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Ethereum price prediction amid ETF inflows, whale accumulation

2025-07-01 08:43:48

Main Idea

Ethereum's price is showing bullish signals due to increased ETF inflows, whale accumulation, and a growing stablecoin network, with technical analysis suggesting potential further gains.

Key Points

1. Ethereum ETF inflows surged to $283 million last week, bringing cumulative totals to $4.21 billion, with BlackRock’s ETHA and Fidelity’s FETH leading in assets under management.

2. Ethereum’s stablecoin network grew to $127 billion in adjusted transaction volume, with Tether (USDT) holding the largest market share, followed by USD Coin and Ethena’s USDe.

3. Ethereum whales have significantly increased their holdings, with addresses holding over 1 million ETH rising from 55 million in January to 63.98 million.

4. ETH balances on exchanges have declined to 7.7 million tokens, down from 9.75 million in February, indicating a shift to self-custody wallets.

5. Technical analysis shows ETH price consolidating at key moving averages, with potential to rise towards resistance levels at $2,867 and $3,000.

Description

Ethereum price has moved sideways in the past two months, even as on-chain data sends bullish signals. ETH was trading at $2,450, up by 15% from its lowest level in March. This article explains why ETH price may be on the cusp of a bullish breakout. Ethereum ETF inflows are soaring The first main bullish aspect for Ethereum is that investors are actively accumulating the coin. A good example of this is the ongoing exchange-traded funds (ETF) inflows. SoSoValue shows that these funds had inflows ...

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Altcoins Crypto Trading Ideas Ethereum
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