Ethereum (ETH) Inflows ‘Enormous’; Experts See Break Of ATH Next Week – Whales Are Buying These ETH Tokens
The post Ethereum (ETH) Inflows ‘Enormous’; Experts See Break Of ATH Next Week – Whales Are Buying These ETH Tokens appeared on BitcoinEthereumNews.com. Ethereum inflows have been enormous this past week, driving renewed optimism around Ethena and ETH Price and fueling talk of a break above the all-time high. Whales and institutions alike are moving capital on-chain and into spot ETFs, underlining the conviction in Ethereum’s long-term thesis. Meanwhile, large wallets have been scooping up ETH tokens like the PayFi token that is set to be the next big crypto launch, in anticipation of a fresh cycle. Analysts now forecast that Ethereum could shatter its previous ATH next week, buoyed by sustained institutional demand and robust network upgrades. Ethereum ETF Inflows Surge: ETH Price is Eyeing ATH Break Analysts at SoSoValue report that Ethereum ETFs have attracted $907 million in inflows over the past week, the best performance since they began trading in July 2024. Glassnode data confirms that daily net whale inflows into large on-chain addresses exceeded 800,000 ETH for nearly a week. Experts have noted that ETH price is showing strong breakout momentum. Ethereum is trading confidently above the 20, 50, 200-day EMAs. Technical models suggest that the ETH price is poised to breach $4,000 soon, with a successful retest of support at $3,100. This would pave the way for Ethereum to reach a new all-time high. Ethena Whale Accumulation Signals Potential Rally Ethena (ENA) saw a newly created wallet withdraw 14.51 million ENA (worth $5.95 million) from Binance, hinting at whale accumulation on the dip. Over $100 million of ENA tokens have also been moved into exchange wallets, where whales are positioning ahead of a projected rebound to $1 by Q3 2025. This surge in whale activity underscores Ethena’s growing traction as a novel DeFi project leveraging basis trades and synthetic stablecoin rails. Experts have noted that Ethena has has broken its descending trendline on the daily timeframe and is…
The post Ethereum (ETH) Inflows ‘Enormous’; Experts See Break Of ATH Next Week – Whales Are Buying These ETH Tokens appeared on BitcoinEthereumNews.com.
Ethereum inflows have been enormous this past week, driving renewed optimism around Ethena and ETH Price and fueling talk of a break above the all-time high. Whales and institutions alike are moving capital on-chain and into spot ETFs, underlining the conviction in Ethereum’s long-term thesis. Meanwhile, large wallets have been scooping up ETH tokens like the PayFi token that is set to be the next big crypto launch, in anticipation of a fresh cycle. Analysts now forecast that Ethereum could shatter its previous ATH next week, buoyed by sustained institutional demand and robust network upgrades. Ethereum ETF Inflows Surge: ETH Price is Eyeing ATH Break Analysts at SoSoValue report that Ethereum ETFs have attracted $907 million in inflows over the past week, the best performance since they began trading in July 2024. Glassnode data confirms that daily net whale inflows into large on-chain addresses exceeded 800,000 ETH for nearly a week. Experts have noted that ETH price is showing strong breakout momentum. Ethereum is trading confidently above the 20, 50, 200-day EMAs. Technical models suggest that the ETH price is poised to breach $4,000 soon, with a successful retest of support at $3,100. This would pave the way for Ethereum to reach a new all-time high. Ethena Whale Accumulation Signals Potential Rally Ethena (ENA) saw a newly created wallet withdraw 14.51 million ENA (worth $5.95 million) from Binance, hinting at whale accumulation on the dip. Over $100 million of ENA tokens have also been moved into exchange wallets, where whales are positioning ahead of a projected rebound to $1 by Q3 2025. This surge in whale activity underscores Ethena’s growing traction as a novel DeFi project leveraging basis trades and synthetic stablecoin rails. Experts have noted that Ethena has has broken its descending trendline on the daily timeframe and is…
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