Ethereum News Today: Ethereum Nears $5000 on 45% Monthly Rally Amid Whale Accumulation and Regulatory Clarity

Ethereum (ETH) has surged past $4,300, posting a 45% gain over the past month, with the token now approaching the $5,000 psychological level. The rally has been driven by a combination of whale accumulation, institutional inflows, and recent regulatory clarity in the U.S., which have collectively boosted market sentiment and reinforced confidence in the digital asset [1]. Over the past four weeks, more than $4.17 billion has flowed into Ethereum-focused investment products, facilitated by major firms including Galaxy Digital, FalconX, and BitGo [1].

A notable development has been the activity of large on-chain holders, or whales. Whale addresses holding more than 10,000 ETH have reached their highest level in a year, and public companies added 304,000 ETH—valued at $1.3 billion—to their treasuries last week alone [1]. One "mysterious institution" reportedly acquired 221,166 ETH, or nearly $1 billion, in a single week, signaling long-term conviction in Ethereum's value proposition [1]. BitMine Immersion Technologies accounted for $900 million of these purchases, further highlighting the growing institutional interest in the asset.

Ethereum spot ETFs have also seen strong inflows, with $327 million added in just the first week of August [1]. Analysts note that such whale and institutional buying patterns have historically preceded major price rallies in Ethereum’s cycle, and with ETH breaking above the $4,000 resistance level—its first since 2021—bullish momentum remains intact [1].

Regulatory developments have played a crucial role in reinforcing Ethereum’s legitimacy. The White House’s new digital asset framework, the resolution of the Ripple-SEC case, and President Donald Trump’s executive order allowing crypto in retirement accounts have reduced uncertainty and encouraged broader adoption [1]. These developments have particularly benefited Ethereum, given its dominant role in decentralized finance (DeFi) and smart contract innovation.

On-chain data supports the bullish narrative. Daily Ethereum transactions have averaged 1.74 million, while over 36 million ETH—roughly 30% of the total supply—is locked in staking contracts [1]. The ETH/BTC ratio has also climbed to near-yearly highs, suggesting a growing preference for Ethereum over Bitcoin.

If Ethereum can break above the $4,430 resistance level, it could retest its previous all-time high of $4,860 [1]. From there, analysts project potential movement toward $5,000 and even $6,500 by 2025 [1]. While short-term corrections remain a risk, the broader trend suggests Ethereum may be entering a new phase of price discovery. The structural strength of the asset, combined with institutional and regulatory tailwinds, indicates that Ethereum’s market position is likely to remain resilient in the near term [1].

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[1] Ethereum Nears $5000 After 45% Monthly Rally, Whale Buying and Regulatory Clarity Fuel Surge (https://www.newsbtc.com/news/ethereum/ethereum-nears-5000-after-45-monthly-rally-whale-buying-and-regulatory-clarity-fuel-surge/)