Ethereum Whales Load Up as Open Interest Hits Yearly Highs

  • Ethereum ETFs are driving heavy market demand, while treasury companies and institutions are building long-term positions to strengthen asset support.

  • Governments are increasing crypto reserves, with retirement funds and 401(k) plans expected to bring substantial capital inflows into the Ethereum market.

  • Ethereum’s price surged 6.41% in 24 hours and 19.94% in a week, reaching $4,200 for the first time since December 2021.

Ethereum has crossed the $4,200 mark for the first time since December 2021, with market voices pointing to a setup unlike any seen before.

Analyst Sees “Massive Bull Run Setup”

Ted shared that Ethereum is entering what he believes is the most bullish stage yet. He pointed to Ethereum ETFs actively buying, creating strong demand across the market. Treasury companies are also adding positions, signaling confidence in Ethereum’s future.

https://twitter.com/TedPillows/status/1953926465000820789

He further noted that institutional investors are building positions at scale, a move he believes reflects deep belief in the asset’s growth potential. According to Ted, even governments are quietly increasing crypto reserves. He added that retirement funds, including 401(k) plans, are expected to join the market soon, bringing substantial fresh capital.

Ethereum Price Rally Gathers Pace

Satoshi Stacker reported Ethereum’s breakthrough above $4,200, a level not seen in more than two years. According to live market data, Ethereum was last recorded trading at $4,168.24, with a 24-hour volume recorded at over $38 billion.

https://twitter.com/StackerSatoshi/status/1954047564153839966

Ethereum has recorded a 6.41% gain in 24 hours, while a weekly increase went as far as 19.94%. Such an increase has placed Ethereum in the category of best-performing major cryptocurrencies this week, on the back of more robust investor activity and liquidity.

Institutional and Government Participation

The combination of ETF purchases, corporate treasury accumulation, and government holdings points to broad-based market participation. Analysts suggest that this alignment could sustain Ethereum’s upward trajectory in the medium term.

Ted’s observations reflect a market where multiple sectors—from traditional finance to state-level entities—are converging on Ethereum. With potential retirement fund allocations on the horizon, the scale of future inflows could be considerable.

Ethereum’s latest rally not only marks a price milestone but also underscores the shifting composition of its investor base, as larger players increasingly shape market direction.

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