Ethereum (ETH) is probably the best crypto to buy right now. The whales know it and have been buying the dip. In the three days that
Ethereum
1.59%
Ethereum
ETH
Price
$1,740.99
1.59% /24h
Volume in 24h
$6.22B
Price 7d
was down, they have scooped up nearly 395,000 ETH worth $1.37 billion. This kind of buying is confidence-inspiring, especially since the altcoin king is down right now.
One of the biggest buyers had previously bought 66,000 ETH from Aave and has currently bought back over 257,000 ETH for around $896 million. Other major players include Bitmine, 7 Siblings, and OTC traders.
At the same time, newer wallets have also increased their holdings during the correction.
(Source: LookonChain)
Market hawks are closely monitoring the situation since this kind of buying generally precedes market shifts.
Whales keep accumulating $ETH — over the past 3 days, many whales have collectively bought 394,682 $ETH($1.37B).https://t.co/RhDYQM0yl6 pic.twitter.com/3qMSojTSTu
— Lookonchain (@lookonchain) November 6, 2025
At the moment, ETH is trading at , up by 2.5% in the last 24 hours. Meanwhile, technical indicators are showing a bullish trend due to the recent short liquidations and growing institutional interest.
Indian exchange CoinDCX predicts that ETH could soon hit $4,800 and possibly reach $5,000. “Backed by network scalability improvements and rising institutional adoption, Ethereum price prediction models indicate a potential 25–30% upside by late 2025,” the exchange wrote.
Meanwhile, Lacie Zhang, a research analyst at Bitget Wallet, was quoted by a publication stating that the current market mood is a “cautious calm”. She added, “If macro data trends favorably, Ethereum may approach $4,200.”
EXPLORE: New Crypto To Buy In November
Bitmine Buys $300M ETH: Can It Flip The Price Action?
Big investors are piling in and taking advantage of ETH’s current lower price point. Moreover, the current maxed-out interest in ETH might also be due to its pending Fusaka upgrade in December. Are institutions buying low cause they anticipate the price to only go up by then? We can only speculate.
One major player, Bitmine, recently bought over 400,000 ETH, worth nearly $140 million, and is reportedly buying between $200 million and $300 million in ETH every week.
Analyst Ted Pillows believes that this kind of buying could quickly tighten supply and shift market sentiments, causing the ETH to pump based on scarcity.
“A few more whales like BitMine, and the market’s tone could change overnight,” he said.
Bitmine has bought $139,670,000 in $ETH today.
Tom Lee is still buying Ethereum. pic.twitter.com/8OQpcJ7k1L
— Ted (@TedPillows) November 6, 2025
Meanwhile, Zhang sees the current ETH price consolidation as a healthy phase.
“It flushes out leverage and speculative excess, creating the foundation for long-term growth and institutional re-entry,” she explained.
EXPLORE: The 12+ Hottest Crypto Presales to Buy Right Now
Maxi Doge Presale Raises $3.9M: Best New Crypto To Buy?
Maxi Doge is flexing on all the other cryptos at this point. The roided-up Shiba, fueled by Red Bulls, has bench-pressed its way to more than $3.9 million in presales, and the presale is not even over yet.
There are still 15 hours and change remaining for those who want to 100x or, who knows, maybe even 1000x their investments. The time is ripe to get in now before MAXI gets listed. Don’t come crying later on once it’s price moonshots.
Ready to 1000x with MAXI?
Head on to the Maxi Doge presale token website and connect your wallet to pay for the tokens with ETH, BNB, USDT, USDC, or your credit card. Don’t have a wallet? Fret not.
Consider checking out Best Wallet, one of the best crypto and Bitcoin wallets in the biz at the moment, available on both the Google Play Store and the Apple App Store.
Stay in the loop, and follow Maxi Doge on X and Telegram.
Visit Maxi Doge PRESALE HereEXPLORE: 20+ Next Crypto to Explode in 2025
Key Takeaways
- Ethereum whales bought $1.37B in ETH during a three-day market dip
- Analysts expect ETH to rebound sharply, possibly targeting $10,000
- Bitmine bought over 400,000 ETH $140 million, and is buying between $200-$300 million ETH every week
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed
