Deep Tide TechFlow news, on July 3, according to Cryptoquant analysts, Ethereum set multiple new records on-chain in June 2025, despite a lackluster price performance. The cumulative address holding reached 22.7465M ETH, a 35.97% increase from the beginning of the month, with a single-month purchase volume hitting a historical high of 6.0184M ETH. Meanwhile, the Liquid Staking scale surpassed 35.56M ETH, reaching a historical high with a monthly growth of 2.83%.

Analysis shows that these cumulative addresses are mostly institutional investors, ETFs, and large holders, with an average purchase cost of $2,114.70, currently yielding a profit of 21.29%. Lido and Binance ETH Staking have become the biggest beneficiaries among DeFi protocols.

Experts believe that despite the price not yet exploding, institutions are continuously hoarding and locking up ETH on a large scale, indicating that the market may be preparing for a significant rise.