$ETH +$405M in ETFs, accumulation of whales and technical signals point towards $5,000
The spot ETFs of Ethereum recorded net inflows of USD $405 million, reflecting institutional recovery after days of mixed flows.
Despite this, some analysts warn that the price does not have an "automated" leap programmed to $5,000, because certain on-chain metrics (network activity, transaction volume, use of smart contracts) have shown quieter signals recently.
Metrics like the Exchange Supply Ratio (the proportion of ETH that is on exchanges vs in private storage) have fallen to low levels, indicating that less ETH is available for immediate sale. This scarcity could favor bullish movements if sentiment remains.
Whales (large holders) are accumulating ETH — this is reinforced by reports that ETFs and institutional products continue to show strong interest.
Are you joining the ETH momentum now that institutional flows are returning and there are signs of scarcity, or are you waiting for technical confirmation on $5,000 before acting?
