Ethereum Whales Accumulate ETH as Institutions Join Rally
Ethereum whales and institutional investors are intensifying ETH accumulation as prices recover above $3,500. On-chain data from Lookonchain and Prime show top-tier accounts repaid loans and bought over 394,682 ETH (~$1.37B) in three days. Among them, Bitmine Immersion acquired 23,521 ETH (~$82.8M), while the largest whale bought 257,543 ETH at an average price of $3,480. Traders view the $3,000–$3,400 support range as an attractive entry point and expect ETH to rally toward $4,500–$4,800. Some analysts set longer-term targets up to $10,000 by 2025. Continued whale activity and weekly institutional buys of $200M–$300M could tighten ETH supply ahead of scalability upgrades. The Ethereum Fear & Greed Index has slipped into “fear,” indicating potential volatility. These Ethereum whales’ moves and institutional buying pressure reinforce a bullish outlook for a sustained rally.
Bullish
The sustained accumulation by Ethereum whales and institutional investors at key support levels signals strong demand, tightening ETH supply and underpinning price. In the short term, the repaid loans and large-scale purchases have boosted bullish momentum and may catalyze a breakout above $4,500–$4,800 as traders enter at $3,000–$3,400. Over the long term, continued weekly institutional buys, upcoming scalability upgrades, and growing adoption suggest persistent buying pressure, potentially driving ETH to targets of $10,000 by 2025. Furthermore, the current “fear” sentiment could amplify volatility, allowing smart money to accumulate before a sustained rally.