The crypto space is beginning to turn. Bitcoin (BTC) is the preferred crypto flavour of the month since it has bounced back from the lows of $88,000 to above $91,000, gobbling up liquidity across the board, highlighting how tricky weekends can be. However, there is another key player that is not getting nearly as much attention as the crypto gold. The altcoin king, Ethereum ETH $3,162.28 2.72% Ethereum ETH Price $3,162.28 2.72% /24h Volume in 24h $23.19B Price 7d , has managed to maintain its position above the $3,000 support zone, and is currently trading at Market Cap 24h 7d 30d 1y All Time Is this the moment when ETH rallies? On-chain data from Coinglass highlights that ETH saw inflows of $140 million on 3 December 2025, coinciding with the long-awaited Fusaka upgrade. For now, ETH is holding up well, with its price action trading above the 20, 50, and 100-day EMAs (Exponential Moving Averages), indicating that buyers are stepping in to protect key levels. (Source: TradingView) The RSI is sitting at 58, hinting at more upside to come before it reaches overbought territory. If ETH manages to push above $3,270 and hold on a daily close, it would all but confirm the rally. A strong close on the 4-hour chart works as well. However, if it fails to hold the resistance level, then the $2850–$2815 zone is where buyers may step back in. For now, the mood is cautious since weekend pumps generally fade early into the week. $ETH continues to outperform $BTC, and the $ETHBTC chart makes that clear. The trendline break held through a small retest, and momentum is still pointing upward. That gives ETH a structural advantage right now. Inside the current range I wouldn’t take trades. Same logic as… pic.twitter.com/lc3ah02HPy — Bishaqs (@Bishaqs) December 8, 2025 The smartest move right now is patience. EXPLORE: Next 1000X Crypto – Here’s 10+ Crypto Tokens That Can Hit 1000x This Year Crypto News Today: Whales Bet $426M On ETH Rally After Fusaka Upgrade ETH holding above $3,000 has lifted trader sentiments, as they finally move on from the continuous doomsday fears of last month, especially with the big market events lined up. The most important of them is the Fed’s (Federal Reserve) rate cut decision coming up on 10 December 2025. Every trader in the game is currently expecting a 0.25% rate cut, which will boost the broader crypto market if it comes to pass. BREAKING:  JPMORGAN CALLS ITS DECEMBER RATE-CUT PUSH A “PIVOTAL SHIFT” IN MONETARY POLICY, SIGNALING MORE LIQUIDITY AND A SOFTER FED INTO 2026. pic.twitter.com/z5c8I6NjJO — Crypto Emperor (@Cryptoemperor06) December 1, 2025 While the market eagerly waits for the cut, attention has shifted to three whales who are going long on ETH. Together, they have opened up long positions worth $426 million. The famed BitcoinOG has gone long with a $169 million position, while Anti‑CZ has stacked $194 million in ETH long bets. At the same time, pension‑usdt.eth is holding 20,000 ETH valued at around $62.5 million. Smart whales are all unanimously going long on $ETH!#BitcoinOG(1011short), with $105M in total PNL, is long 54,277 $ETH($169.48M). Anti-CZ whale, with $58.8M in total PNL, is long 62,156 $ETH($194M). pension-usdt.eth, with $16.3M in total PNL, is long 20,000 $ETH($62.5M).… pic.twitter.com/idHbyTePTv — Lookonchain (@lookonchain) December 8, 2025 Additionally, Arkham took note of another whale, 0xBADBB, who is using two different accounts to go long on ETH with $189.5 million. THIS GUY IS LONG $300M OF CRYPTO ON 6X LEVERAGE This whale "0xBADBB" is using 2 accounts to long a total of $314.23M of ETH, HYPE and XRP. He is currently long:$189.55M ETH$79.22M XRP$45.85M HYPE However, he’s currently down a total of $20.46M. Will BADBB make it all back? pic.twitter.com/iIAErFAiEF — Arkham (@arkham) December 6, 2025 In the background, BitMine has continued to double down on Ethereum. Just last week, it added another $199 million in ETH, bringing its total holdings to 3.73 million ETH, worth about $13.3 billion, cementing its position as the largest corporate holder of ETH. EXPLORE: 20+ Next Crypto to Explode in 2025 There are no live updates available yet. Please check back soon! The post [LIVE] Crypto News Today: ETH Holds Firm Above $3k As It Heads Into December- What’s Next? appeared first on 99Bitcoins.The