Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Uptober Rally: Ethereum Eyes $4,505 Breakout, XRP Whales Accumulate 250M Tokens

Uptober Rally: Ethereum Eyes $4,505 Breakout, XRP Whales Accumulate 250M Tokens

CoineditionCoinedition2025/10/01 16:00
By:Coin Edition
  • Market cap hits $4.07T, sentiment neutral with Fear & Greed 51.
  • Bitcoin nears $118,500, while Ethereum targets resistance at $4,505 ahead.
  • XRP whales bought 250M tokens, long-term holders continue steady accumulation.

The crypto market opened October on a strong note, with traders celebrating what has become known as “Uptober.” Global market capitalization has climbed to $4.07 trillion, up more than 4% in the last 24 hours, while overall sentiment is steady at neutral with the Fear & Greed Index at 51.

Bitcoin rose 3.5% on the day to trade near $118,500. Ethereum followed with a 5.6% increase, pushing above $4,380, while XRP traded at $2.97 after a 4% daily gain. Binance Coin climbed 2.4% to $1,036, and Solana posted one of the stronger moves, adding more than 6% to reach $223. Dogecoin also stood out among the top tokens with a near 10% daily surge.

Long-term holders are accumulating. Over 3,800 Bitcoin $BTC bought in the past month. pic.twitter.com/Ap3qG8SRA9

— Ali (@ali_charts) October 2, 2025

According to analyst Ali Martinez, long-term holders continue to accumulate, with more than 3,800 BTC bought in the past month. Despite the gains, technicals hint the market is close to overbought territory, with the average crypto RSI at 63.29.

US Government Shutdown – Crypto Momentum Check: Will Altcoins ETH, XRP, and SOL Ride Bitcoin’s Shutdown-Fueled Momentum?

Ethereum Price Nears Important Level

Martinez also observed$4,505 as a key resistance level for ETH, saying that a breakout above this point could trigger further upside.

Uptober Rally: Ethereum Eyes $4,505 Breakout, XRP Whales Accumulate 250M Tokens image 0 Uptober Rally: Ethereum Eyes $4,505 Breakout, XRP Whales Accumulate 250M Tokens image 1 Source: AliCharts

In the short term, Ethereum is holding strong. ETH continues to bounce from the $3,900–$4,100 area. This zone has shown strong demand, making it a crucial support level.

The next short-term resistance is in the $4,470–$4,500 range. If Bitcoin continues its breakout, Ethereum could also follow.  The recent breakout zone at $4,250–$4,280 is now likely to act as a new floor. 

XRP Whales On Buying Spree?

XRP is holding near $2.97, with strong volume and market interest. Long-term holders are accumulating, while some short-term traders face liquidation amid price volatility. 

Uptober Rally: Ethereum Eyes $4,505 Breakout, XRP Whales Accumulate 250M Tokens image 2 Uptober Rally: Ethereum Eyes $4,505 Breakout, XRP Whales Accumulate 250M Tokens image 3 Source: Alicharts

Over the past 48 hours, whales have purchased 250 million XRP. While some fear Bitcoin may have peaked, most analysts like Martinez expect further upside, which could rotate into altcoins like XRP and Ethereum.

Earlier today: XRP Price Nears Breakout as Ripple Locks 200 Million XRP in Escrow

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

$8.8 billion outflow countdown: MSTR is becoming the abandoned child of global index funds

The final result will be revealed on January 15, 2026, and the market has already started to vote with its feet.

深潮2025/11/22 11:59
$8.8 billion outflow countdown: MSTR is becoming the abandoned child of global index funds

Deconstructing DAT: Beyond mNAV, How to Identify "Real vs. Fake HODLing"?

There is only one iron rule for investing in DAT: ignore premium bubbles and only invest in those with a genuine flywheel of continuously increasing "crypto per share."

BlockBeats2025/11/22 11:24
Deconstructing DAT: Beyond mNAV, How to Identify "Real vs. Fake HODLing"?

Empowered by AI Avatars, How Does TwinX Create Immersive Interaction and a Value Closed Loop?

1. **Challenges in the Creator Economy**: Web2 content platforms suffer from issues such as opaque algorithms, non-transparent distribution, unclear commission rates, and high costs for fan migration, making it difficult for creators to control their own data and earnings. 2. **Integration of AI and Web3**: The development of AI technology, especially AI Avatar technology, combined with Web3's exploration of the creator economy, offers new solutions aimed at breaking the control of centralized platforms and reconstructing content production and value distribution. 3. **Positioning of the TwinX Platform**: TwinX is an AI-driven Web3 short video social platform that aims to reconstruct content, interaction, and value distribution through AI avatars, immersive interactions, and a decentralized value system, enabling creators to own their data and income. 4. **Core Features of TwinX**: These include AI avatar technology, which allows creators to generate a learnable, configurable, and sustainably operable "second persona", as well as a closed-loop commercialization pathway that integrates content creation, interaction, and monetization. 5. **Web3 Characteristics**: TwinX embodies the assetization and co-governance features of Web3. It utilizes blockchain to confirm and record interactive behaviors, turning user activities into traceable assets, and enables participants to engage in platform governance through tokens, thus integrating the creator economy with community governance.

BlockBeats2025/11/22 11:23
Empowered by AI Avatars, How Does TwinX Create Immersive Interaction and a Value Closed Loop?

Aster CEO explains in detail the vision of Aster privacy L1 chain, reshaping the decentralized trading experience

Aster is set to launch a privacy-focused Layer 1 (L1) public chain, along with detailed plans for token empowerment, global market expansion, and liquidity strategies.

BlockBeats2025/11/22 11:22
Aster CEO explains in detail the vision of Aster privacy L1 chain, reshaping the decentralized trading experience