Ethereum Price Risks New Drop If $1,800 Breaks as Vitalik Flow Hits Market

Key Insights:

• Ethereum price remains close to $1,800 as posts monitor 11,422 ETH sold this month.
• ETH price flow plan cites a 16,384 ETH target, with 4,962 ETH still left to sell.
• Ethereum price support map flags $1,584, $1,238 and $1,089 if $1,800 fails.

Ethereum price traded close to the $1800 zone as traders responded to new wallet activity. ETH price remained soft after a sharp one-month slide, as seen in today’s chart. Meanwhile, charts and on-chain posts pointed to both supply pressure and accumulation signals.

Vitalik-Linked ETH Flows Put Supply Back in Focus

A Lookonchain update revealed another sale linked to Vitalik.eth activity. The data reported that 675.88 ETH, or approximately $1.25 million, was sold in the last nine hours. It also indicated that monthly sales reached 11,422 ETH, worth about $23.33 million.

The same update mentioned a larger plan of selling 16,384 ETH. About 70% of that plan is already done, it showed. It also said 4,962 ETH, worth around $9.5 million, remained to sell.

At the same time, another Lookonchain post highlighted a large whale move. It said whale address 0x166f withdrew 20,000 ETH, which was valued at close to $38.25 million. The post said the withdrawal came from Binance and Deribit within two hours.

16,384 ETH Withdrawal Tied to Long-Term Deployment Plan

Importantly, a separate uploaded excerpt revealed the reason for the withdrawal of 16,384 ETH. The text referred to it as part of an individual share of “austerity.” It is also framed as taking on responsibilities that might have been handled elsewhere before.

The excerpt stated that the funds would be rolled out towards the goals over the next few years. It also described support for open-source, secure, and verifiable software and hardware. In addition, it listed areas such as finance, communication, and governance.

The same extract also mentioned work related to operating systems and secure hardware. Therefore, it was the mission-driven story of withdrawal rather than the market-driven story of withdrawal.

Exploration of secure decentralized staking options was also mentioned in the excerpt. It said this could see more capital from staking rewards go towards the same goals. Still, the market response was linked to timing and flow visibility.

To go along with the excerpt, a transfer screen was added that provided mechanical context. It displayed repeated movements from a wallet bearing the name “Vitalik Buterin: Gnosis Safe.”

The destination lines mention the Cow Protocol settlement over and over again. Several entries appeared minutes apart, suggesting active routing in the same window.

The transfers were of various sizes throughout the feed. Some rows showed 14.894 WETH, while others had 25.162 WETH and 45.455 WETH. Smaller values, such as 7.447 WETH, also appeared in the list.

Accumulation Addresses Rise as Whales Keep Adding ETH

Additionally, a post by Crypto Rover posted a chart showing Ethereum balance on accumulation Addresses.” The chart plotted a growing total balance line against the price of Ether. The balance curve rose steadily and then took off sharply into the latest window.

Ethereum balance on accumulation Addresses | Source: X

This chart suggested accumulation continued to grow even as prices cycled lower. It also meant that more ETH has moved into addresses that are classified as accumulation. As a result, it was used by some traders as an indication of continued long-horizon positioning.

However, the chart did not eliminate near-term downside risk. Price can still fall if sellers dominate the book. Even so, it was a counterweight to the selling headlines.

The contrast was significant because it split timeframes. Short-term flows can force prices into weak liquidity. Meanwhile, longer-term holders can continue to add, but do not alter the immediate trend.

Ethereum Price Support Levels Below $1,800

Meanwhile, Ali Charts posted an “ETH URPD” style support map for levels less than $1,800. The post had 3 major supports, $1,584, $1,238, and $1,089. The bars implied more concentrated clusters of heavier activity in those zones.

Traders will often use these levels as checkpoints during sharp moves. If Ethereum price loses $1,800, then the $1,584 zone becomes the next obvious reference. After that, $1,238 and $1,089 can come into view if the volatility expands.

This setup maintains pressure on near term support behavior. A strong defense near $1,800 can slow momentum and stabilize price action. On the other hand, a clean break can refocus traders on the next shelves mapped.

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