ETH Price Could Hit $15K Medium Term, $4K Target in Short Term: Fundstrat's Tom Lee

Ethereum's price could reach $15,000 in the medium term and $4,000 in the short term, according to Fundstrat's Tom Lee. He cites historical whale accumulation and endorsements from high-profile institutions as evidence of a long-term bullish case. Lee also references a model developed by Fundstrat's Head of Digital Asset Strategy, which estimates ether's value could reach up to $15,000 using EBITDA-based multiples.

Ethereum (ETH) has been experiencing significant price movements and institutional interest, with Fundstrat's Tom Lee predicting a bullish trajectory for the cryptocurrency. Lee, the head of research at Fundstrat, believes ETH could reach $15,000 in the medium to long term and $4,000 in the short term [1].

Lee's outlook is supported by historical whale accumulation and endorsements from high-profile institutions. He cited a model developed by Fundstrat's Head of Digital Asset Strategy, Sean Farrell, which estimates ETH's value could reach up to $15,000 using EBITDA-based multiples. Farrell's model compares ETH to private firms like Circle, noting that Layer-1 platforms like Ethereum often warrant higher valuation multiples than consumer businesses [1].

Lee also referenced technical analysis from Mark Newton, Fundstrat's Head of Technical Strategy, who sees ETH potentially reaching $4,000 before the end of July. Lee noted that a range between $10,000 and $15,000 is realistic based on current adoption and valuation trends, with such a move potentially coming by year-end or sooner [1].

Ethereum's recent price volatility, with ETH falling to $3,490.62 before rebounding near $3,565 during July 19 trading, reflects its increasing institutional attention. Corporate treasuries are significantly increasing their ETH holdings, adding over 600,000 ETH in the last month, reflecting growing confidence in the asset’s long-term value [2]. Whale wallets are actively purchasing ETH above $3,340, with recent individual buys totaling more than $38 million, signaling strong market conviction [2].

BlackRock's proposal to incorporate staking functionality into its iShares Ethereum Trust (ETHA) ETF is seen as highly bullish by market observers. If approved by the SEC, it would mark the first time a regulated U.S. ETF is allowed to participate in Ethereum staking, blending traditional finance with decentralized protocols in a powerful way [3].

Ethereum's recent record-breaking spot ETF inflows, coupled with significant whale purchases and corporate treasury accumulation, underscore a growing institutional and corporate conviction in ETH’s value proposition. As ETH approaches key price milestones supported by strong technical indicators, these developments signal a positive outlook for the asset’s adoption and market performance [2].

References:
[1] https://www.coindesk.com/markets/2025/07/19/eth-could-be-worth-usd15k-says-fundstrat-s-tom-lee-with-usd4k-target-in-the-short-term
[2] https://en.coinotag.com/ethereum-spot-etfs-see-record-inflows-near-726m-as-price-approaches-3400-and-whale-activity-increases/
[3] https://www.ainvest.com/news/ethereum-news-today-blackrock-proposes-staking-ethereum-etf-aims-3-annual-yield-2507/