📰 ETH Update: Whale Surge + Institutional Bets Driving Price Forward

Ethereum is trading around $3,745, holding up strong even as Bitcoin dips. Meanwhile, ETH is flashing bullish signals:

Over 540,000 ETH (~$2B) has flooded into new whale wallets in July—major accumulation 🚀

Big players like BitMine and The Ether Machine (backed by Kraken, Blockchain.com) are adding ETH to their treasury holdings—indicating rising institutional confidence in the asset 📈

Regulatory tailwinds (supportive U.S. legislation like the GENIUS Act) continue to reinforce ETH’s dominance in stablecoins and staking realms

🔍 Key Levels to Watch:

✅ Support range: $3,600–$3,650

🚀 Breakout trigger: Above $3,750, targeting $4,000

⚠️ Keep an eye on Trend Research’s recent $250M ETH transfer to Binance—they sold around $107M, which could stir volatility ⚖️

💬 Your Turn:

Do you think ETH can reclaim $4K this month? Or will institutional selling caps the rally? Share your prediction below: Long or Short? 👇

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