Ethereum: Whale Accumulation Fuels Bullish Outlook, $4000 Breakout Key for Further Gains

Whales and institutions are piling Ethereum at an unprecedented rate; over 856,000 ETH (valued at nearly $3.2 billion) bought since early July 2025. Individual whale purchases more than $100 million via OTC trades are part of this surge, as is substantial inflows into BlackRock's iShares Ethereum Trust ETF, which registered $1.7 billion in ten days and $2.18 billion in aggregate last week for US-listed spot ETH ETFs. Institutional interest is further confirmed by the appearance of over 200 new "mega whale" addresses (10,000+ ETH) associated with custodial and ETF issuers. Though price has been erratic lately, this aggregation has pushed ETH over $3,700; experts forecast possible peaks of $8,000 to $15,000. Experts see this as a powerful bullish indicator, showing how organizations are strategically positioning themselves for Ethereum's future expansion even as retail interest remains somewhat modest, therefore pointing to a possible prelude to more general market rebounds.

ETHUSD is consolidating after a minor sell-off. It hits an intraday low of $3737 and is currently trading around $3667. Overall trend remains bullish as long as support $2000 remains intact. Watch out for $4000, any break above targets $5000. A robust bullish trend will only materialize above $5000.

Immediate support is around $3600. Any violation below will drag the price down to $3500/$3380/$3200/$3000. A breach below $3000 could see Ethereum plummet to $2770/$2500.

It is good to buy on dips around $3700 with SL around $3500 for a TP of $4100/$5000.