A premium on Ethereum, unseen in recent times, has emerged on Coinbase, a platform primarily used by U.S. institutions and whales.
Moreover, the steady rise in buying activity, presumably from U.S. whales, is noteworthy.
Additionally, the recent inflow of funds into Ethereum spot ETFs has hit an all-time high on a daily basis, indicating that U.S. investors are aggressively accumulating Ethereum.
Currently, the market isn’t significantly overheated, suggesting a high likelihood of continued upward momentum following short-term consolidation.
While it’s not yet time to worry, if such strong movements occur multiple times in the second half of 2025, it may signal overheating, and risk management should be considered.
Written by Crypto Dan
