Brick Wolf
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Brick Wolf discusses ETH's development trends

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On January 1, 2025, $SUI tokens valued at $264 million were unlocked, representing approximately 2.81% of the total market capitalization. At the same time, 12.86 million $ENA tokens were unlocked, impacting $ENA's market performance.πŸ”
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The Trump family's project, World Liberty (WLFI), spent $16 million to acquire 4,869 ETH in a single hour. At the time, they held 32,852 ETH, valued at approximately $106 million, and held a significant amount of ETH on Coinbase. Furthermore, over the course of eight hours, WLFI spent a total of $48 million to purchase 14,403 ETH at an average price of $3,333, bringing their ETH holdings to 28,612, valued at $92.43
#WLFI #ETH
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the ETH price was $3,343.39, up approximately 1.07% from the previous period. The 24-hour high was $3,475.00 and the low was $3,226.91. Trading volume reached 232,400 ETH, with a total transaction value of 769 million USDT, indicating high market activity and liquidity.
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Ethereum price approached the key support level of $4,250. This support level was confirmed seven times in 14 days, indicating sustained buying interest and institutional confidence. The 20-day and 50-day exponential moving averages (EMAs) are at $4,347 and $4,088, respectively, further confirming that $4,250 is a key floor for Ethereum's directional movement.
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Ethereum co-founder Vitalik Buterin published an article stating that Ethereum's future lies in low-risk DeFi, not NFTs or memecoins. He compared this to Google relying on search as its primary revenue source to support all other services. By 2025, losses in Ethereum DeFi as a percentage of total locked value had fallen to almost zero, indicating that the protocol has become more secure and less risky.
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Ethereum whale trading volume surged 284%, indicating that large holders are strategically increasing their holdings. As of September 2025, the top 100 holders controlled 62% of Ethereum's ETHFI. The On Balance Volume (OBV) indicator, which measures accumulated buying pressure, surged from 9 million ETH in July 2025 to 13.5 million ETH, indicating that institutional inflows exceeded retail outflows, a bullish signal for ETH's performance.
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ETHSofia 2025 took place from September 24 to 25, 2025. The conference brought together numerous experts and professionals in the Web3 space, focusing on topics such as Web3 security, AI and blockchain, transaction technology, DeFi, and blockchain scaling.
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As of the latest price (around 3940.33 USDT), the price has seen a slight increase (up 0.16%), but remains in a generally consolidating pattern. Trading volume has fluctuated; during the decline, trading volume saw significant increases, indicating active selling; during the consolidation phase, trading volume remained relatively stable, indicating a short-term balance of forces between bulls and bears.
Key Points
Support near 3,800 USDT appears to have held, with the price rebounding after reaching this level.
Resistance near 4,000 USDT is also evident, but the price struggled to break through this level during the consolidation phase.
In summary, in the short term, ETH is in a post-dip consolidation phase, and its next move will depend on whether it can break through key resistance or support levels on sufficient volume.
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How long will it take for ETH to break through the $4,000 mark again?
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52%
One week
26%
One month
15%
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22%
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26%
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30%
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Regarding ETH price performance, as of 12:57 PM on October 18th, the real-time price of Ethereum was $3,824.14, up 0.7% over the past 24 hours. Its 24-hour trading volume was $48.26 billion, and its real-time market capitalization was $462.813 billion. It currently ranks second on CoinMarketCap.
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On the morning of October 18th, a major whale with an 84.2% swing trade win rate made another move, purchasing a total of 4,005 ETH worth approximately $15.91 million through two addresses at prices of $3,979 and $3,965, respectively. This demonstrates the whale's confidence in continued price appreciation.
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Some analysts believe Ethereum may retest its all-time high of $4,878, and some commentators point out that there is little resistance to breaking through its all-time high, suggesting a potential breakout above the $5,000 to $6,200 range in the coming months.
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πŸ’²Data shows that Ethereum smart contract deployments reached a record high in 2025, and currently fluctuate between 50,000 and 150,000 per day. This surge is attributed to factors such as the zkEVM upgrade and reduced gas fees, and institutional ETF holdings of $27.6 billion have further bolstered the Ethereum ecosystem's capital base.πŸ’²

πŸ’±In the past 24 hours, Ethereum experienced $85.3 million in liquidations, including $48.4 million in short selling, easing short-selling pressure. $3,735 is a key liquidation level; if the price breaks through this level, the cumulative short-selling intensity on major centralized exchanges will reach $1.527 billion, potentially driving the price up.πŸ’±
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πŸ“ˆETH's future trajectory hinges on a dual theme of technological iteration and ecosystem expansion. Technologically, the 2025 Pectra upgrade achieved breakthroughs such as smart contract functionality for wallets and an increase in the staking cap to 2048 ETH. The subsequent Fusaka upgrade will leverage PeerDAS technology to boost throughput to 12,000 transactions per second, further reducing Layer 2 costs. Ecosystem-wise, the total value locked in DeFi has surpassed $160 billion, with Layer 2 value locked at $32 billion. Applications like Uniswap and Aave continue to unlock value.πŸ“Š

πŸ’±Institutional entry is a key driving force. Currently, institutions hold over 12 million ETH, representing more than 10% of the circulating supply. ETF reserves and staking demand are rising simultaneously, with tightening liquidity providing support. Vitalik Buterin's three-step roadmap will also implement features such as privacy protection and cross-Layer 2 interoperability, strengthening the infrastructure's competitiveness.πŸ’±

πŸ’²In the short term, we need to be wary of market volatility and regulatory policy uncertainties. In the long term, technological upgrades, the wave of asset tokenization, and the continuous inflow of institutional funds will drive the valuation restructuring of ETH, which is expected to open up greater growth potential.πŸ’²
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