{"id":47460,"date":"2025-09-14T17:16:59","date_gmt":"2025-09-14T17:16:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=47460"},"modified":"2025-09-14T17:16:59","modified_gmt":"2025-09-14T17:16:59","slug":"eth-usd-price-primes-to-retest-4700-dark-money-rotating-into-ethereum","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=47460","title":{"rendered":"ETH USD Price Primes to Retest $4,700: Dark Money Rotating into Ethereum?"},"content":{"rendered":"<div>\n<p>Analysts are highlighting ETH USD priming to retest $4,700 \u2013 and amid the upside pressure \u2013 is dark money rotating into Ethereum?<\/p>\n<p><span style=\"font-weight: 400\">A wallet tied to a $300M Coinbase scam bought $18.9M worth of Ether as ETH ripped past $4,700 Yesterday.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to Lookonchain, a crypto address linked to the \u201cCoinbase hacker\u201d campaign bought 3,976 ETH for $18.9 million on Sept. 13.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The hacker who stole $300M+ from <a href=\"https:\/\/twitter.com\/hashtag\/Coinbase?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">#Coinbase<\/a> users bought another 3,976 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$ETH<\/a>($18.9M) at $$4,756 an hour ago.<a href=\"https:\/\/t.co\/xgGLej7nrd\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/xgGLej7nrd<\/a> <a href=\"https:\/\/t.co\/WrxobUkK7k\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/WrxobUkK7k<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1966746572366262622?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">September 13, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">The purchases, made at an average price of $4,756, came as Ether pushed past the $4,700 mark.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Analysts tracking the wallet say the funds were funneled through 18.911 million DAI before being converted to ETH. Arkham Intelligence <\/span><a class=\"general-link\" href=\"https:\/\/intel.arkm.com\/explorer\/address\/0x15f4c13E0cA461e0ef23F6d35Bbeb5dCE2495879\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">data<\/span><\/a><span style=\"font-weight: 400\"> shows the wallet aggregated DAI in amounts ranging from $80,000 to $6 million before swapping.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The address has also been active recently, picking up 4,863 ETH and 649 ETH in July and around $8 million worth of Solana in August.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Blockchain investigator ZachXBT <\/span><span style=\"font-weight: 400\">estimated<\/span><span style=\"font-weight: 400\"> that the broader scheme drained at least $330 million from victims earlier this year.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">2\/ Myself and <a href=\"https:\/\/twitter.com\/tanuki42_?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">@tanuki42_<\/a> spent time reviewing Coinbase withdrawals and  gathering data from my DMs for high confidence thefts on various chains. <\/p>\n<p>Below is a table we created which shows $65M stolen from Coinbase users in Dec 2024 \u2013 Jan 2025.<\/p>\n<p>Our number is likely much lower than\u2026 <a href=\"https:\/\/t.co\/ZceQ5AggYU\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/ZceQ5AggYU<\/a><\/p>\n<p>\u2014 ZachXBT (@zachxbt) <a href=\"https:\/\/twitter.com\/zachxbt\/status\/1886411891213230114?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">February 3, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">The operation, described as a wide-scale social engineering campaign, targeted Coinbase users and has kept the wallet under close surveillance from on-chain analysts.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The timing of the latest ETH accumulation has reinforced speculation of a market rotation into Ether.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Traders noted the wallet\u2019s moves coincided with renewed momentum in ETH\/USD, adding weight to the narrative that deep-pocketed actors are shifting into the asset.<\/span><\/p>\n<h2><b>Ethereum Price Analysis: How High Could ETH Go If the $4,700 Neckline Breaks?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Ethereum is showing renewed strength, with technical signals pointing to a possible breakout that could send prices toward $5,500.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As per <\/span><a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/symbols\/ETHUSD\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Tradingview data<\/span><\/a><span style=\"font-weight: 400\">, ETH trades near $4,660, holding above its short-term moving averages on the 4-hour chart.\u00a0<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-282800\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/ETHUSD_2025-09-14_11-48-38.png\" alt=\"\" width=\"1491\" height=\"690\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/ETHUSD_2025-09-14_11-48-38.png 1491w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/ETHUSD_2025-09-14_11-48-38-300x139.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/ETHUSD_2025-09-14_11-48-38-1024x474.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/ETHUSD_2025-09-14_11-48-38-768x355.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/ETHUSD_2025-09-14_11-48-38-50x23.png 50w\" sizes=\"(max-width: 1491px) 100vw, 1491px\"><\/p>\n<p><span style=\"font-weight: 400\">(<\/span><a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/symbols\/ETHUSD\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Source \u2013 ETH USDT, TradingView<\/span><\/a><span style=\"font-weight: 400\">)<\/span><\/p>\n<p><span style=\"font-weight: 400\">The 50-EMA sits at $4,462 and the 100-EMA at $4,421, both trending upward. This setup suggests buyers remain in control despite minor pullbacks.