#ETHRally
Today’s Ethereum Highlights
1. Big Rally Context: CPI, Fed Bets, and Institutional Flow
Ethereum (ETH) spiked approximately 6.6%, trading near $4,690, alongside Bitcoin's surge following a dip in U.S. inflation data—raising expectations for a Fed rate cut in September. This macro backdrop is fueling broader crypto rally sentiment.
2. ETF Inflows & Institutional Treasuries Fuel Up
Bitcoin and ETH are being actively bought by digital asset treasury firms, pushing Ethereum to catch up with BTC’s rally.
Bitmine Immersion Technologies announced aggressive plans to issue $20 billion in stock to fund further ETH purchases.
3. Forecasts Getting Bolder
Standard Chartered raised its year-end 2025 ETH forecast from $4,000 to $7,500, attributing it to stablecoin growth, staking demand, and institutional interest. They also projected a long-term target of $25,000 by 2028.
4. Whale Movement: Profit-Taking
The "7 Siblings" whale group offloaded around 19,461 ETH (~$88.2 million) in 15 hours—likely a move by short-term traders to lock in profits.
