{"id":4295,"date":"2025-07-18T17:17:36","date_gmt":"2025-07-18T17:17:36","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/07\/18\/ethereum-bull-run-just-starting-analyst-says-as-whale-scoops-70m-eth\/"},"modified":"2025-07-18T17:17:36","modified_gmt":"2025-07-18T17:17:36","slug":"ethereum-bull-run-just-starting-analyst-says-as-whale-scoops-70m-eth","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/07\/18\/ethereum-bull-run-just-starting-analyst-says-as-whale-scoops-70m-eth\/","title":{"rendered":"Ethereum bull run just starting, analyst says as whale scoops $70m ETH"},"content":{"rendered":"

Whale buy Ethereum amid strong buying pressure.<\/span>
\nInstitutional adoption continues with SharpLink Gaming\u2019s massive purchases.<\/span>
\nAnalysts predict ETH could explode amid numerous catalysts.<\/span><\/p>\n

Ethereum, the second-largest cryptocurrency by market capitalization, is eyeing a major breakout as price hovers above the $3,500 mark.<\/p>\n

Part of the bullish outlook is down to on-chain activity, with data showing a massive wave of whale accumulation.<\/p>\n

The accumulation adds to the growing institutional demand for the top coin, with SharpLink Gaming\u2019s recent purchases a significant one.<\/p>\n

ETH whale accelerate accumulation<\/h2>\n

The latest on-chain activity paints a picture of aggressive accumulation by whale 0x9684, a pattern that has intensified over the past seven days.<\/p>\n

According to data shared<\/a> by Lookonchain on X, this entity has consistently withdrawn significant ETH stashes from FalconX, with the most recent pull amounting to 19,550 ETH just five minutes before the post.<\/p>\n

This brings the whale\u2019s total withdrawal to an eye-watering 122,691 ETH, valued at $443.68 million at current prices.<\/p>\n

Such moves suggest a strategic shift toward holding, potentially for staking or long-term investment.<\/p>\n

Whale moves and the accumulation seen in recent weeks align with broader trends across the corporate world.<\/p>\n

One of the biggest players today in this sector is SharpLink Gaming, a Nasdaq-listed firm that recently bolstered its ETH treasury to 280,706 ETH.<\/a><\/p>\n

That\u2019s about $840 million of Ether buys, which have come after the company raised $413 million through a share issuance.<\/p>\n

The firm\u2019s overtaking of the Ethereum Foundation as the largest corporate ETH holder further amplifies the narrative of institutional confidence, reducing short-term sell pressure and fueling market optimism.<\/p>\n

Ethereum price prediction<\/h2>\n

Ethereum\u2019s price crossing above $3,500 is crucial. For a long time, the altcoin remained lodged below $2,500 and found breaking above $3k a tall order.<\/p>\n

But with price retesting highs near $3,700, analysts say the bull run may just be starting.<\/p>\n

According to crypto analyst Michael van de Poppe, spot exchange-traded funds inflows, regulatory shifts, and other catalysts could propel ETH to astronomical heights.<\/p>\n

\u201cThe $ETH ETF inflow combined with the approval of the Stablecoin Bill provides a whole new thesis surrounding the Ethereum ecosystem,\u201d the analyst noted<\/a>. \u201cThe biggest inflows in history on the ETF, outperforming $BTC inflow. This bull market is getting started.\u201d<\/p>\n

The $ETH<\/a> ETF inflow combined with the approval of the Stablecoin Bill provides a whole new thesis surrounding the #Ethereum<\/a> ecosystem. <\/p>\n

The biggest inflows in history on the ETF, outperforming $BTC<\/a> inflow.<\/p>\n

This bull market is getting started. pic.twitter.com\/12UkXXyAn9<\/a><\/p>\n

\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) July 18, 2025<\/a><\/p>\n\n

Ethereum price reached its all-time high above $4,800 in November 2021. While it could explode to this level or higher in the short term, van de Poppe says investors may want to be ready for corrections.<\/p>\n

\u201cThe reason why I\u2019m saying that you need to be ready for deep corrections; $ETH is $1,000 up in just a week, so it\u2019s a little overextended to the upside. A slight correction isn\u2019t bad, it\u2019s healthy and we\u2019re rebuilding stamina for the next leg up.\u201d<\/p>\n

The post Ethereum bull run just starting, analyst says as whale scoops $70m ETH<\/a> appeared first on CoinJournal<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Whale buy Ethereum amid strong buying pressure. Institutional adoption continues with SharpLink Gaming\u2019s massive purchases. Analysts predict ETH could explode amid numerous catalysts. Ethereum, the second-largest cryptocurrency by market capitalization, is eyeing a major breakout as price hovers above the $3,500 mark. Part of the bullish outlook is down to on-chain activity, with data showing […]<\/p>\n","protected":false},"author":0,"featured_media":4296,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[100],"tags":[],"class_list":{"0":"post-4295","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ethereum"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=4295"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4295\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/4296"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=4295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=4295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=4295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}