Ethereum News Today: Ethereum Surges 45% on Whale Accumulation and BlackRock ETF Launch

Ethereum and a select group of altcoins, including Mutuum Finance (MUTM) and MAGACOIN FINANCE, have experienced significant whale accumulation in August 2025, indicating strong institutional interest and potential for further price appreciation [1][2][3]. Whale activity has been especially prominent in Ethereum (ETH), with large wallet addresses amassing substantial positions as the asset trades near $4,183. This accumulation has coincided with a 45% monthly price rally and heightened on-chain activity, suggesting sustained institutional demand and confidence in Ethereum’s role within decentralized finance and staking ecosystems [4].

Mutuum Finance (MUTM) has emerged as a standout in the accumulation trend, with whale buying accelerating during its presale phase. The project is currently in Stage 6 of its presale at $0.035 per token, with a 16.17% increase from the previous stage and plans for a further 14.29% price jump in the next phase. With over $14.3 million raised and more than 15,100 investors on board, early participants are anticipating returns of over 300% upon the project’s launch [1]. Mutuum Finance offers a dual-layer decentralized lending protocol that includes both Peer-to-Contract and Peer-to-Peer structures, enhancing flexibility and reducing reliance on intermediaries. The platform also announced plans for a USD-pegged stablecoin, further solidifying its position in the DeFi space [1].

The growing interest in Mutuum Finance is supported by proactive community-building efforts, including a $100,000 giveaway to 10 lucky investors and a $50,000 USDT bug bounty program conducted by CertiK [1]. These initiatives not only attract new investors but also reinforce the project’s commitment to transparency and security. Additionally, the stablecoin initiative has undergone a full code audit by CertiK, enhancing investor trust and reinforcing the project’s long-term viability [1].

MAGACOIN FINANCE is another altcoin benefiting from whale inflows, particularly from PEPE and Cardano holders. The project has attracted attention as it enters a presale phase, with bullish technical indicators aligning with its price trajectory. This accumulation suggests a potential breakout in the upcoming altcoin season [3]. Cardano’s ADA has also seen strong whale buying, with over 200 million tokens acquired, signaling growing institutional confidence and a possible move toward the key $1 level [1]. ADA’s open interest has surged to $1.44 billion, indicating increased trader activity and long-position demand [1].

Ethereum’s bullish momentum is further reinforced by the recent approval and launch of BlackRock’s ETH ETF, which has attracted over $10 billion in inflows. This regulatory development has provided a layer of institutional legitimacy, contributing to Ethereum’s status as a foundational asset in the crypto market [4]. Derivatives data also supports the bullish narrative, with positive funding rates and a strengthening RSI indicating a high probability of sharp price movements, especially if the $0.84 resistance level for ADA is successfully breached [1].

Despite these positive indicators, the market remains subject to volatility and macroeconomic uncertainties. However, the sustained whale activity and favorable on-chain metrics suggest a developing bullish trend that could extend into late 2025 and beyond. Investors are advised to monitor key resistance levels and on-chain data to assess the likelihood of continued price appreciation.

Source:

[1] ADA Eyes Psychological $1 Level as Whale Accumulation Hits 200M

https://bravenewcoin.com/insights/cardano-price-prediction-ada-eyes-psychological-1-level-as-whale-accumulation-hits-200m

[2] ADA Bulls Lose Confidence, Ethereum Backers Now Rally Behind Rollblocks Presale Strength

https://coincentral.com/ada-bulls-lose-confidence-ethereum-backers-now-rally-behind-rollblocks-presale-strength/

[3] PEPE & Cardano Whales Back MAGACOIN FINANCE

https://coincentral.com/pepe-cardano-whales-rush-into-magacoin-finance-before-the-2025-altcoin-boom/

[4] 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/