Ethereum Price Prediction: Will ETH Rally to $3,000 Amid Whale Accumulation and ETF Momentum?

ETH Price Prediction

ETH Technical Analysis: Bullish Signals Emerge Near Key Levels

ETH is currently trading at $2,573.41, slightly above its 20-day moving average of $2,567.27, indicating potential support. The MACD shows bullish momentum with a positive histogram (118.38), though still in negative territory. Bollinger Bands suggest moderate volatility, with price hovering NEAR the middle band. ’The convergence of price above the 20MA while MACD turns upward could signal a breakout,’ says BTCC analyst Mia.

Ethereum Market Sentiment: Whale Activity and ETF Hopes Fuel Speculation

Mixed signals dominate ethereum headlines: ETF options launch contrasts with whale sell-offs ($127M dumped) and strategic moves like Galaxy Digital’s $100M transfer. However, dormant whale activity (1,000 ETH moved after 859% gains) and record-high whale holdings suggest accumulation. ’The market is balancing short-term profit-taking with institutional interest in ETFs,’ notes BTCC’s Mia.

Factors Influencing ETH’s Price

Ethereum ETF Options Launch Amid Market Headwinds: A Potential Turning Point?

The SEC approved options trading for existing Ethereum ETFs, marking a significant regulatory development for digital assets. This week, options trading for spot Ethereum ETFs debuted in the US, with BlackRock’s iShares Ethereum Trust (ETHA) being the first to list options on the Nasdaq ISE. However, Ethereum’s smaller market cap relative to Bitcoin makes it vulnerable to gamma squeezes, thereby increasing investor risks. Experts from FalconX, BingX, Komodo Platform, and Gravity were consulted to analyze this new characteristic.

Galaxy Digital Moves $100 Million in Ethereum: Strategic Shift or Sell-Off Signal?

Galaxy Digital has executed a series of substantial ETH transfers to major exchanges in less than a week, totaling approximately $100 million. On April 18, 2025, the firm sent 12,500 ETH to Binance. Just a day earlier, on April 17, Galaxy Digital moved 12,181 ETH to another centralized exchange. On April 16, an additional 12,500 ETH was transferred to Binance. On April 15, another transaction involving 12,500 ETH and 5 million USDT was sent to the same exchange. The move comes when the crypto market navigates significant volatility, prompting investors to question whether this signals a major sell-off or reflects Galaxy Digital’s strategic portfolio management.

Whales Dump $127M in Ethereum—Market Trends Shift

A recently inactive Ethereum holder transferred 30,000 ETH, worth $47.85 million, after three years of dormancy. Of this, 3,000 ETH was deposited to Kraken, sparking fears of a selloff. Separately, Galaxy Digital transferred nearly 80 million ETH (though likely a typo intended as a smaller amount given context) to exchanges, enhancing pressure on Ethereum’s price. ETH is currently trading at $1,612, and analysts are divided on its future direction. An early ICO participant’s significant operation highlights changing market trends.

Ethereum Price Predicted To Rally To $2,600; Remittix (RTX) Attracts Attention

The price of Ethereum has discovered new bullish momentum, with experts expecting a consistent rally towards the $2,600 level in the next few weeks. This surge is rekindling interest throughout the ETH space, including one top presale token called Remittix (RTX) that’s now attracting serious attention. ETH is currently trading at $1,575.46, down by 1.47%, with a trading volume of $13.09 billion and a market capitalization of $190.68 billion.

1-Year-Dormant Ethereum Whale Transfers 1000 ETH, Awakes With 859.3% Profit

After a year of dormancy, an Ethereum whale has resumed market activity by depositing 1000 ETH worth $1.6 million into Binance. These ETH trace back to withdrawals from multiple CEXs made 5–7 years ago. Currently, the wallet holds 2001 ETH, valued at $3.16M, representing an 859.3% profit. This whale’s re-entrance into the Ethereum market has elicited questions about their intention and possible effect on the market.

Ethereum’s 2022-style Bear Market Test

Ethereum is experiencing a similar pattern of significant loss realization as seen in the 2022 bear market. The current sell-side liquidity from Ethereum whales is concentrated between the $1.4k–$1.6k execution zone. Following ETH’s drop to a multi-year low due to a risk-off sentiment and broad deleveraging, large entities have started aggressive distribution cycles. Galaxy Digital, for instance, has sold 62,181 ETH worth $99.46 million over the last six trading sessions, with an average on-chain transfer price of $1,599. A demand-supply equilibrium within this zone is crucial for Ethereum to find stability.

Ethereum Whale Holdings Hit 9-Year High

In the last 24 hours, Ethereum whale wallets have moved more than $174 million back to wallets off major exchanges. Whale addresses now control 46% of ETH supply, indicating an increase in centralization. Ethereum is approaching the realized price point, suggesting potential deep value buying or selloffs. Significant whale activity has been observed in the past few weeks, pointing to accumulation. According to Lookonchain data, three major wallets have withdrawn a total of 85,668 ETH ($174,503,634) from exchanges since February, with one wallet moving $48.73 million worth of ETH from Binance after April 1st and another withdrawing $97.26 million worth of ETH from Gate.io.

Unichain’s TVL Surges 2966% In Two Days

Unichain’s Total Value Locked (TVL) has seen a massive surge since April 15, jumping from $9 million to a record high of $267 million within just two days. This significant growth is attributed to the launch of its liquidity incentive campaign on that day. Most of the inflow went into v4 pools, which now hold over 6% of Uniswap’s total TVL. Unichain, an Ethereum Layer-2 network powered by UniSwap, did not experience remarkable market activity initially after its formal establishment in February 2025, but this recent surge has attracted more funds and users.

Ethereum whale buys $5.8 mln in ETH after 2.8 years of dormancy

An Ethereum whale that had been dormant for 2.8 years woke up to buy 3,659.83 ETH for $5.88M DAI. This occurred despite a continued drop in the price, which was far below fair value according to Ethereum’s MVRV. The MVRV Z-Score dipped below the neutral zone to hit the accumulation zone, indicating that ETH was trading under its intrinsic worth. A sustained low MVRV reading might indicate price undervaluation, which could invite institutional and smart money participants and trigger price growth. The price declined -45.3% during Q1 2025 to reach levels below $2000, last seen in mid-2023.

Ethereum Traders on Edge Amid Consolidation

Ethereum [ETH] is consolidating between $1,540 and $1,630, forming a high-stakes battlefield for bulls and bears. Whale accumulation has slowed down, leverage has risen, signaling high-risk positioning before a breakout. The Ethereum burn rate has also dropped sharply, weakening the network’s deflationary support. On-chain data revealed that over 7.9 million ETH held by addresses were bought within this price range. The IOMAP chart highlighted robust support between $1,513 and $1,585.

Abstract Chain Active Addresses Surge to 105K

Abstract Chain, a new Ethereum Layer-2 network, is experiencing significant growth with active addresses hitting 105K, a first since its launch. This surge is fueled by the popularity of the Bigcoin game. Since early April, the number of active addresses on Abstract Chain has doubled, reaching nearly twice as much as in previous weeks.

Will ETH Price Hit 3000?

ETH shows technical and fundamental potential for a rally toward $3,000, though not imminently:

’Given whale accumulation patterns and the MACD turnaround, ETH could test $2,800 by late June. The $3,000 target would require ETF approval catalysts or Bitcoin breaking $75K,’ says BTCC’s Mia. Monitor the upper Bollinger Band ($2,693) as immediate resistance.