On March 21, 2025, an analyst under the pseudonym Ali stated that in the last 72 hours, whales acquired more than 120,000 ETH. At the beginning of March, investors withdrew Ethereum from cryptocurrency exchanges for $1.8 billion in a week.
$ETH
The price of the Ethereum (ETH) coin could rise to $3400 by June 2025, as the asset is once again testing a key support zone that preceded a growth of 2000% and 360%. This was reported by Cointelegraph, adding that Ethereum is preparing for a 65% increase from the 'cyclical bottom'.
Analysts noted that if the asset's price falls below the support zone, its value could drop to around $1560.
Additionally, experts added that BlackRock's funds hold more than $1 billion in Ethereum. They noted that the BUIDL product now owns a record $1.1 billion in Ethereum, which is $990 million more than a week ago.
