#ETH4500Next?

Whale and institutional activity have intensified during this rally. A notable $40.5 million over-the-counter purchase of 10,400 ETH underscores deep-pocketed confidence, while Fundamental Global Inc has launched a $5 billion shelf offering to buy more ETH. On-chain data also shows whales leveraging DeFi platforms like Aave to accumulate at the $4,000 level.

Analyst Rekt Capital estimates Ethereum is only “50–60% through its macro uptrend,” suggesting room for substantial gains. If bulls maintain control and breakout patterns play out as projected, ETH could not only reach $4,700 in the coming weeks but also set the stage for a push toward $5,000, keeping all-time highs well within reach.