crypto space is beginning to turn. Bitcoin (BTC) is the preferred crypto flavour of the month since it has bounced back from the lows of $88,000 to above $91,000, gobbling up liquidity across the board, highlighting how tricky weekends can be. However, there is another key player that is not getting nearly as much attention as the crypto gold. The altcoin king, Ethereum ETH $3,162.28 2.72% Ethereum ETH Price $3,162.28 2.72% /24h Volume in 24h $23.19B Price 7d , has managed to maintain its position above the $3,000 support zone, and is currently trading at Market Cap 24h 7d 30d 1y All Time Is this the moment when ETH rallies? On-chain data from Coinglass highlights that ETH saw inflows of $140 million on 3 December 2025, coinciding with the long-awaited Fusaka upgrade. For now, ETH is holding up well, with its price action trading above the 20, 50, and 100-day EMAs (Exponential Moving Averages), indicating that buyers are stepping in to protect key levels. (Source: TradingView) The RSI is sitting at 58, hinting at more upside to come before it reaches overbought territory. If ETH manages to push above $3,270 and hold on a daily close, it would all but confirm the rally. A strong close on the 4-hour chart works as well. However, if it fails to hold the resistance level, then the $2850–$2815 zone is where buyers may step back in. For now, the mood is cautious since weekend pumps generally fade early into the week. $ETH continues to outperform $BTC, and the $ETHBTC chart makes that clear. The trendline break held through a small retest, and momentum is still pointing upward. That gives ETH a structural advantage right now. Inside the current range I wouldn’t take trades. Same logic as… pic.twitter.com/lc3ah02HPy — Bishaqs (@Bishaqs) December 8, 2025 The smartest move right now is patience. EXPLORE: Next 1000X Crypto – Here’s 10+ Crypto Tokens That Can Hit 1000x This Year Crypto News Today: Whales Bet $426M On ETH Rally After Fusaka Upgrade ETH holding above $3,000 has lifted trader sentiments, as they finally move on from the continuous doomsday fears of last month, especially with the big market events lined up. The most important of them is the Fed’s (Federal Reserve) rate cut decision coming up on 10 December 2025. Every trader in the game is currently expecting a 0.25% rate cut, which will boost the broader crypto market if it comes to pass. BREAKING:  JPMORGAN CALLS ITS DECEMBER RATE-CUT PUSH A “PIVOTAL SHIFT” IN MONETARY POLICY, SIGNALING MORE LIQUIDITY AND A SOFTER FED INTO 2026. pic.twitter.com/z5c8I6NjJO — Crypto Emperor (@Cryptoemperor06) December 1, 2025 While the market eagerly waits for the cut, attention has shifted to three whales who are going long on ETH. Together, they have opened up long positions worth $426 million. The famed BitcoinOG has gone long with a $169 million position, while Anti‑CZ has stacked $194 million in ETH long bets. At the same time, pension‑usdt.eth is holding 20,000 ETH valued at around $62.5 million. Smart whales are all unanimously going long on $ETH!#BitcoinOG(1011short), with $105M in total PNL, is long 54,277 $ETH($169.48M). Anti-CZ whale, with $58.8M in total PNL, is long 62,156 $ETH($194M). pension-usdt.eth, with $16.3M in total PNL, is long 20,000 $ETH($62.5M).… pic.twitter.com/idHbyTePTv — Lookonchain (@lookonchain) December 8, 2025 Additionally, Arkham took note of another whale, 0xBADBB, who is using two different accounts to go long on ETH with $189.5 million. THIS GUY IS LONG $300M OF CRYPTO ON 6X LEVERAGE This whale "0xBADBB" is using 2 accounts to long a total of $314.23M of ETH, HYPE and XRP. He is currently long:$189.55M ETH$79.22M XRP$45.85M HYPE However, he’s currently down a total of $20.46M. Will BADBB make it all back? pic.twitter.com/iIAErFAiEF — Arkham (@arkham) December 6, 2025 In the background, BitMine has continued to double down on Ethereum. Just last week, it added another $199 million in ETH, bringing its total holdings to 3.73 million ETH, worth about $13.3 billion, cementing its position as the largest corporate holder of ETH. EXPLORE: 20+ Next Crypto to Explode in 2025 There are no live updates available yet. Please check back soon! The post [LIVE] Crypto News Today: ETH Holds Firm Above $3k As It Heads Into December- What’s Next? appeared first on 99Bitcoins.

