Ethereum pushes above $3K as nearly 80% of all ETH turns profitable, signaling a strong return of bullish sentiment.
BlackRock pours $137M into Ethereum ETFs as total inflows hit $204.9M in one day, showing clear institutional conviction.
Trump’s wallet is over 90% Ethereum, revealing a bold, concentrated bet as ETH regains leadership in the altcoin market.
Ethereum crossed above $3,000 for the first time since January, igniting strong bullish momentum across the market. This move is being driven by three major developments: a new yearly high in on-chain profitability, ETF inflows exceeding $200 million, and Donald Trump’s portfolio showing a concentrated position in Ethereum.
Ethereum’s Profitability Surges Toward Record Highs
Ethereum is showing a strong market structure as 124.13 million ETH are now in profit out of 155.04 million total. This pushes the profitability rate to 79.96%, the highest since January 2025, according to Santiment. That number reflects a broad recovery in holder confidence and consistent accumulation over recent months.
Source: S antiment
Santiment reports Ethereum is now only 13 million coins away from its all-time high in profitable supply. That previous record of 137.17 million ETH came in December 2024. The current trend shows real-body candlestick growth and steady upward structure. Ethereum has shifted out of reaccumulation and into breakout territory. Santiment also points out the absence of major resistance until $3,200 or $3,500, with market participants now reacting to clean structure and rising confidence.
BlackRock Leads Aggressive Institutional Buying
Ethereum’s bullish move is backed by aggressive ETF accumulation, led by BlackRock’s $137.1 million ETH buy on July 11. Analyst Ted confirmed total ETF inflows that day reached $204.9 the strongest daily figure across Ethereum funds this quarter. Grayscale and Fidelity added another $37.5 million combined, while Bitwise and VanEck contributed smaller amounts.
Ted emphasized the significance of these inflows, noting that Ethereum ETFs brought in $5.32 billion over the last 19 days. Daily averages of $25.9 million suggest deliberate institutional buildup, not speculative flips. He highlighted July 10 and 11 as turning points, with $409 million entering ETH markets over 48 hours. Ted believes this is clear positioning driven by technical and structural strength, not hype. Ethereum’s price staying above key zones confirms the setup.
Trump Bets Big on Ethereum Exposure
Donald Trump’s latest wallet data shows Ethereum holds over 90% of his crypto portfolio, overshadowing all other assets. Onchain tracker and analyst Coinvo reviewed the allocation and called it a “concentrated power play,” not a typical diversified structure. BNB, Mantle, and Avalanche appear in minor slices, but Ethereum dominates.
https://twitter.com/ByCoinvo/status/1943958515414184281
Coinvo explained this isn’t accidental. With ETF flows peaking, price holding above $3K, and sentiment flipping bullish, Trump’s Ethereum-heavy strategy fits the broader momentum. He added that such positioning from a public figure reinforces Ethereum’s leadership status in the altcoin market. This isn’t a hedge-this is confidence.
