[LIVE] Crypto News Today: ETH Holds Firm Above $3k As It Heads Into December- What’s Next?

Ben Graham · Segunda em 12:16

The crypto space is beginning to turn. Bitcoin (BTC) is the preferred crypto flavour of the month since it has bounced back from the lows of $88,000 to above $91,000, gobbling up liquidity across the board, highlighting how tricky weekends can be.

However, there is another key player that is not getting nearly as much attention as the crypto gold. The altcoin king, Ethereum ETH $3,162.28 2.72% Ethereum ETH Price $3,162.28 2.72% /24h Volume in 24h $23.19B Price 7d , has managed to maintain its position above the $3,000 support zone, and is currently trading at

Is this the moment when ETH rallies? On-chain data from Coinglass highlights that ETH saw inflows of $140 million on 3 December 2025, coinciding with the long-awaited Fusaka upgrade.

For now, ETH is holding up well, with its price action trading above the 20, 50, and 100-day EMAs (Exponential Moving Averages), indicating that buyers are stepping in to protect key levels.

(Source: TradingView)

The RSI is sitting at 58, hinting at more upside to come before it reaches overbought territory. If ETH manages to push above $3,270 and hold on a daily close, it would all but confirm the rally. A strong close on the 4-hour chart works as well.

However, if it fails to hold the resistance level, then the $2850–$2815 zone is where buyers may step back in. For now, the mood is cautious since weekend pumps generally fade early into the week.

$ETH continues to outperform $BTC, and the $ETHBTC chart makes that clear.
The trendline break held through a small retest, and momentum is still pointing upward.
That gives ETH a structural advantage right now.

Inside the current range I wouldn’t take trades.
Same logic as… pic.twitter.com/lc3ah02HPy

— Bishaqs (@Bishaqs) December 8, 2025

The smartest move right now is patience.

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Crypto News Today: Whales Bet $426M On ETH Rally After Fusaka Upgrade

ETH holding above $3,000 has lifted trader sentiments, as they finally move on from the continuous doomsday fears of last month, especially with the big market events lined up.

The most important of them is the Fed’s (Federal Reserve) rate cut decision coming up on 10 December 2025. Every trader in the game is currently expecting a 0.25% rate cut, which will boost the broader crypto market if it comes to pass.

BREAKING:

JPMORGAN CALLS ITS DECEMBER RATE-CUT PUSH A “PIVOTAL SHIFT” IN MONETARY POLICY, SIGNALING MORE LIQUIDITY AND A SOFTER FED INTO 2026. pic.twitter.com/z5c8I6NjJO

— Crypto Emperor (@Cryptoemperor06) December 1, 2025

While the market eagerly waits for the cut, attention has shifted to three whales who are going long on ETH. Together, they have opened up long positions worth $426 million.

The famed BitcoinOG has gone long with a $169 million position, while Anti‑CZ has stacked $194 million in ETH long bets. At the same time, pension‑usdt.eth is holding 20,000 ETH valued at around $62.5 million.

Smart whales are all unanimously going long on $ETH!#BitcoinOG(1011short), with $105M in total PNL, is long 54,277 $ETH($169.48M).

Anti-CZ whale, with $58.8M in total PNL, is long 62,156 $ETH($194M).

pension-usdt.eth, with $16.3M in total PNL, is long 20,000 $ETH($62.5M).… pic.twitter.com/idHbyTePTv

— Lookonchain (@lookonchain) December 8, 2025

Additionally, Arkham took note of another whale, 0xBADBB, who is using two different accounts to go long on ETH with $189.5 million.

THIS GUY IS LONG $300M OF CRYPTO ON 6X LEVERAGE

This whale "0xBADBB" is using 2 accounts to long a total of $314.23M of ETH, HYPE and XRP.

He is currently long:
$189.55M ETH
$79.22M XRP
$45.85M HYPE

However, he’s currently down a total of $20.46M. Will BADBB make it all back? pic.twitter.com/iIAErFAiEF

— Arkham (@arkham) December 6, 2025

In the background, BitMine has continued to double down on Ethereum. Just last week, it added another $199 million in ETH, bringing its total holdings to 3.73 million ETH, worth about $13.3 billion, cementing its position as the largest corporate holder of ETH.

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