Ethereum Price Today, November 13, 2025: ETH Climbs Back Toward $3,500 as Whale Buying and Fusaka Upgrade Hype Meet Macro Relief

Ethereum is trading back around the $3,500 mark today, Thursday 13 November 2025, shaking off yesterday’s nerves from ETF outflows and a dip below key support. Across major price trackers, ETH is changing hands in roughly the $3,450–$3,550 range, up around 2–3% over the last 24 hours, depending on the data source and time of snapshot. ^[1]

At the same time, macro relief from the end of a 43‑day U.S. government shutdown, a $120 million buy signal from a mega ETH whale, and mounting excitement over December’s Fusaka network upgrade are all feeding into today’s move. ^[2]

Below is a detailed, news‑style rundown of where Ethereum stands today and what’s driving the price action.

Ethereum price today (13.11.2025)

Market data from Binance pair ETH/USD shows Ethereum trading around $3,490–$3,520 this morning, with a daily range near $3,380 (low) to about $3,565 (high) and a gain of roughly 2.27% over the last 24 hours. ^[3]

Other live feeds broadly agree:

Crypto.news lists ETH at around $3,465–$3,510 in its morning market update. ^[4]
ABP Live’s daily crypto wrap shows ETH at $3,548.36, up 3.07% on the day. ^[5]
Indonesian exchange and news outlet Pintu reports Ethereum at approximately $3,459, up 1.20% in 24 hours on its local market dashboard. ^[6]

The precise print depends on the exchange and timestamp, but the story is consistent: ETH has bounced from yesterday’s lows and is holding around the mid‑$3,000s, roughly $3.5k at press time.

How ETH is performing vs the rest of crypto

Bitcoin (BTC) is struggling just below $104,000, either flat or slightly negative on the day across different data providers. ^[7]
XRP and several large‑cap altcoins are modestly green.
The total crypto market cap sits around $3.49–$3.5 trillion, edging higher after a small overnight dip. ^[8]

Sentiment, however, hasn’t flipped to euphoria. Crypto’s Fear & Greed Index is stuck in “extreme fear” territory around 15, its lowest reading since April, according to today’s crypto market note from Crypto.news. ^[9]

The story behind today’s ETH move

1. Relief rally after the longest U.S. government shutdown in history ends

The biggest macro headline hanging over markets this month has been the 43‑day U.S. government shutdown, which started on October 1 and froze key economic data releases and regulatory processes. ^[10]

On November 12, that shutdown finally ended when President Donald Trump signed a temporary budget approved by the House. This reopened federal agencies and restored the flow of macro data that large traders rely on. ^[11]

Crypto.news notes several consequences of the shutdown that help explain the volatility we’ve seen in ETH over the past month: ^[12]

Treasury repo rates spiked as banks hoarded cash.
Key economic indicators (CPI, PPI, retail sales, jobs data) were delayed, forcing the Fed into a “data‑dependent” holding pattern.
Odds of a December rate cut dropped sharply, cooling risk appetite.
Crypto’s correlation with the Nasdaq climbed to about 0.88, as institutions reduced exposure.

Now that the shutdown has ended, markets finally have some clarity, even if it’s only a temporary budget deal. That’s giving risk assets like Ethereum a modest relief rally today — not a full risk‑on party, but enough to push ETH back above the $3,400–$3,450 band that was tested yesterday.

2. From $362M in liquidations to a mega‑whale buy signal

If today feels like a bounce, that’s because yesterday was brutal.

A data feed from CryptoRank, summarizing a CoinEdition report, highlights a $362 million wipe‑out in leveraged crypto positions within four hours, triggered by Ethereum’s sharp slide below $3,400 for the first time this month. ^[13]

Ethereum’s drop below that psychological level sparked:

One of the heaviest liquidation waves of the quarter.
A sudden “risk‑off” move linked to broader jitters, including SoftBank’s Nvidia share sale and ongoing uncertainty around the shutdown vote in Washington. ^[14]

Less than a day later, one of the loudest on‑chain signals flipped in the other direction.

