Ethereum Faces Selling Pressure as Whales Unload $17.76M ETH, Market Eyes Key Resistance Levels

Ethereum (ETH) experienced significant selling pressure on May 19, 2025, as two large holders offloaded 7,312 ETH worth $17.76 million, booking $4.49 million in profits within just three hours. This sudden sell-off triggered a 4% price drop, pushing ETH down to $2,443 and causing $158 million in Leveraged liquidations. The market is now closely watching key resistance levels between $2,460 and $2,580. A decisive breakout above this zone could propel ETH toward the $2,700-$2,780 range, but heightened whale activity suggests caution in the near term. As of the latest update, ETH is trading at $2,404.29 USDT.

Ethereum Whales Unload $17.76M ETH, Triggering Market Anxiety

Ethereum faced significant selling pressure as two large holders offloaded 7,312 ETH worth $17.76 million, booking $4.49 million in profits within three hours. The MOVE sent ETH prices down 4% to $2,443, accompanied by $158 million in leveraged liquidations.

Key resistance now looms between $2,460 and $2,580. A decisive breakout above this zone could propel ETH toward $2,700-$2,780, but whale activity suggests near-term caution dominates market sentiment.

Blockchain analytics reveal wallet 0xD20E liquidated 4,718 ETH for $11.53 million, realizing $3.18 million in gains, while 0x9BDa sold 2,594 ETH for $6.23 million. Such coordinated exits often precede heightened volatility.

Vitalik Buterin Proposes Ethereum Node History Limit to Enhance Decentralization

Ethereum co-founder Vitalik Buterin has introduced a proposal aimed at improving the efficiency and accessibility of the network’s nodes. The initiative seeks to address the growing complexity of running personal nodes, which is critical for maintaining Ethereum’s long-term health.

Buterin emphasized that full nodes, which store transaction data and validate network activity, are becoming increasingly resource-intensive. Rising storage and bandwidth requirements have pushed many users toward centralized RPC services, undermining decentralization.

The proposal underscores Ethereum’s foundational principle of decentralization. By reducing node overhead, Buterin aims to empower individual users to participate in network validation, ensuring robust and distributed infrastructure.

MOODENG on Ethereum Eyes 85% Rally as Golden Cross Forms

MOODENG, the Ethereum-based version of MOO DENG, is signaling a potential breakout with an 85% rally in sight. The token surged 15.5% to $0.000050 on May 19, marking a 180% rebound from its April low. Market capitalization now stands at $11.39 billion.

Trading volume spiked 130% to $12 million, reflecting renewed investor interest. Technical indicators show the token trading above both short- and long-term moving averages—a bullish formation known as a golden cross. Whale accumulation patterns suggest institutional players are positioning for further upside.

Vitalik Buterin Proposes Partially Stateless Ethereum Nodes to Address RPC Risks

Ethereum co-founder Vitalik Buterin has introduced a groundbreaking proposal aimed at enhancing scalability, privacy, and decentralization within the ethereum network. The concept of partially stateless nodes seeks to streamline node operations while mitigating the risks posed by centralized Remote Procedure Call (RPC) providers.

RPC services, which enable wallets and decentralized applications to interact with Ethereum without running full nodes, have become a focal point of concern. Buterin’s proposal addresses the growing dominance of these providers, which could undermine the network’s censorship-resistant ethos.

The initiative promises to make node operation more efficient, reducing reliance on third-party services and bolstering Ethereum’s foundational principles. This development marks a significant step forward in the evolution of the world’s second-largest blockchain.