Ethereum Whale Rakes in $9.87M Windfall Amid ETH’s 25% Weekly Rocket Ride
Talk about perfect timing—an Ethereum whale just cashed out a cool $9.87 million profit as ETH prices skyrocketed 25% in a single week. While retail traders were still checking gas fees, this big player was already counting stacks.
ETH's bull run leaves traditional finance in the dust
No bonds, no bankers—just pure decentralized momentum. Ethereum's surge isn't just making traders rich; it's exposing how painfully slow legacy systems move. Wall Street's still waiting for settlement while crypto whales execute eight-figure trades before breakfast.
The real kicker? This whale probably won't pay a dime in capital gains—because nobody actually reports those in crypto. Try that with your 401(k).
Ethereum Whale Dumps $30M ETH Position After 38% Gains
Capitalizing on Ethereum’s impressive rally since early July, this whale achieved a 38% return, translating to $9.87 million in realized gains during this timeframe.
Pullbacks are for buying on $ETH
GM,
First of all, I will start off with: This is NOT a bearish post on Ethereum. It's just a reminder of the current nature of the market.
ETH is a bit extended on the daily chart, so from my favorite and only indicator > Ichimoku, comes a… pic.twitter.com/sECNFc7AJ5
The recent surge in Ethereum’s price can be attributed to sustained whale accumulation activities throughout June.
A key moment occurred on June 15, when ethereum whales collectively accumulated 818,410 ETH, approximately $2.5 billion worth, in a single trading session, representing the most concentrated buying spree since 2018.
Three days earlier, wallets containing 1,000 to 10,000 ETH added over 871,000 ETH in one day, establishing the year’s highest daily net inflow record.
This accumulation frenzy aligned with growing institutional adoption, particularly following the successful launch of spot Ether ETFs that recorded an impressive 19-day consecutive inflow streak.
Institutional giants BlackRock and Fidelity spearheaded this movement, acquiring billions of dollars’ worth of Ethereum in unprecedented volumes.
Ethereum ETFs have surpassed $5.5 billion in total inflows, with BlackRock’s ETHA fund achieving $489 million in single-day purchases.
The $2,700 Breakout That Unleashed Ethereum’s 30% Rally
In July, Sharplink Gaming, a Minneapolis-based performance marketing firm, dramatically expanded its Ethereum position by acquiring 353,000 ETH, worth over $1.2 billion through its treasury strategy, establishing itself as the world’s largest corporate Ethereum holder and surpassing the Ethereum Foundation’s holdings.
Pullbacks are for buying on $ETH
GM,
First of all, I will start off with: This is NOT a bearish post on Ethereum. It's just a reminder of the current nature of the market.
ETH is a bit extended on the daily chart, so from my favorite and only indicator > Ichimoku, comes a… pic.twitter.com/sECNFc7AJ5
Despite the intense buying pressure throughout June and early July, Ethereum remained range-bound around $2,617, consolidating NEAR key resistance zones.
The breakthrough came on July 10, when ETH surged 5%, decisively breaking through the $2,700 resistance barrier and triggering a momentum-driven rally toward the $3,000 psychological milestone the next day.
Pullbacks are for buying on $ETH
GM,
First of all, I will start off with: This is NOT a bearish post on Ethereum. It's just a reminder of the current nature of the market.
ETH is a bit extended on the daily chart, so from my favorite and only indicator > Ichimoku, comes a… pic.twitter.com/sECNFc7AJ5
Since that breakout, Ethereum has delivered over 30% gains, reaching a peak of $3,859.36 on Monday, generating substantial returns for strategic whale positions. The price has pulled back to $3,658 at the time of writing.
Technical analyst “Mister Spread” notes that ETH appears overextended on the daily timeframe, with the Ichimoku Kijun (blue line) suggesting potential retracement toward the $3,400 region or possibly lower to $3,200.
However, he emphasizes that maintaining support above the $2,800-$3,000 zone WOULD preserve Ethereum’s bullish structure and keep the pathway open for new all-time highs above $4,800.
Pullbacks are for buying on $ETH
GM,
First of all, I will start off with: This is NOT a bearish post on Ethereum. It's just a reminder of the current nature of the market.
ETH is a bit extended on the daily chart, so from my favorite and only indicator > Ichimoku, comes a… pic.twitter.com/sECNFc7AJ5
Why $4,400 High Still Looks ‘Probable’ for ETH Despite RSI at 80
From a technical perspective, the Ethereum (ETH/USD) daily chart displays a robust bullish trajectory that has recently consolidated just above the previous swing high at $3,859.
The asset is currently experiencing a healthy pullback following its sharp ascent, with the $3,300-$3,500 demand zone, coinciding with the 9-day Simple Moving Average, providing key support for potential upward continuation.
Pullbacks are for buying on $ETH
GM,
First of all, I will start off with: This is NOT a bearish post on Ethereum. It's just a reminder of the current nature of the market.
ETH is a bit extended on the daily chart, so from my favorite and only indicator > Ichimoku, comes a… pic.twitter.com/sECNFc7AJ5
This zone has demonstrated resilience in previous tests and could serve as a foundation for renewed upward momentum.
The Relative Strength Index (RSI) currently hovers near 80, indicating extremely overbought conditions and suggesting a brief correction or sideways consolidation phase before any potential continuation of the uptrend.
The overall market structure remains constructive, and if price action maintains support above the identified demand zone, a MOVE toward the $4,410 target appears feasible in the upcoming weeks.
