🔥🔥🐋🐋Ethereum Whales Make Big Moves—$2.5Billion Scoop Signals Confidence Surge with Bullish Hype
Are Big Players Betting on a Major $ETH Breakout?🔥🔥🐋🐋
Highlights:
Ethereum Gears Up: Whale Accumulation Hits Record High Since 2018
Over 818,000 $ETH worth $2.5 Billion accumulated by whales on June 15 — the biggest one-day inflow since 2018.
$ETH is moving sideways inside a long-term range, echoing the 2017 setup that led to a 1,000% surge.
Analysts are eyeing $4,000 as a breakout target, with potential for a move toward $10,000.
#whales Are Back in Action
Ethereum addresses holding 1,000 to 10,000 ETH added 818,410 ETH in a single day, valued at $2.5 billion, per Glassnode.
This is the highest single-day accumulation since 2018, pointing to renewed conviction from large-scale investors and institutions.
Total ETH held by these whales has now climbed to over 16 million, up from 11.87 million last year.
Institutional Appetite Growing
Institutional demand is on the rise as well. ETH-based funds attracted $583 million in the week ending June 13 alone, with total inflows reaching $2.28 billion this year, according to CoinShares.
Price Setup Mirrors 2017
ETH is currently stuck between $2,150 and $3,600 while staying above its 50- and 200-week EMAs—resembling its consolidation before the 2017 bull run.
"ETH is winding up beneath resistance just like it did pre-explosion in 2017," said analyst Milkybull Crypto. While the catalysts differ today (ETFs, staking, tokenization), the structural setup is eerily similar.
Potential Price Targets
Immediate Target: $4,000 (key resistance level)
Extended Target: $10,000 if bullish momentum carries forward
