Ethereum whales made headlines after scooping up $204 million worth of ETH in a matter of hours. Three fresh wallets linked to FalconX moved tens of thousands of coins, signaling strong institutional appetite. At the same time, spot Ethereum ETFs reported $171 million in inflows in a single day. Together, these purchases added nearly $375 million to the market, sending ETH above $4,400. The size and timing of these moves highlight how whales and institutions are shaping the next phase of Ethereum’s growth.
Ethereum Builds a $7.5 Billion Support Base
Beneath the price action, data shows that Ethereum is forming one of its strongest support levels in recent memory. Roughly 1.7 million ETH, worth $7.5 billion, was absorbed between $4,300 and $4,400. These tokens moved into accumulation addresses, many withdrawn from major exchanges such as Binance. This suggests long-term holders are betting big on ETH stability. With this cushion in place, analysts believe dips toward $4,000 may find buyers quickly, giving bulls confidence to defend higher levels.
Ethereum Price Prediction Hinges on $4,500 Resistance
ETH now faces a critical battle at the $4,500 mark. A clean breakout could open the door to $4,800 or even $5,000 in the short term. Bulls see ETF optimism and DeFi expansion as key drivers for momentum. On the other hand, bears point to persistent inflation worries and dollar strength as headwinds. If ETH falls below $4,200, cascading liquidations could push it back toward $4,000 or even $3,600, according to some analysts.
Institutional Demand Strengthens Long-Term Outlook
While short-term swings dominate headlines, the broader picture looks bullish. CME futures open interest has hit record highs, reflecting deep institutional participation. Short-term maturities dominate, but longer-dated contracts are building as well. Asset managers such as BlackRock and Fidelity continue to attract flows into their ETH products, showing that Ethereum is not just a retail trade anymore. This institutional embrace provides both liquidity and legitimacy, two factors critical for ETH’s long-term price prediction.
Ethereum Price Prediction Points Toward $6,500 by Year-End
Looking ahead, analysts see Ethereum as a strong candidate to test higher ground before the end of the year. Many forecasts highlight $6,500 to $6,800 as a potential target if momentum holds. The reasoning is clear: whales keep buying, ETFs keep growing, and support near $4,300 remains firm. Risks remain, especially from macro shocks, but the balance of evidence leans bullish. In short, the next decisive move above $4,500 could be the spark that propels ETH into a new range, with whales once again leading the charge.