Ethereum News Today: Ethereum Price Surges 75% on Record ETF Inflows and Whale Accumulation

Ethereum’s price has surged 75% since late June 2025, driven by a combination of record-breaking ETF inflows, increased institutional participation, and heightened on-chain activity. The cryptocurrency traded near $3,740 as of July 26, with a 24-hour trading volume of $32.74 billion. This rally has been fueled by a significant shift in market dynamics, including a 288% increase in on-chain ETH volume over three weeks and the addition of over 170 new "mega whale" addresses holding more than 10,000 ETH [1]. Analysts attribute these developments to growing institutional adoption and speculative optimism about Ethereum’s long-term trajectory.

The ETF-driven momentum reached a critical inflection point in early July. On July 25, Ethereum-based ETFs recorded a net inflow of $452.8 million in a single day, with BlackRock’s ETHA dominating the flow at $440.1 million [1]. This marked a sharp departure from earlier July figures, where daily inflows remained below $100 million. The spike in institutional buying intensified starting July 9, coinciding with a 20% price jump in mid-July as Ethereum-focused ETFs absorbed $2.18 billion in a week [3]. Analyst Ted Pillows noted that the surge in ETF demand has translated into on-chain accumulation, with large investors positioning themselves for sustained price growth [1].

Whale activity has further reinforced the bullish narrative. According to Glassnode data, over 170 new addresses with balances exceeding 10,000 ETH joined the network in the past month [1]. Ali Martinez, an on-chain analyst, highlighted that this trend suggests substantial long-term accumulation by institutional players, as large holders are less likely to sell in the short term. Ted Pillows added that the surge in on-chain volume—reaching $10.38 billion in three weeks—reflects deepening market participation and validates the current upward trend [1].

Technically, Ethereum is poised to test a 3.7-year descending trendline, a critical level for its price chart. Analyst Trader Tardigrade observed that a weekly close above this line could trigger a prolonged upward move [1]. The convergence of favorable on-chain metrics and institutional demand has led to bold forecasts. Rekt Fencer, for example, predicts a parabolic rally targeting $10,000 by year-end, though this remains speculative [1]. Meanwhile, Bitcoin analyst Arthur Hayes has similarly forecasted a $10,000 price target for Ethereum, citing its potential to lead the next crypto market cycle [6].

The market’s optimism is further supported by Ethereum’s supply dynamics. Analysts note a shrinking supply of ETH on exchanges, indicating reduced selling pressure and a potential "supply crunch" that could drive prices higher [2]. This dynamic, combined with ETF inflows and whale accumulation, has shifted market sentiment toward accumulation rather than speculative trading. However, the cryptocurrency has faced intraday volatility, dipping 3.87% from its peak of $3,860 amid broader market corrections and over $634 billion in derivatives liquidations within 24 hours [4]. Despite this, Ethereum has maintained resilience, holding above $3,500 as macroeconomic conditions and U.S. regulatory optimism continue to support digital assets [5].

The rally has also sparked renewed interest in other major cryptocurrencies, with XRP hitting all-time highs in late July [3]. Yet, Ethereum remains central to the narrative, with its on-chain metrics and institutional backing positioning it as a bellwether for the sector. As ETF inflows and whale activity show no signs of slowing, analysts are closely monitoring whether the current momentum can translate into a sustained breakout. For now, the interplay of institutional adoption, technical setups, and macroeconomic tailwinds underscores Ethereum’s pivotal role in the evolving crypto landscape.

Sources:

[1] [Ethereum Price Gains 75%: What’s Fueling the Rally?](https://coinpedia.org/price-analysis/ethereum-price-gains-75-whats-fueling-the-rally/)

[2] [Ethereum (ETH) Price: Supply Crunch Could Trigger...](https://coincentral.com/ethereum-eth-price-supply-crunch-could-trigger-massive-rally-to-5200/)

[3] [Ethereum Climbs 20% on $2.18B ETF Influx...](https://www.ainvest.com/news/ethereum-news-today-ethereum-climbs-20-2-18b-etf-influx-crypto-market-surges-regulatory-optimism-2507/)

[4] [Over $634B in crypto derivatives liquidated in 24 hours...](https://www.facebook.com/manuel.guevarra.369210/posts/over-634b-in-crypto-derivatives-liquidated-in-24-hours-triggering-market-wide-di/727791476800730/)

[5] [Bitcoin Jumps 12%: Experts Share Best Crypto to Buy Now](https://coincentral.com/bitcoin-jumps-12-experts-share-best-crypto-to-buy-now/)

[6] [Ethereum Price Prediction: Arthur Hayes Says ETH Can Hit...](https://en.cryptonomist.ch/2025/07/25/ethereum-price-prediction-arthur-hayes-says-eth-can-hit-10000-and-lead-the-next-market-rally/)