#ETHnews : Whales Accumulate Amid ETF Inflows—Can $3,700 Be Next?
Ethereum is trading around ~$3,650, fuelled by aggressive accumulation from large holders and record inflows into spot ETH ETFs. Analysts are eyeing $3,700–$4,000 if momentum continues.
Here’s what’s happening on-chain:
Whales added 174,000+ ETH (~$540M) in less than two weeks, signaling strong institutional confidence.
At the same time, Trend Research sold 79,470 ETH ($250M)—suggesting profit-taking near current levels.
📈 What The Chart Says
The chart above shows a bullish rising channel with key resistance near $3,100–$3,150. A break above could ignite a run toward $3,700 soon.
🔍 Key Levels to Watch:
✅ Support: $3,550–$3,600
🚀 Resistance: $3,720–$3,750
🎯 Upside Trigger: Break above $3,700 might spark a move to $4,000+
💬 What’s Your ETH Play?
Are we headed to $3.7K or higher, or is more profit-taking around the corner?
Drop your prediction below – Long, Short, or HODL? 👇
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