[LIVE] Crypto News Today: ETH Holds Firm Above $3k As It Heads Into December- What’s Next?

2025/12/08 20:16

The crypto space is beginning to turn. Bitcoin (BTC) is the preferred crypto flavour of the month since it has bounced back from the lows of $88,000 to above $91,000, gobbling up liquidity across the board, highlighting how tricky weekends can be.

However, there is another key player that is not getting nearly as much attention as the crypto gold. The altcoin king, Ethereum Ethereum 2.72% Ethereum Ethereum ETH Price $3,162.28 2.72% /24h Volume in 24h $23.19B Price 7d , has managed to maintain its position above the $3,000 support zone, and is currently trading at

Market Cap
24h 7d 30d 1y All Time

Is this the moment when ETH rallies? On-chain data from Coinglass highlights that ETH saw inflows of $140 million on 3 December 2025, coinciding with the long-awaited Fusaka upgrade.

For now, ETH is holding up well, with its price action trading above the 20, 50, and 100-day EMAs (Exponential Moving Averages), indicating that buyers are stepping in to protect key levels.

(Source: TradingView)

The RSI is sitting at 58, hinting at more upside to come before it reaches overbought territory. If ETH manages to push above $3,270 and hold on a daily close, it would all but confirm the rally. A strong close on the 4-hour chart works as well.

However, if it fails to hold the resistance level, then the $2850–$2815 zone is where buyers may step back in. For now, the mood is cautious since weekend pumps generally fade early into the week.

The smartest move right now is patience.

EXPLORE: Next 1000X Crypto – Here’s 10+ Crypto Tokens That Can Hit 1000x This Year

Crypto News Today: Whales Bet $426M On ETH Rally After Fusaka Upgrade

ETH holding above $3,000 has lifted trader sentiments, as they finally move on from the continuous doomsday fears of last month, especially with the big market events lined up.

The most important of them is the Fed’s (Federal Reserve) rate cut decision coming up on 10 December 2025. Every trader in the game is currently expecting a 0.25% rate cut, which will boost the broader crypto market if it comes to pass.

While the market eagerly waits for the cut, attention has shifted to three whales who are going long on ETH. Together, they have opened up long positions worth $426 million.

The famed BitcoinOG has gone long with a $169 million position, while Anti‑CZ has stacked $194 million in ETH long bets. At the same time, pension‑usdt.eth is holding 20,000 ETH valued at around $62.5 million.

Additionally, Arkham took note of another whale, 0xBADBB, who is using two different accounts to go long on ETH with $189.5 million.

In the background, BitMine has continued to double down on Ethereum. Just last week, it added another $199 million in ETH, bringing its total holdings to 3.73 million ETH, worth about $13.3 billion, cementing its position as the largest corporate holder of ETH.

EXPLORE: 20+ Next Crypto to Explode in 2025

There are no live updates available yet. Please check back soon!

The post [LIVE] Crypto News Today: ETH Holds Firm Above $3k As It Heads Into December- What’s Next? appeared first on 99Bitcoins.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Why Digitap ($TAP) is the Best Crypto Presale December Follow-Up

Why Digitap ($TAP) is the Best Crypto Presale December Follow-Up

The post Why Digitap ($TAP) is the Best Crypto Presale December Follow-Up appeared on BitcoinEthereumNews.com. Crypto Projects Hyperliquid’s HYPE has seen another disappointing week. The token struggled to hold the $30-$32 price range after 9.9M tokens were unlocked and added to the circulating supply. Many traders are now watching whether HYPE will reclaim the $35 area as support or break down further towards the high $20s. Unlike Hyperliquid, whose trading volume is shrinking, Digitap ($TAP), a rising crypto presale project, has already raised over $2 million in just weeks. This is all thanks to its live omnibank app that combines crypto and fiat tools in a single, seamless account. While popular altcoins stall, whales are channeling capital into early-stage opportunities. This shift is shaping discussions on the best altcoins to buy now in the current market dynamics. Hyperliquid Spot Trades Clustered Between the Low and Mid $30s HYPE price closed the week with an 11% loss. This is because a significant portion of its spot trades are clustered between the low and mid $30s. This leaves the token with a multi-billion-dollar fully diluted valuation on its daily trading volume. Source: CoinMarketCap Moreover, HYPE’s daily RSI is still stuck above $40s, while the short-term averages are continually dropping. This shows an indecisiveness, where the bears and the bulls don’t have clear control of the market. Additionally, roughly 2.6% of the circulating supply is in circulation. After unlocking 9.9M tokens, the Hyperliquid team spent over $600 million on buybacks. This amount often buys only a few million tokens a day. That steady demand is quite small compared to the 9.9 million tokens that were released. This has left the HYPE market with an oversupply. Many HYPE holders are now rotating capital into crypto presale projects, like Digitap, that offer immediate upside. HYPE Market Sentiments Shows Mixed Signals Traders are now projecting mixed sentiments for the token. Some…
Share
BitcoinEthereumNews2025/12/08 22:17