Ethereum Rebounds: Whale Buying & ETF Inflows Fuel 46% Monthly Surge
Ethereum (ETH) is making a strong comeback — closing May with a 46% monthly gain, its first positive month in 2025, driven by whale accumulation and rising ETF interest.
🔹 Whales Load Up
Large wallets holding 10K–100K ETH added 1.12 million ETH in May — the biggest accumulation since July 2022.
🔹 ETF Momentum Builds
U.S. spot Ethereum ETFs saw $493M in net inflows this month, including a 9-day streak of gains, signaling strong institutional interest.
🔹 Price Action & Technicals
ETH trades at $2,578, down 2.6% on the day but still holding an ascending triangle support level on the 14-day EMA.
🔹 Derivatives & Exchange Flows
Open interest (OI) in ETH futures rose 43%, hitting $17.53B
Binance shows growing short positions, possibly from whales hedging
Net exchange outflows of 114K ETH suggest growing spot demand
With global trade developments and bullish macro sentiment, Ethereum’s recent surge may signal the start of renewed investor confidence in the market.