Ethereum Price Prediction: SharpLink Restarts ETH Buys as Bulls Eye $1,750

Key Insights:

• SharpLink bought 5,000 ETH after an eight-month pause, raising its Ethereum holdings to 876,285 ETH.
• ETH whales in the 1k–10k, 10k–100k, and 100k+ groups now show negative unrealized profit ratios.
• Ethereum price analysts watch $1,750 as the next key level for a relief rally.

Ethereum price traded near a key support zone after another sharp move lower. SharpLink also restarted Ethereum accumulation with a 5,000 ETH purchase after an eight-month break.

The move placed fresh attention on Ethereum treasury demand, whale losses, and the $1,750 recovery level. Traders now watch whether ETH can hold the lower range or extend losses toward $1,450.

Ethereum Price Prediction: ETH Crypto Rebound Depends on Support Hold

Ethereum price traded near $1,570 after tapping the lower support area shown on the daily chart. The chart marks a demand zone around $1,525 to $1,569, where buyers have tried to defend the latest decline.

A recovery from this zone would put $1,747 to $1,750 back in focus. A daily close above that level could open the way toward the next resistance band near $1,873. That area now acts as the main line for any short-term Ethereum price prediction.

However, ETH needs stronger momentum. The chart also shows a lower support area near $1,414 to $1,450, which may attract attention if sellers break the current base. Until ETH clears $1,750, the market still trades inside a weak short-term structure.

SharpLink Adds 5,000 ETH After Eight-Month Pause

SharpLink received 5,000 ETH worth about $7.85 million from FalconX. The purchase ended an eight-month pause in Ethereum accumulation.

The latest buy raised SharpLink’s total holdings to 876,285 ETH, valued near $1.4 billion at market prices. The company also generated about 22,102 ETH from staking during the same period.

SharpLink’s average ETH purchase price stands near $3,609. With Ethereum price trading around $1,570, the company carries about $1.71 billion in unrealized losses on its treasury position. Its transaction history also shows large ETH moves through FalconX and Coinbase Prime.

SharpLink also joined Bitmine Immersion and Consensys founder Joseph Lubin in launching Ethlabs. SharpLink CIO Matt Sheffield described the nonprofit as part of Ethereum’s next phase of institutional adoption.

SBET Stock Moves After ETH Treasury Update

SharpLink’s SBET stock closed 3.39% lower at $4.56 on Thursday. The stock traded between $4.52 and $4.84 during the session, while monthly losses reached nearly 25%.

After the Ethereum purchase reached the market, SBET rose about 0.22% in after-hours trading. Volume reached 11.74 million shares, above the average volume of about 8 million shares.

The stock move came as Ethereum recovered from the day’s low. ETH traded near $1,580 after moving between $1,510 and $1,656 over 24 hours. Trading volume also rose 11%, showing higher activity during the rebound attempt.

ETH Whales and Futures Data Keep Traders Focused

CryptoQuant data shared by analyst Darkfost showed that several Ethereum whale groups now hold unrealized losses. The 1,000 to 10,000 ETH group posted a ratio of -0.26, while the 10,000 to 100,000 ETH group stood at -0.21.

The largest group, holding more than 100,000 ETH, also moved below break-even with a ratio of -0.05. Darkfost noted that all three cohorts entered negative territory, a setup last seen in 2019.

This data shows pressure across major ETH holders, even as Ethereum holds above the lower chart support. Past cycles placed similar whale stress near bottom zones. However, traders still need price confirmation through recovery levels.

Coinglass data showed ETH futures open interest rose 2.91% to $22.45 billion over four hours. CME open interest climbed more than 4%, while Binance open interest rose 1.69%.

Rising open interest can show stronger trader activity when price attempts a rebound. Still, Ethereum must reclaim $1,750 before bulls can target a broader relief move.

A break above $1,750 would place the $1,873 resistance zone next on the chart. If ETH loses the current support band, traders may watch the $1,450 area as the next major downside level.

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