A fresh report from Coinspeaker shows that a major Ethereum whale — tracked as “66kETHBorrow” — has: ^[15]

Accumulated 385,718 ETH, worth roughly $1.33 billion.
Borrowed another $120 million in USDT from Aave and deposited it to Binance, likely preparing to buy even more ETH.
Joined the broader market in cheering the U.S. government’s reopening, as global crypto market cap nudged up to about $3.5 trillion.

In the same piece, Coinspeaker notes ETH is trading around $3,540, up 2.9% on the day, aligning with the rebound we’re seeing across other data sources. ^[16]

Why it matters:
Big whales don’t always get it right, but such a nine‑figure bet right after a liquidation washout is exactly the kind of “buy‑the‑dip” behavior that can stabilize price around key supports — in this case, the mid‑$3,000s.

3. ETF outflows, zero‑flow days and a cautious wall of money

Despite today’s bounce, the ETF and on‑chain backdrop shows that big money is still cautious on Ethereum.

Yesterday’s picture (Nov 12)
A detailed analysis from Crypto.news points out that on November 11, U.S. spot Ethereum ETFs saw around $107 million in net outflows, while Bitcoin ETFs attracted roughly $532 million in inflows. At the same time: ^[17]

Ethereum was trading near $3,448, about 30% below its August all‑time high near $4,946.
DEX volumes and DeFi TVL on Ethereum had been sliding for months — DEX volume dropping from $128B in August to $99B in October, and total DeFi TVL falling from ~$85B to ~$75B.
Derivatives volumes and open interest were also ticking lower, signaling reduced speculative interest.

Today’s localized view (Nov 13)
Pintu’s market note, also published today, echoes those ETF concerns, citing $107 million in spot ETH ETF outflows and estimating total net assets in these funds at about $22.48 billion, with all nine U.S. ETFs seeing no inflows over the period examined. ^[18]

Earlier this week, a flow summary from Bitget News highlighted that on November 10, Bitcoin spot ETFs saw $1.2M in inflows, while Ethereum spot ETFs recorded zero flows, even as Solana ETFs attracted about $6.8M. ^[19]

Complementing this, a deeper macro explainer from Ki‑Ecke describes how Bitcoin and Ethereum funds shed about $1.17 billion in a single week earlier this quarter as traders reacted to shifting rate‑cut expectations and an October flash crash. ^[20]

The takeaway:

The ETF crowd isn’t dumping ETH today, but it’s not rushing back in either.
Bitcoin and newer narratives like Solana still look more attractive to some ETF investors.
That helps explain why ETH, despite today’s bounce, remains well below the $4,000–$5,000 zone it flirted with earlier in the year.

4. Corporate ETH treasuries and the Fusaka upgrade keep long‑term bulls in the game

Short‑term flows may be cautious, but some institutions are leaning into Ethereum in a big way.

Corporate treasury: SharpLink’s $3B ETH‑heavy balance sheet

A new report from BeInCrypto on sports‑betting tech firm SharpLink Gaming shows how one public company has essentially turned Ethereum into a core treasury asset: ^[21]

Q3 2025 revenue surged 1,100% year‑on‑year to $10.8 million.
Net income flipped to a $104.3 million profit, driven largely by its ETH‑centric strategy.
SharpLink’s ETH holdings rose to 861,251 ETH by November 9, part of nearly $3 billion in crypto assets.
The company has committed $200 million of ETH to Consensys’ Linea Layer‑2 via ether.fi and EigenCloud, using staking and re‑staking to earn additional yield.

It’s a high‑beta strategy, but it underscores a key point: some corporates now treat Ethereum not just as a speculative asset, but as a yield‑generating treasury reserve and infrastructure bet.

Fusaka upgrade: the next big Ethereum catalyst

On the protocol side, attention is turning to Fusaka, a highly anticipated Ethereum upgrade slated to go live on December 3, 2025.

