#ETHBreaks4000
Ethereum Smashes $4K , Sets Sights on $5K–$6K
#Ethereum has roared back above the $4,000 mark — a breakout level that could pave the way for a surge past $5,000 and even toward $6,000. The rally is being powered by whale accumulation, record ETF inflows, and bold corporate treasury moves.
On-chain data reveals SharpLink Gaming scooped up another 10,975 ETH worth $42.79M in the past 24 hours, boosting its stash to a staggering 532,194 ETH (valued at $2.07B). This follows a wave of large buys in recent weeks, signaling unshaken institutional conviction. Just five hours ago, Galaxy Global Markets moved 10.98K ETH worth $41.88M, adding fuel to the accumulation trend.
ETF demand is surging. On August 7, U.S. spot Ethereum ETFs absorbed 28,120 ETH (~$222.3M net inflows), with BlackRock’s fund leading the charge.
Corporate adoption is entering beast mode. Fundamental Global, a Nasdaq-listed firm, has filed to raise up to $5B, with most of the funds earmarked for Ethereum treasury holdings. ETH’s market cap has now overtaken Exxon Mobil — $470.7B vs. $454.07B — a symbolic win cementing its status as a macro asset.
Ethereum co-founder Vitalik Buterin welcomed the rise of ETH treasury strategies for widening access but warned against turning it into an “overleveraged game.”
Prediction markets saw it coming — Polymarket traders had priced an 87% probability of ETH hitting $4K this month. Now that milestone is in the bag, momentum suggests a clean run toward $5K, with $6K on the horizon if buying pressure holds.