Ethereum News Today: Ethereum Nears $4,500 on $1 Billion ETF Inflows and Whale Accumulation

Ethereum continues its ascent as it approaches the $4,500 level, signaling a potential breakout in the broader altcoin market. Institutional interest and record inflows into Ethereum-based ETFs are amplifying bullish sentiment. On Tuesday, Ethereum saw a record $1 billion in ETF inflows, outpacing Bitcoin and other altcoins for the first time [1]. This trend is driven in part by firms like Bitmine Immersion, which has announced a $24.5 billion capital raise to increase its Ether holdings and position itself as a leading Ethereum treasury [2].

Whales and institutional investors are also reinforcing the ETH rally. Arthur Hayes, founder of BitMEX, repurchased $10.5 million worth of Ether above $4,150 after previously cashing in $8.3 million in gains. His public commitment to holding and not taking further profits has added to the narrative of strong ETH demand [3]. Large wallet holders are simultaneously liquidating parts of their holdings while reinvesting in Ether, creating a balanced environment of profit-taking and accumulation.

As Ethereum rallies, three altcoins—Chainlink (LINK), Polkadot (DOT), and Pump.fun (PUMP)—are poised to follow its upward trajectory. Each has seen double-digit gains over the past week, with LINK currently 15% away from its 2025 peak and DOT trading near a key resistance level at $5.362. Technical indicators, including the RSI and MACD, show bullish momentum for all three tokens [4]. Pump.fun, in particular, is approaching key resistance levels on the 4-hour chart, with a potential target at $0.0050 if the rally continues [5].

The derivatives market is also showing strong Ethereum bias, with over $105 million in short positions liquidated in the past 24 hours. The long/short ratio for ETH now exceeds one, suggesting a majority of traders are betting on further gains. The ETH/BTC ratio has also shifted in favor of Ethereum, indicating that investors are increasingly viewing the altcoin as a high-conviction position [6].

Fundstrat Global Advisors’ Thomas Lee remains bullish, maintaining a $16,000 price target for Ethereum. With increasing institutional demand and whale activity, the altcoin could see a continuation of its upward trend in H2 2025. The convergence of technical strength, on-chain activity, and macroeconomic factors supports a scenario where Ethereum retests its previous all-time high of $4,878 this week [7].

Source: [1] [CoinMarketCap Community](https://coinmarketcap.com/community/articles/689b93d091a6493f645670c8/)