A deep dive from CaptainAltcoin, published today, explains that Fusaka will introduce PeerDAS (Peer Data Availability Sampling) and Verkle Trees — upgrades designed to: ^[22]

Expand Ethereum’s effective gas capacity from roughly 45 million to about 150 million, allowing far more data to be processed per block.
Make it easier and cheaper for Layer‑2 rollups (Arbitrum, Base, Optimism and others) to settle transactions on Ethereum.
Improve storage efficiency and verification, potentially lowering costs for users and developers.

Pintu’s price note also leans heavily on Fusaka as a bullish narrative, framing the upgrade as a potential “milestone” that could trigger a price surge if execution goes smoothly. ^[23]

Bottom line:
Even as ETF flows wobble and DeFi activity softens, long‑term Ethereum theses — scaling, rollup economics, and RWA tokenization — are alive and well, which is part of why dips in the low‑$3,000s keep attracting buyers.

Key Ethereum price levels to watch today

Several reputable analyses published today and yesterday line up around a similar set of support and resistance zones.

Immediate supports

$3,450 zone:
Pintu describes ETH as “testing the critical support zone around $3,450,” warning that a clean break below could pressure the uptrend. ^[24]
$3,300 – “last line” near‑term support:
- Pintu and Crypto.news both highlight $3,300 as a crucial level; losing it would open the door to new monthly lows in the $3,150–$3,200 area. ^[25]
- In yesterday’s analysis, Crypto.news explicitly warned that if ETH falls through $3,300, the next support band sits around $3,150–$3,200. ^[26]
$3,200 and below:
Pintu calls $3,200 “very important” for traders; a break under that would signal deeper downside risk. ^[27]

From a pure price‑history perspective, Twelve Data’s Binance chart shows that over the last ten trading days ETH has: ^[28]

Closed as low as $3,290 (Nov 4) after spiking near $4,100–$4,200 in late October.
Repeatedly bounced in the $3,300–$3,400 range, reinforcing this zone as a major battlefield between bulls and bears.

Overhead resistance

An in‑depth technical breakdown from Altcoin Buzz, also dated today, puts some numbers on the topside: ^[29]

Support 1 (EMA100): ~$3,350
Support 2 (lower Bollinger band): ~$3,280
Resistance 1 (EMA50): ~$3,550
Resistance 2 (upper Bollinger band): ~$3,700

Their analysis notes ETH is trading around $3,533, just under the 50‑day EMA, with momentum indicators still leaning slightly bearish. A failure to reclaim $3,550–$3,700 cleanly could leave the door open for another leg lower toward $3,221, a key Fibonacci level. ^[30]

Pintu’s technicians also point to $3,500 as a pivot: breaking and holding that level would “signal a transition to a bullish trend,” while rejection leaves ETH stuck in a choppy, sideways‑to‑down range. ^[31]

In practical terms for today:

Bulls want: daily close above $3,500, ideally chewing through $3,550 and starting to attack $3,700.
Bears want: a push back below $3,450, followed by a clean break of $3,300 to reset the trend lower.

Short‑term Ethereum price predictions (not financial advice)

Analysts and models are divided, which is exactly what you’d expect near a big macro turning point and a major protocol upgrade.

Quant models: modest upside into next week

Price‑prediction platform CoinCodex estimates that ETH could climb to about $3,814.97 by November 18, 2025, a gain of roughly 10.37% from today’s levels. Their model notes that ETH has outperformed the broader market over the last 24 hours and gained about 3% against BTC, hinting at a slight relative‑strength pickup. ^[32]

Of course, they also plaster the page with disclaimers reminding readers that these are statistical forecasts, not guarantees — something worth repeating here.

