Major

Robinhood

Momentum

<h3 id="key-highlights">Key Highlights</h3>
<ul>
 <li>Major investors acquired 11,306 ETH valued at $20.59 million, with one wallet’s holdings reaching $84.3 million</li>
 <li>Ethereum has maintained support above $1,800 for three straight days, currently trading at $1,807</li>
 <li>Exchange withdrawals have exceeded deposits for eight consecutive days — marking the longest run in 2025</li>
 <li>The newly launched Robinhood Layer-2 network utilizes ETH for transaction fees, attracting $141 million in bridged assets</li>
 <li>Ethereum commands a 47% share of the Real World Assets sector, with total value locked reaching $260 billion — surpassing ETH’s market capitalization</li>
</ul>
<p>Ethereum maintains its position near the $1,800 threshold as significant whale accumulation coincides with increased utility demand from a prominent new Layer-2 ecosystem.</p>
<p>Currently, ETH is changing hands at $1,807, representing a modest 0.26% gain over the past 24 hours. The cryptocurrency has successfully defended the $1,800 support level for three consecutive trading sessions.</p>
<figure class="wp-caption aligncenter"><img src="https://blockonomi.com/wp-content/uploads/2026/07/chart-3-1.webp" alt="Ethereum (ETH) Price" width="1824" height="1248">
 <figcaption><a href="https://www.coingecko.com/en/coins/ethereum?chart=type%3Dprice%26mode%3Dline%26timeframe%3Dd7" rel="noopener noreferrer nofollow">Ethereum (ETH) Price</a>
 </figcaption>
</figure>
<p>According to data from Onchain Lens, two substantial wallets, potentially controlled by a single entity, accumulated 6,358 ETH worth approximately $11.59 million. Additionally, another large holder extracted 4,948 ETH valued at $9.01 million from a centralized exchange, elevating that particular wallet’s total position to 49,407 ETH — currently worth $84.3 million.</p>
<p>Together, these major players secured 11,306 ETH worth $20.59 million during a concentrated buying period.</p>
<p>Prominent crypto analyst Ali Charts shared his perspective on the current market dynamics via X, stating: “I’m going LONG on Ethereum $ETH if it breaks $1,850.” This observation from Ali Charts highlights $1,850 as the critical near-term resistance level that market participants are monitoring for potential breakout confirmation.</p>
<div class="embed-x">
 <blockquote class="twitter-tweet">
  <p>I'm going LONG on Ethereum <a href="https://x.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> if itbreaks $1,850. <a href="https://t.co/eDUNoRnGzw" rel="noopener noreferrer nofollow">https://t.co/eDUNoRnGzw</a><a href="https://t.co/FWoVgAmjOJ" rel="noopener noreferrer nofollow">pic.twitter.com/FWoVgAmjOJ</a></p>
  <p>— Ali Charts (@alicharts) <a href="https://x.com/alicharts/status/2076457327675232643?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 13, 2026</a></p>
 </blockquote>
</div>
<h3 id="exchange-withdrawals-reach-2025-s-longest-consecutive-streak">Exchange Withdrawals Reach 2025’s Longest Consecutive Streak</h3>
<p>Analysis from CryptoQuant reveals that Ethereum’s Exchange Netflow indicator has remained in negative territory for eight straight days, establishing the longest sustained withdrawal pattern recorded this year.</p>
<figure class="wp-caption alignnone"><img src="https://blockonomi.com/wp-content/uploads/2026/07/Ethereum-Exchange-Netflow-Total-All-Exchanges-8-scaled-1.webp" alt="" width="2560" height="1440">
 <figcaption>
  Source: CryptoQuant
 </figcaption>
</figure>
<p>When withdrawal volumes surpass deposits on exchanges, it generally indicates that investors are transferring their assets to self-custody solutions rather than preparing to sell. This behavior effectively constrains the immediately available supply for market transactions.</p>
<p>The Exchange Supply Ratio has declined to 0.13, marking a three-week low. Historical patterns suggest this type of configuration has frequently preceded upward price movements for Ethereum.</p>
<p>The Relative Strength Index has remained positioned above the 50 threshold for eight consecutive days, aligning with the withdrawal trends to indicate sustained buying pressure in the current market environment.</p>
<h3 id="robinhood-s-new-layer-2-network-generates-additional-eth-utility">Robinhood’s New Layer-2 Network Generates Additional ETH Utility</h3>
<p>The introduction of Robinhood Chain, a recently deployed Layer-2 scaling solution, has created an additional use case for Ethereum. The network designates ETH as its primary token for transaction fees.</p>
<p>Approximately $141 million worth of ETH has been transferred to the network through bridging mechanisms. The chain has already attracted more than 500,000 active wallet addresses.</p>
<figure class="wp-caption alignnone"><img src="https://blockonomi.com/wp-content/uploads/2026/07/dex-volume.jpg" alt="" width="1075" height="755">
 <figcaption>
  Source: DeFiLlama
 </figcaption>
</figure>
<p>During the last 24-hour period, Robinhood Chain exceeded both the <a href="https://coincentral.com/ethereum-baccarat-sites/" rel="noopener noreferrer nofollow">Ethereum mainnet</a> and competing L2 solution Base in decentralized exchange trading volume, recording $877.56 million. The Robinhood platform maintains operations across 120 countries and provides access to tokenized equity products.</p>
<p>Leon Waidmann, Research Director at Lisk, emphasized that Ethereum’s Total Value Locked figure of $260 billion currently surpasses ETH’s market capitalization of $210 billion. Waidmann characterized this disparity as evidence that “ETH is underpriced.”</p>
<p>Ethereum also maintains a dominant 47% market share within the Real World Assets category, based on data compiled by Rwa.xyz.</p>
<p>Market analysts indicate that for ETH to preserve its current technical formation, the price must maintain closes above the short-term moving average positioned at $1,778.</p>
<p>The post <a href="https://blockonomi.com/ethereum-eth-surges-toward-2000-as-major-whales-accumulate-and-robinhood-chain-gains-momentum/" rel="noopener noreferrer nofollow">Ethereum (ETH) Surges Toward $2,000 as Major Whales Accumulate and Robinhood Chain Gains Momentum</a> appeared first on <a href="https://blockonomi.com" rel="noopener noreferrer nofollow">Blockonomi</a>.</p>

Ethereum (ETH) Surges Toward $2,000 as Major Whales Accumulate and Robinhood Chain Gains Momentum

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