200,000 ETH in 2 Days: Is Ethereum’s Price Ready to Pump?
2025-07-08 15:45:29
Main Idea
Ethereum (ETH) whales have accumulated 200,000 ETH, signaling potential confidence in its future performance, while market optimism and spot ETH ETF inflows support a bullish outlook.
Key Points
1. Ethereum (ETH) is currently valued just below $2,600, with whales purchasing 200,000 ETH over the weekend, worth over $515 million.
2. Whales holding between 10,000 and 100,000 ETH now own 26.88% of the total supply, often indicating confidence in future price performance.
3. Crypto community members on X are optimistic, with predictions of ETH reaching resistance levels at $3,500 and $4,200, followed by altcoin surges.
4. Increased capital inflows into spot ETH ETFs suggest strong market interest, supporting the bullish sentiment around Ethereum.
Description
TL;DR Large Ethereum investors boosted their collective holdings to nearly 27 million coins (22% of supply), signaling strong confidence in the asset’s future trajectory. The whale activity, paired with rising ETF inflows and decreasing exchange balances, suggests reduced sell pressure and growing demand: conditions that could pave the way for ETH’s next potential rally. Whales on the Move Ethereum (ETH), which posted significant gains in May and the beginning of June, has recently taken its foo...
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- 200,000 ETH in 2 Days: Is Ethereum’s Price Ready to Pump?2025-07-08 15:45:29