Fundamental bulls: RWAs, BlackRock & a $4,700 target

A separate analysis on Cryptonews ties Ethereum’s long‑term upside to its lead in tokenized real‑world assets (RWAs) and growing Wall Street adoption. ^[33]

Key points from that piece:

BlackRock’s BUIDL fund tokenizes U.S. Treasury bonds directly on Ethereum, using the network as a base layer for institutional yield products.
A wave of RWA products has pushed tokenized assets on Ethereum above $200 billion in value locked, according to data cited in the article. ^[34]
The author argues that a clean breakout above $3,700 after the shutdown could eventually send ETH toward a $4,700 technical target, assuming macro conditions cooperate. ^[35]

This is a bullish scenario, but it leans heavily on:

ETF approvals resuming post‑shutdown,
sustained institutional adoption of tokenization, and
a successful Fusaka upgrade in December.

Technical caution: downside risk still very real

Balancing that optimism, both Altcoin Buzz and Crypto.news highlight that momentum is still fragile: ^[36]

ETH is 30% below its August ATH, and
On‑chain activity (DEX volumes, TVL) has been trending lower for months.

Altcoin Buzz explicitly warns that loss of $3,350 followed by $3,221 could trigger another strong sell‑off, while Crypto.news sees a potential slide toward $3,150–$3,200 if today’s support fails. ^[37]

What this means for traders and long‑term holders today

Quick reminder: none of this is investment advice. It’s a synthesis of today’s news and publicly available analysis; always do your own research and use money you can afford to lose.

If you’re trading short‑term

Volatility is still elevated. A $360M liquidation event followed by whale accumulation and macro headlines is classic whipsaw territory. ^[38]
The $3,450–$3,500 band is today’s pivot; watch how price behaves around that level into the daily close. ^[39]
Many analysts are focused on $3,300 as the line that separates “choppy consolidation” from “trend turning lower.” ^[40]

In other words, this is a trader’s market, not a sleepy grind higher.

If you’re investing with a longer time horizon

Today’s headlines collectively paint a nuanced picture:

Supportive for the long‑term thesis

Growing corporate and institutional use of ETH (SharpLink’s multi‑billion‑dollar treasury, RWA products on Ethereum, mega whales accumulating). ^[41]
The approaching Fusaka upgrade that should materially improve Ethereum’s capacity and cement its role as a settlement layer for Layer‑2s. ^[42]

But still risky in the short to medium term

ETF flows that favor Bitcoin and Solana over Ethereum, at least for now. ^[43]
Falling DEX volumes and DeFi TVL, which suggest the current on‑chain economy isn’t as hot as last cycle. ^[44]
A macro backdrop where extreme fear dominates and rate‑cut odds are no longer as supportive as they looked in early autumn. ^[45]

For many long‑term holders, days like today simply reinforce a familiar rhythm: accumulation on pullbacks, with the understanding that big drawdowns are still very possible.

Quick Q&A: Ethereum price on 13 November 2025

What is Ethereum’s price today (13.11.2025)?
Depending on the source and exact time, ETH is trading around $3,450–$3,550, with most live feeds clustering near $3,500 and showing a 2–3% 24‑hour gain. ^[46]

Why is Ethereum up today?
Because:

The U.S. government shutdown ended yesterday, reducing macro uncertainty.
A massive ETH whale is preparing an additional $120M buy after accumulating more than $1.3B in ETH, signaling confidence at these levels. ^[47]
Traders are speculating on the upcoming Fusaka upgrade and a broader market recovery after a heavy liquidation flush and ETF outflows earlier this week. ^[48]

Is today a good day to buy Ethereum?
That depends entirely on your time horizon, risk tolerance, and portfolio, and only you (ideally with a qualified advisor) can answer that. What today’s news does tell you is:

Short‑term conditions are volatile and headline‑driven.
The long‑term narrative — scaling via rollups, RWAs, corporate adoption — remains intact but is not guaranteed.
There are clear technical levels to watch: support around $3,300–$3,450 and resistance near $3,550–$3,700. ^[49]

Always size positions so that a nasty surprise in either direction doesn’t wreck your broader financial plan.

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