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Ethereum Price Prediction: Will Whale Accumulation and ETF Inflows Propel ETH to $3,400?

Ethereum Price Prediction: Will Whale Accumulation and ETF Inflows Propel ETH to $3,400?

Published:
2025-06-06 22:15:37
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[TRADE_PLUGIN]ETHUSDT,ETHUSDT[/TRADE_PLUGIN]

#ETH

  • Technical Rebound Potential: ETH trades near Bollinger lower band with bullish MACD crossover
  • Institutional Tailwinds: $743M ETF inflows and whale accumulation signal strong demand
  • Catalyst Watch: Circle's IPO and real-world asset tokenization could drive next leg up

ETH Price Prediction

ETH Technical Analysis: Key Indicators Point to Potential Upside

Ethereum (ETH) is currently trading at $2,487.21, below its 20-day moving average (MA) of $2,560.99, suggesting a short-term bearish trend. However, the MACD indicator shows a bullish crossover with a positive histogram value of 65.17, indicating potential upward momentum. Bollinger Bands reveal ETH is trading NEAR the lower band at $2,431.48, which could act as support. According to BTCC financial analyst Ava, 'If ETH holds above $2,430, we may see a rebound toward the middle band at $2,561, with a breakout potentially targeting the upper band at $2,690.'

ETHUSDT

Market Sentiment: Institutional Interest and ETF Inflows Fuel ETH Optimism

Positive news flows dominate Ethereum's landscape, with Circle's IPO and $743M ETF inflows signaling growing institutional conviction. Whale accumulation of $320M ETH and bullish options bets targeting $3,400 further reinforce optimism. BTCC's Ava notes, 'The combination of real-world asset tokenization (like Plume Network's $150M launch) and DeFi adoption by the ethereum Foundation creates a perfect storm for price appreciation. The $2,650 support level remains critical for maintaining this bullish narrative.'

Factors Influencing ETH’s Price

Circle's IPO Could Strengthen Institutional Conviction Toward Ethereum

Circle's $1.1 billion IPO underscores Wall Street's growing appetite for stablecoins, but analysts suggest the move may also bolster institutional interest in Ethereum. With more than half of USDC's $36.7 billion circulating supply residing on Ethereum, the network stands to benefit disproportionately from any expansion in the stablecoin's usage.

"It's a super positive development for Ethereum and Coinbase," said Juan Leon, Bitwise Senior Investment Strategist. The Ethereum network's dominance in decentralized finance (DeFi) makes it the natural home for USDC's growth. As investors scrutinize Circle's business model post-IPO, Ethereum's role as the primary settlement layer for USDC will likely come into sharper focus.

The symbiotic relationship between Circle and Coinbase—which shares revenue from USDC—further tightens Ethereum's grip on institutional crypto flows. While USDC exists on 40+ blockchains, Ethereum's liquidity and DeFi integration remain unmatched.

SpacePay's $1.1M+ Crypto Presale Positions It as a 2025 Payments Contender

London-based startup SpacePay is challenging traditional payment systems with a crypto solution that integrates with existing card terminals. The platform enables instant fiat conversions for merchants while charging just 0.5% per transaction—a fraction of the 2.5%-3.5% fees typical of credit card processors.

The company's presale has surpassed $1.1 million, offering $SPY tokens at $0.003181 each. Small businesses stand to benefit significantly: a pizzeria processing $25,000 monthly could save $625/month by switching from 3% credit card fees to SpacePay's model.

Ether Trader Bets Millions on ETH Surge Above $3.4K by June-End

A significant options trade has signaled mounting bullish sentiment for ether (ETH), with one trader wagering over $2 million on a 30% price surge by month's end. The purchase of 61,000 call options at strikes of $3,200 and $3,400 on Deribit reflects expectations for ETH to break through key resistance levels from its current $2,460 position.

The move coincides with growing institutional optimism fueled by protocol upgrades and anticipated financial products. Youwei Yang, BIT Mining's chief economist, notes these factors are converging to restore investor confidence in ether's upside potential.

Plume Network Mainnet Launches with $150M in Tokenized Real-World Assets

Plume Network has officially launched its Genesis mainnet, introducing $150 million worth of tokenized real-world assets (RWAs) on-chain. The modular Layer 2 blockchain, compatible with the Ethereum Virtual Machine (EVM), enables DeFi protocols to interact with traditional assets such as credit, debt, and solar farms.

Backed by prominent investors like Apollo Global and Haun Ventures, Plume aims to bridge the gap between traditional finance and decentralized ecosystems. Over 200 projects, including Curve and Morpho, are already building on its RWAfi network, signaling strong industry adoption.

The platform allows users to stake stablecoins into institutional-grade vaults, receiving yield-bearing tokens that can be leveraged across DeFi for lending, borrowing, and yield generation. CEO Chris Yin emphasizes Plume's role in transforming RWAs into composable, yield-generating assets that behave like native cryptocurrencies.

Ethereum Whale Accumulates $320M ETH Amid ETF Inflows, Fueling $3,000 Price Speculation

Ethereum's market dynamics shifted dramatically as a Consensys-linked entity acquired $320 million worth of ETH in a single transaction. The move coincided with U.S. spot Ethereum ETFs recording $109.43 million in net inflows on June 3, 2025—marking twelve consecutive days of positive momentum. BlackRock's iShares Ethereum Trust dominated flows with $77.06 million in fresh capital.

Arkham Intelligence traced the whale's activity to a Galaxy Digital purchase, with $120 million of the ETH immediately routed to Liquid Collective for staking. This strategic lockup removes 41,000 ETH from circulating supply at current prices, creating potential upward pressure. Market observers now scrutinize whether these developments could propel ETH past the psychological $3,000 barrier.