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Recent sessions have also seen higher volume, supporting the move that lifted ETH from the $4,300 range to above $4,650 in just a few days.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The broader structure shows a recovery trend after weeks of sideways action. Short-term candles reveal brief dips followed by fresh buying, a sign of steady demand.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">If ETH holds support above the 50-EMA, momentum may continue. If not, price risks sliding back to the $4,400-$4,300 zone, where both moving averages converge.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Analyst Titan of Crypto <a class=\"general-link\" href=\"https:\/\/x.com\/Washigorira\/status\/1966884331298963895\" target=\"_blank\" rel=\"noopener nofollow\">pointed<\/a> to an Adam &amp; Eve double-bottom pattern on the daily chart.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-282799\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/unnamed-2025-09-14T114636.528.jpg\" alt=\"\" width=\"1600\" height=\"905\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/unnamed-2025-09-14T114636.528.jpg 1600w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/unnamed-2025-09-14T114636.528-300x170.jpg 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/unnamed-2025-09-14T114636.528-1024x579.jpg 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/unnamed-2025-09-14T114636.528-768x434.jpg 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/unnamed-2025-09-14T114636.528-1536x869.jpg 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/unnamed-2025-09-14T114636.528-50x28.jpg 50w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\"><\/p>\n<p><span style=\"font-weight: 400\">(<\/span><a href=\"https:\/\/twitter.com\/Washigorira\/status\/1966884331298963895\" rel=\"nofollow\" target=\"_blank\"><span style=\"font-weight: 400\">Source \u2013 X<\/span><\/a><span style=\"font-weight: 400\">)<\/span><\/p>\n<p><span style=\"font-weight: 400\">The formation combines a sharp \u201cV\u201d-shaped low with a rounded base, signaling a potential reversal. The neckline lies just below $4,700, close to current levels.<\/span><\/p>\n<p><span style=\"font-weight: 400\">A confirmed breakout above that neckline would project a measured move target of $5,500, in line with historical resistance. This adds weight to the view that Ethereum could be setting up for a more substantial rally if buying pressure holds.<\/span><\/p>\n<h2><b>What Are Derivatives Telling Us About Ethereum\u2019s Next Move?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">If Ethereum breaks above the neckline, traders could turn bullish, with $5,500 as the next target. But if it fails, the price may pull back to test how solid the recent rally really is.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Derivatives activity shows elevated positioning. CoinGlass <\/span><a href=\"https:\/\/www.coinglass.com\/currencies\/ETH\" rel=\"nofollow\" target=\"_blank\"><span style=\"font-weight: 400\">data<\/span><\/a><span style=\"font-weight: 400\"> puts ETH futures open interest near $64Bn, while funding rates last session hovered around 0.01% across major exchanges, steady, but not excessive.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-282801\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/unnamed-2025-09-14T114656.143.png\" alt=\"\" width=\"1600\" height=\"644\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/unnamed-2025-09-14T114656.143.png 1600w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/unnamed-2025-09-14T114656.143-300x121.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/unnamed-2025-09-14T114656.143-1024x412.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/unnamed-2025-09-14T114656.143-768x309.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/unnamed-2025-09-14T114656.143-1536x618.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/unnamed-2025-09-14T114656.143-50x20.png 50w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\"><\/p>\n<p><span style=\"font-weight: 400\">(<\/span><a class=\"general-link\" href=\"https:\/\/www.coinglass.com\/currencies\/ETH\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Source \u2013 Coinglass<\/span><\/a><span style=\"font-weight: 400\">)<\/span><\/p>\n<p><span style=\"font-weight: 400\">Spot ETF flows have also improved.\u00a0<\/span><span style=\"font-weight: 400\"><span style=\"margin: 0px;padding: 0px\">On Sept. 12, after several days of outflows, Farside Investors\u00a0<a class=\"general-link\" href=\"https:\/\/farside.co.uk\/eth\/\" target=\"_blank\" rel=\"noopener nofollow\">reported<\/a> net inflows into US ETH funds<\/span>, pointing to fresh institutional demand.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">9+ Best High-Risk, High-Reward Crypto to Buy in 2025<\/span><\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/eth-usd-price-primes-to-retest-4700-dark-money-rotating-into-ethereum\/\">ETH USD Price Primes to Retest $4,700: Dark Money Rotating into Ethereum?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Analysts are highlighting ETH USD priming to retest $4,700 \u2013 and amid the upside pressure \u2013 is dark money rotating into Ethereum? A wallet tied to a $300M Coinbase scam bought $18.9M worth of Ether as ETH ripped past $4,700 Yesterday. According to Lookonchain, a crypto address linked to the \u201cCoinbase hacker\u201d campaign bought 3,976 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-47460","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/47460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47460"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/47460\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}