Institutional whales are buying Ethereum aggressively.
Institutional whales are increasing their holdings of Ethereum.
Market Trends
•ETH price is $4,315.60, market capitalization is $520.93B, and it recently corrected 9.8%.
•Large institutions increased their holdings by 49,533 ETH ($210.68 million) through Galaxy Digital and FalconX.
•Another whale bought 63,838 ETH ($232 million) on August 18.
•On-chain data shows accelerated net outflow of ETH from exchanges (148,700 tokens).
Supporting Factors
•US ETH ETFs attracted $2.58 billion in a single week.
•BlackRock holds 832,000 ETH ($3.6 billion) becomes a stable foundation
• Ethereum's validation mechanism optimization plan will launch in the second half of 2025
• Strong Asian buying, with 24-hour buy orders accounting for 55,148 ETH, a year-on-year increase of 129.68%
Trading Recommendations
• Watch for a breakout above the $4,500 resistance level
• For long-term strategies, consider building a position in a step-by-step manner between $4,250 and $4,350
• Set a stop-loss at $4,150 to participate in rebounds
• Be wary of volatility before the announcement of the validation mechanism upgrade on August 25th