The staking maneuver reflects growing institutional confidence in Ethereum's proof-of-stake economics. Such large-scale accumulation typically triggers follow-on demand as traders interpret whale activity as a bullish signal. With spot ETF volumes sustaining momentum and supply constraints tightening, Ethereum's fundamentals appear increasingly constructive.

Ethereum’s Critical Crossroad: Will $2,650 Support Hold or Lead to a Major Price Shift?

Ethereum tests a pivotal $2,650 support level, with analysts warning of potential declines if momentum falters. The 200-day moving average at this price point has historically signaled market direction, and its weakening could spell volatility for ETH.

Resistance at $2,750 looms large—a breach could open paths to $3,000 and beyond, but failure to overcome this barrier may trigger a pullback. Price action near these critical levels will dictate Ethereum's near-term trajectory, with traders closely monitoring the broadening wedge pattern for breakout signals.

Ethereum Foundation Shifts Treasury Strategy to DeFi, Cuts ETH Sales

The Ethereum Foundation is pivoting its treasury management toward decentralized finance, marking a strategic departure from its historical reliance on ETH sales. By deploying assets through established DeFi protocols like Aave, the foundation aims to generate yield while reducing market pressure on Ethereum's native token.

Hsiao-Wei Wang of the Ethereum Foundation confirms the organization now ties spending directly to ETH holdings, with 2.5 years of operational runway secured. An initial $2 million stablecoin borrowing position via Aave demonstrates this new approach—using Ethereum's own financial infrastructure to fund operations rather than liquidating ETH reserves.

This evolution signals growing institutional confidence in DeFi's maturity. The foundation specifically cites audited, battle-tested protocols built natively on Ethereum as preferred vehicles for capital deployment. Market observers note the potential for reduced ETH sell pressure as the foundation transitions from periodic disposals to yield-bearing strategies.

Is Ethereum the New Wall Street Darling? $743M ETF Inflows Suggest Growing Institutional Interest

Ethereum's market dynamics are shifting as institutional players show renewed confidence. Recent ETF inflows totaling $743 million signal a potential inflection point for the cryptocurrency, which has been consolidating below key resistance levels for weeks. The second-largest digital asset by market capitalization now faces a technical crossroads, with analysts eyeing a triangle pattern that could precipitate moves toward $2,000 or $3,000.

Research firm 10x Research, previously bearish on Ethereum's prospects, acknowledges surprising price resilience. Their earlier skepticism centered on weak institutional narratives and stagnant on-chain activity during ETH's decline from $4,000 to $1,500. Current fundamentals paint a different picture—exchange reserves are declining while capital flows into investment products are accelerating.

Ethereum Whales Accumulate $365M Amid $3.4K Breakout Speculation

Ethereum is attracting significant accumulation from high-net-worth investors, with recent on-chain activity revealing a $283 million over-the-counter (OTC) transfer by Galaxy Digital. The transaction involved 108,000 ETH moved to a single wallet, now holding $365 million worth of the cryptocurrency. Such large-scale OTC deals often indicate long-term positioning, avoiding market slippage and volatility.

Exchange reserves for Ethereum continue to decline, with a 0.34% drop in the past day alone. This trend, coupled with the withdrawal of 89,000 ETH from exchanges within 12 hours, suggests institutional players are preparing for a sustained bullish run. The $2,830 resistance level now appears vulnerable, with analysts eyeing a potential breakout toward $3,400.

Ether Gains Momentum Above $2,620 as Traders Target $2,700 Breakout

Ether's recovery accelerates as it stabilizes above $2,620, demonstrating resilience against macroeconomic pressures. The cryptocurrency rebounded sharply from its $2,584 support level, with technical indicators suggesting bullish momentum.

Institutional demand remains robust, evidenced by record weekly inflows into ETH spot ETFs. The market structure shows a series of higher lows since April, reinforcing confidence in Ethereum's upward trajectory.

Trading activity revealed strong buying interest near $2,625, with volume spikes confirming accumulation. Analysts watch the $2,650-$2,700 resistance zone for potential breakout signals.

Berachain Pioneers Ethereum-Compatible Upgrade With 'Bectra' Hard Fork

Berachain is set to become the first non-Ethereum Layer-1 blockchain to implement execution-layer features from Ethereum's upcoming Pectra upgrade. The Bectra hard fork, launching Wednesday, delivers smart account functionality to over 100 applications on the EVM-identical chain.

The upgrade enables wallet-level transaction batching, gas payments in Berachain's HONEY stablecoin, and recurring payment setups—features previously requiring custom contracts. While omitting Pectra's consensus changes due to Berachain's unique Proof-of-Liquidity model, the chain maintains full EVM compatibility, allowing seamless migration for existing dApps.

Proof of Liquidity represents a novel consensus approach where network security derives from liquidity provisioning rather than traditional staking mechanisms. This model incentivizes deeper capital deployment while maintaining compatibility with Ethereum's developer toolkit—a dual advantage that could accelerate adoption among DeFi builders.

How High Will ETH Price Go?

Based on technicals and market sentiment, ETH could rally toward $2,700 in the near term, with potential to reach $3,400 by end-June if bullish catalysts materialize. Key levels to watch:

ScenarioPrice TargetCatalyst
Bullish$3,400+ETF approval, whale accumulation
Base Case$2,700MACD momentum, Bollinger rebound
Bearish$2,430Support breakdown

Ava highlights, 'The $2,650 support is the linchpin. Holding above could trigger a 15% move to $2,700, while sustained ETF inflows might fuel the $3,400 options bet.'

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