Ethereum Whales Signal Strong Confidence with $2.5 Billion Accumulation Amid Market Dip

In a striking display of confidence, Ethereum's largest holders have made their most significant single-day purchase since 2018, scooping up $2.5 billion worth of ETH during a recent price decline. According to Glassnode data, whales holding between 1,000 to 10,000 ETH tokens were the primary drivers of this accumulation, marking the highest net position change for this cohort in nearly seven years. This aggressive buying spree underscores the strong belief among major investors in Ethereum's long-term value, despite short-term market fluctuations. Additionally, spot ETH ETFs recorded $450 million in net inflows last week, the third-largest weekly volume since August, further highlighting growing institutional interest. As of June 2025, these developments suggest a bullish outlook for Ethereum, with potential upward price momentum fueled by both whale activity and ETF inflows.

Ethereum Whales Accumulate $2.5 Billion in ETH Amid Market Dip

Ethereum's largest holders have made their most significant single-day purchase since 2018, acquiring $2.5 billion worth of ETH during a price decline. Glassnode data reveals whales holding 1,000 to 10,000 ETH tokens drove this accumulation, marking the highest net position change for this cohort in nearly seven years.

Spot ETH ETFs recorded $450 million in net inflows last week, the third-largest weekly volume since August 2024. Institutional interest grows as tokenized real-world assets on Ethereum's network surpass $4 billion in value.

A golden cross technical pattern emerges on ETH charts, with the 50-day moving average approaching the 200-day line. The cryptocurrency maintains support above $2,500 while facing resistance between $2,675-$2,700. Historical data suggests similar whale accumulation phases have preceded major ETH price rallies.

U.S. Senate Approves GENIUS Act to Regulate Stablecoins, Signaling Major Shift for Crypto Markets

The U.S. Senate has passed the GENIUS Act, a landmark bill establishing regulatory clarity for dollar-pegged stablecoins. Bipartisan support underscores the growing institutional acceptance of digital assets. The legislation now moves to the House, where rapid approval is expected before reaching President Trump's desk.

Analysts anticipate this development will accelerate capital flows into stablecoin-adjacent projects and payment infrastructure plays. ethereum (ETH) stands to benefit disproportionately as the primary settlement layer for stablecoin transactions and DeFi activity. Portfolio managers are already rebalancing toward compliant stablecoin issuers and interoperable blockchain networks.

J.P. Morgan's Kinexys to Launch USD Deposit Token JPMD on Base Blockchain

J.P. Morgan's blockchain division, Kinexys, is set to issue JPMD, a permissioned USD deposit token, on Coinbase's Ethereum-based Base blockchain. This MOVE marks a pivotal step in bridging institutional finance with decentralized networks.

The token will enable institutional clients to transact securely onchain with sub-second settlement times and minimal fees. Deposit tokens like JPMD offer a regulated alternative to stablecoins, combining blockchain efficiency with traditional banking reliability.

Coinbase CEO Brian Foster confirmed the partnership, emphasizing the exchange's commitment to supporting traditional financial institutions in adopting digital assets. The integration leverages Base's scalability to enhance global payments infrastructure.

ETHKyiv 2025 Hackathon Merges Web3 Innovation with Civic Responsibility During Ukrainian Blockchain Week

Kyiv hosted ETHKyiv 2025 from June 13-15 as a cornerstone of Ukrainian Blockchain Week, organized by Incrypted. The event drew over 100 developers competing for a $40,000 prize pool during a 36-hour marathon at Creative State of Arsenal. Ethereum co-founder Vitalik Buterin delivered a virtual keynote and co-announced winners with Ethereum Ukraine founder Rostyslav Bortman.

The hackathon introduced a novel fusion of technology, art, and social impact. Proceedings opened with a solemn tribute to fallen defenders, followed by a performance by soldier-violinist Moisei—a symbolic bridge between Ukraine's resilience and Web3's human dimension. Charity initiatives and digital art installations featured prominently throughout the gathering.

Global Ethereum community leaders provided substantial support, reinforcing Ukraine's growing prominence in blockchain development. The event's hybrid format—combining competitive coding with cultural elements—sets a precedent for future Web3 conferences seeking deeper societal engagement.

New AI Crypto Project SUBBD Nears $1M Presale Target, Aims to Disrupt Creator Economy

SUBBD, a novel AI-powered crypto project, has raised nearly $700,000 in its ongoing presale as it targets $1 million for its Web3 creator platform. The Ethereum and BNB Chain-based solution seeks to overhaul the influencer economy by reducing platform fees and giving creators greater control.

The project distinguishes itself by combining three high-growth sectors: artificial intelligence, blockchain technology, and the $250 billion creator economy. SUBBD's existing network claims access to over 250 million combined followers, suggesting immediate scalability upon launch.

Market observers note the presale's strong performance reflects growing investor appetite for projects at the intersection of AI and Web3. The platform's promised features—including AI-generated creator avatars and decentralized monetization tools—position it as a potential disruptor to legacy social media platforms.

Ethereum Consolidates Near $2.5K as Traders Anticipate Bullish 'Golden Cross'

Ethereum's price action shows signs of accumulation as it consolidates between $2,500 and $2,540, with declining volume suggesting strategic positioning by traders. The $2,800 resistance level remains a critical barrier, having repeatedly capped upward movements in recent weeks.

Staking activity reaches unprecedented levels, with over 35 million ETH now locked—a development that could tighten circulating supply amid ongoing geopolitical market volatility. Technical analysts highlight an emerging 'golden cross' pattern, where the 50-day moving average threatens to overtake the 200-day average, historically a precursor to significant rallies.

The cryptocurrency demonstrated resilience during recent volatility, rebounding from a swift drop to $2,455 after establishing strong support at the $2,490-$2,500 zone. A notable bullish breakout occurred with a $11 surge executed on high volume, signaling latent demand at current levels.