price has retraced from the $3,240 level and is currently testing the $3,150 support zone, a critical area for traders amid ongoing market volatility and selling pressure. Despite a modest rebound, uncertainty persists as bulls attempt to defend this level.

As the cryptocurrency market experienced a sharp bearish trend, Dogecoin's price fell below $0.15, indicating a struggle for a major rally. However, a key on-chain metric suggests that traders' sentiment is shifting towards accumulation, hinting at potential bullish behavior in the near future.

Bitcoin remains stable at around $90,000, while corporate acquisitions of Ethereum have plummeted by 81% over the last three months. Despite this decline, major ETH holders are continuing to purchase significant amounts of Ether, indicating a strategic accumulation amidst market fluctuations.

Bitcoin is currently trading around $91,000 after a minor dip, with analysts divided on the market's direction. Some believe the recent correction is a healthy reset, while others fear the onset of a new bear market. A critical price level for young long-term holders is the Realized Price of $96,956, which is seen as a psychological barrier for market stability.

The United Kingdom has officially enacted a new law that classifies cryptocurrencies as private property under English law, receiving Royal Assent on December 2, 2025. This legislation aims to provide legal clarity for the treatment of digital assets, marking a significant shift in the regulatory landscape for cryptocurrencies.

Ethereum has shown signs of accumulation, maintaining a price above $3,150 as the market transitions into a more bullish phase following a period of significant selling pressure. Recent data indicates a rise in the Cumulative Volume Delta (CVD), suggesting increased buying activity despite ongoing volatility.