After a shaky summer, investors are piling back into Ether as market sentiment improves ahead of the Federal Reserve’s expected policy easing. Strengthening fundamentals, robust on-chain activity, and growing corporate treasury allocations are now painting a favorable backdrop for Ethereum’s next breakout.
Ethereum has staged a strong comeback, reclaiming the $4,500 mark after a 10% rebound from its September 5 low. The Ethereum price today sits near $4,518, supported by renewed whale activity and rising institutional demand. Analysts suggest that this momentum could set the stage for a run toward $7,000 in October, provided key resistance levels are cleared.
Three whales just scooped $205M of ETH from FalconX—big institutional money is diving into Ethereum! Source: @arkham via X
Market data from Arkham highlights that three large wallets recently accumulated more than $205 million worth of Ether via FalconX, a move interpreted as institutional accumulation. This steady buying pressure has created a new floor for the current ETH price and reduced available supply on exchanges.
Whale accumulation is being matched by surging institutional interest. According to CryptoQuant, corporate treasuries and funds now hold more than 6.5 million ETH, doubling since April 2025. Bitmine Immersion alone has expanded its holdings beyond 2.1 million tokens after a fresh $1.1 billion purchase.
Whales and institutions pile in: 6.5M+ ETH held, Bitmine adds $1.1B to 2.1M tokens. Source: Coinglass
SharpLink Gaming also made headlines, transferring $3.7 billion into its Ethereum treasury. Co-CEO Joseph Chalom described the move as a “white swan event” for adoption, stressing that his firm treats ETH as a reserve asset. This approach, analysts note, mirrors Michael Saylor’s long-term Bitcoin strategy.
Meanwhile, whale wallets containing between 10,000 and 100,000 ETH now collectively hold more than 20 million ETH, underscoring the scale of big-money accumulation.
Beyond treasury moves, Ethereum’s fundamentals remain robust. Staking participation has reached an all-time high of 36.15 million ETH, showing growing confidence in the network. On-chain activity—including transaction volume, smart contract calls, and active addresses—also continues to expand, reinforcing Ethereum’s role as a leading blockchain for decentralized finance and tokenization.
Ethereum (ETH) was trading at around $4,521, up 2.68% in the last 24 hours at press time. Source: Ethereum Price via Brave New Coin
Fundstrat’s Tom Lee believes the broader Ethereum outlook is bright, pointing to the intersection of blockchain and artificial intelligence as a key growth driver. “ETH could hit $10,000 to $15,000 this year and $66,000 long term,” Lee projected, citing adoption tailwinds and structural demand.
From a technical perspective, Ethereum is pressing against the $4,584–$4,672 resistance zone. Clearing this range would confirm bullish momentum and potentially accelerate gains toward $5,000 in the near term. Indicators such as the on-balance volume (OBV), Supertrend, and Parabolic SAR are already flashing bullish signals.
ETH turns bullish, clears $4,500, and looks ready for a parabolic breakout. Source: @MerlijnTrader via X
Analyst Merlijn noted that “a decisive breakout above $4,500 could trigger parabolic movement toward $7,000,” while Crypto Goos echoed that “October could be the turning point once quantitative easing kicks in.”
If Ethereum fails to overcome resistance, immediate support lies at $4,387 and deeper at $4,300. A breakdown below these levels could see the ETH price retest the $4,000–$4,100 demand zone. However, massive institutional inflows are expected to provide downside protection.
The growing convergence of whale accumulation, institutional buying, and bullish technicals is setting the stage for what some analysts call a “mega-bullish breakout.” Predictions vary between $6,500 and $7,000 by year-end, with October shaping up as a pivotal month.
Ethereum nears $4,600 resistance; with MACD bullish and upcoming rate cuts, $7K could be next. Source: Todopoderoso on TradingView
As sidelined investors eye entry, the price of Ethereum now hinges on whether bulls can sustain inflows above $100 million and push past multi-week resistance. For now, the balance of evidence points toward an upward trajectory, though consolidation phases may persist in the short term.
Also read: XRP Price Prediction: Can XRP Break the $4 Mark as Rex-Osprey Spot XRP ETF Goes Live?
