Ethereum Price Prediction: One Firm Just Bought More ETH Than Was Minted This Month – $10,000 First Target in 2025
Main Idea
A firm purchased more ETH than was minted this month, leading to a bullish Ethereum price prediction targeting $10,000 by 2025, supported by strong institutional inflows into ETH ETFs and positive market indicators.
Key Points
1. SharpLink bought 77,210 ETH (worth $295M), totaling 438,017 ETH ($1.69B), more than the 72,797 ETH minted this month.
2. Ethereum's price is $3,800, up 30% in two weeks and 59% over the last month, with a 15% year-over-year gain.
3. ETH ETFs have seen strong inflows, accounting for $28.3B in AUM, making Ethereum the second-most popular crypto after Bitcoin.
4. Technical indicators like the RSI (77) and MACD (300) suggest potential for ETH to rise above $4,000 soon.
5. A bullish case for ETH reaching $10,000 by end of 2025 is supported by continued institutional accumulation and ETF inflows.
Description
The Ethereum price is holding steady around $3,800 today, following news that gaming and investment firm SharpLink added another 77,210 ETH to its holdings. ETH is now up 30% in the past two weeks and 59% over the last month , though it’s only posted a 15% gain year-over-year . Still, SharpLink’s continued accumulation signals rising institutional demand, especially as ETH ETFs have seen strong inflows in recent weeks. When paired with Ethereum’s unmatched fundamentals, this level of buying pres...
Latest News
- Abu Dhabi’s Phoenix Group Launches $150M Bitcoin, Solana Reserve in Regional First2025-07-31 14:17:22
- 2025 Crypto Lawsuits Nearly Match Entire 2024 Total in Just Six Months, Cornerstone Research Reports2025-07-31 14:16:19
- Federal Reserve Keeps Rates at 4.25%-4.5%, September Cut Odds Drop – Crypto Bull Run Over?2025-07-31 14:15:24
- Bitcoin Price Prediction: Billionaire Investor Ray Dalio Backs Bitcoin as U.S. Prints Trillions – Best Inflation Hedge?2025-07-31 13:54:58
- Why Is Crypto Up Today? – July 31, 20252025-07-31 10:56:49