#ETHEREUM BOUNCES BACK: WHALES & ETF INFLOWS FUEL 46% MONTHLY SURGE

Ethereum ($ETH ) is reclaiming strength with an impressive 46% gain in May — marking its first green month in 2025 — thanks to renewed whale accumulation and strong ETF interest.

📈 Key Catalysts Behind the Rally:

Whales Added 1.12M ETH in May — The largest monthly spike since July 2022.

Addresses Holding 10K–100K $ETH jumped from 16.5M to 17.62M ETH.

Spot Ethereum ETFs saw $493.9M net inflows, with 9 straight days of positive flows.

Open Interest (OI) in ETH derivatives surged 43% to $17.53B.

Binance OI shows dominant short positions, suggesting hedging or bearish expectations.

🟢 Technical Outlook:

ETH is challenging ascending triangle support at the 14-day EMA.

Despite a minor pullback to $2,578 (-2.6%), the overall trend remains bullish.

Exchange net outflows of 114K ETH hint at spot accumulation ahead of the weekend.

Conclusion: Ethereum’s fundamentals are aligning with technical strength. Whale accumulation, ETF demand, and falling exchange reserves paint a bullish picture despite rising shorts. All eyes are on a breakout above the $2,600 zone to confirm continuation.

Drop a comment if you’re bullish on $ETH or expect a correction before lift-off.

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