Altcoin ETH accumulation still strong.
Entities buy more Ethereum despite ETH price breaking past $4,300.
These moves fuel new ETH ATH price expectations.
With the price of the pioneer altcoin, (Ethereum) ETH, trading above the $4,300 price range, ETH accumulation does not seem to be showing down. In fact, recent ETH buy records shows that ETH accumulation still strong as entities buy more Ethereum despite ETH price breaking past $4,300. Since its steady outperformance of Bitcoin (BTC), ETH is seen as the most popular asset at the moment.
ETH Accumulation Still Strong
The price of ETH has finally broken past the $4,000 and $4,100 resistance levels and analysts are eager to see the pioneer altcoin asset claim higher targets soon. Presently, expectations for ETH to surpass $4,500 and reclaim its previous ATH at the $4,800 price range is strong. New ATH for ETH are expected shortly, starting with $4,900 and $5,000 ETH ATH price targets.
Since ETH price bottomed at $1,700 in Q1 of 2025, institutional accumulation for ETH has increased exponentially. In fact, ETH whale and institutional accumulation has not slowed down since. Over the last few weeks, when ETH experienced dips alongside the crypto market, ETH accumulation was rampant once again, many believed this was to accumulate ETH before it broke past $4,000.
Entities Buy More Ethereum Despite Higher ETH Prices
https://twitter.com/TedPillows/status/1954586036681744692
Now, with the price of ETH over the $4,000 price range, ETH accumulation does not seem to have slowed down in the slightest. This shows conviction of ETH’s potential and strength to hit much higher targets in the coming months ahead. As we can see from the post above, within an hour over $100,000,000 ETH OTC buys were made through Galaxy Digital. It truly seems that the world is finally bullish on Ethereum, leading analysts to expect higher targets.
https://twitter.com/lookonchain/status/1954702379905089804
Similarly, another observation marks increased ETH accumulation on an institutional level. As the post above depicts, a mysterious institution accumulated another 49,533 ETH worth $212 million today. More interestingly, the same entity accumulated 221,166 ETH worth $946.6 million over the past week from FalconX, Galaxy Digital, and BitGo. All this attention to ETH is drawing similar attention to Ethereum ecosystem tokens as well.
https://twitter.com/spotonchain/status/1954721320740294680
As we can see from the post above, Arthur Hayes, Founder of BitMEX, has accumulated a large amount of 4 Ethereum ecosystem tokens following the surge of ETH. To highlight, he bought $7.93 million worth of these tokens in the last 19 hours, including: 1,500 ETH worth $6.35 million, 424,863 LDO worth $556,600, 420,000 ETHFI worth $516,600, and 92,005 PENDLE worth $507,000.
