Ethereum News Today: Ethereum Surges 54% on ETF Inflows and Whale Buys Nears $4,000

Ethereum (ETH) has reclaimed the $3,800 level, sparking renewed speculation about its ability to surpass the $4,000 psychological barrier. On July 22, 2025, the cryptocurrency hit an intraday high of $3,810 on Bitstamp, driven by a surge in Ethereum ETF inflows and whale activity. Over the past month, ETH has risen 54%, currently trading 22.8% below its November 2021 peak of $4,878. The price action has triggered $150 million in short liquidations and formed a bullish golden cross, a technical signal historically linked to sustained upward momentum [1].

The rally has been amplified by Ethereum ETFs, which have attracted $4.1 billion in inflows over 10 days, with BlackRock’s iShares Ethereum Trust ETF leading the charge. These funds have outperformed Bitcoin ETFs, which have seen only a fraction of the inflows. Institutional demand is further evidenced by the purchase of 30,366 ETH ($114 million) by a whale linked to DeFiance Capital and the accumulation of 583,248 ETH ($2.2 billion) across eight new wallets over a month [1].

Polymarket data highlights speculative optimism: 33% of bettors predict ETH will exceed $4,000 in July, while 89% anticipate it will reach the level by year-end. A broader 54% of traders see ETH surpassing $5,000 this year, with a 9% chance of hitting $10,000. This optimism aligns with technical indicators such as a "bull flag" pattern and a golden cross, both suggesting continued upward potential. Analysts emphasize that maintaining support above $3,544 and the Tenkan red line is critical to avoiding a near-term pullback [1].

Network activity has also improved, with Ethereum’s transition to proof-of-stake attracting institutional interest. Staking-related supply contraction and expanded adoption in DeFi and NFTs have bolstered bullish sentiment. BlackRock’s Ethereum ETF, which reached $10 billion in assets under management, underscores growing confidence in the asset class. Meanwhile, firms like Ark Invest and SharpLink have increased ETH holdings, reflecting broader institutional allocation trends [2].

The convergence of ETF inflows, whale purchases, and technical signals suggests a high likelihood of Ethereum testing $4,000 in the near term. However, volatility remains a risk, as seen in prior attempts to breach the level. On-balance volume metrics highlight strong institutional buying pressure, while regulatory developments—such as potential spot Ethereum ETF approvals—add to the narrative [1].

Source:

[1] [ETH Bull Flag Still in Play as the Pioneer Altcoin Ethereum Prepares for Another Bullish Retest] (https://cryptonewsland.com/eth-bull-flag-still-in-play/)

[2] [Ethereum ETF Soars as BlackRock's ETHA hits $10B in Record Time] (https://www.fxstreet.com/cryptocurrencies/news/ethereum-etf-soars-as-blackrocks-etha-hits-10b-in-record-time-202507250803)

[3] [Ethereum Price Forecast: SharpLink poaches former BlackRock Executive amid ETH Comeback] (https://www.fxstreet.com/cryptocurrencies/news/ethereum-price-forecast-sharplink-poaches-former-blackrock-executive-amid-eth-comeback-202507251911)