ETH rises 0.65% in 15 minutes: Active buying and whale accumulation resonate to drive the rally

From April 17, 2026, 12:45 to April 17, 2026, 13:00 (UTC), ETH prices fluctuated rapidly between 2,355.76 and 2,382.28 USDT. Candlestick data showed a return of +0.65%, with an amplitude reaching 1.13%, indicating increased short-term market activity and rising attention. The market showed short-term strength, with a shift in buying and selling forces, leading to intensified volatility.
The main drivers of this anomaly were increased active buy trading volume and whales collectively accumulating 2,500 ETH within a short period. On-chain active buy volume during this period was slightly higher than sell volume, pushing the price upward; large whale addresses transferred assets from trading platforms to on-chain holdings and added to their positions, directly supporting ETH’s strength. Capital flow data showed a net outflow of 1,800 ETH from exchanges, with the overall market tending to hold or buy on dips, confirming that large holders’ behavior provided short-term price momentum.
Additionally, the number of active ETH addresses on-chain increased by 0.6% month-over-month, indicating rising trading activity and network usage, which amplified and supported short-term price movements. Meanwhile, competing chains like BNB Chain had higher activity levels than ETH, but there was no sign of capital flowing back during this period. External macro market conditions also did not show significant disruptive news. Multiple factors resonated, weakening ETH’s downward pressure and supporting the continuation of this rally.
In the short-term volatile environment, caution is needed regarding subsequent capital flows, whale position changes, and market profit-taking risks. If active buy momentum or large holder funds weaken, prices may face a pullback. Position distribution and on-chain indicators still require ongoing observation, especially key support levels and large fund anomalies. Investors are advised to closely monitor future market developments and on-chain data to prevent short-term risks from extreme volatility.