ETH 15-minute short-term surge of 0.45%: whale large-volume buying combined with key price level breakthroughs driving a slight rebound

On May 1, 2026, from 13:00 to 13:15 (UTC), ETH’s return within the 15-minute window was +0.45%, with the price oscillating upward from 2301.37 USDT to the 2315.0 USDT range, with an amplitude of 0.59%. After experiencing a significant 12% decline at the end of April, market sentiment gradually stabilized, and a technical rebound occurred in the short term.

The main drivers of this movement were large whale accounts making substantial purchases and breakthroughs of key technical levels. thomasg.eth accumulated approximately $19.5 million worth of ETH this week, completing a large purchase of $3 million in a single day, demonstrating a strong long-term holding intention. Meanwhile, another anonymous whale transferred about $9.37 million worth of ETH from a major exchange to a private wallet, reducing short-term selling pressure. Additionally, ETH’s price broke through the intraday high of $2,280.55, triggering a quantitative trading strategy to buy, which led to a short-term price rally. On-chain funds flowed from exchanges to self-custody wallets, causing a short-term market liquidity contraction, weakening selling pressure, and supporting the price increase.

Furthermore, continuous institutional capital inflows provide medium- to long-term support. The weekly net inflow into ETH spot ETFs reached $27 million, indicating institutional investors’ optimistic outlook on ETH in the medium and long term. On-chain trading volume remains high, network activity has increased, and the fundamentals remain resilient. However, the Federal Reserve maintaining an hawkish stance with interest rates at 3.5%-3.75% puts overall risk appetite under pressure, creating a resonance of bullish and bearish factors.

In the short term, attention should be paid to macro policy changes and ETF capital flow directions. Large-scale institutional outflows could trigger adjustments. ETH is currently in a converging triangle consolidation zone, with $2,280 above as a short-term key resistance and $2,300 as an important support level.