Ethereum News Today: Institutional Whales Stake $1.14B in Ethereum, Fueling Bullish Breakout Potential

Ethereum’s recent price action has drawn significant attention, particularly with the cryptocurrency rallying past the $4,500 resistance level. Institutional investors, including major whales and corporate entities, have increased their Ethereum holdings, signaling confidence in the asset’s long-term value. Over the past 24 hours, Ethereum whales have accumulated 260,000 ETH, amounting to approximately $1.14 billion, according to data from Santiment [2]. This surge in buying activity has reinforced bullish sentiment and raised expectations of Ethereum potentially reaching all-time highs in the near term.

Notably, a single whale holding $5 billion in Bitcoin has recently added $1.08 billion in Ether, staking it via Hyperunit, as reported by Arkham Intelligence [2]. This whale’s cumulative investment in ETH now totals $3.5 billion. In parallel, BitMine has continued to bolster its Ethereum holdings, adding $354.6 million in ETH this week. With 1.71 million ETH in its possession, the company has become the largest corporate holder of Ethereum, valued at around $8 billion [2]. These institutional moves underscore a broader trend of capital reallocation from Bitcoin to Ethereum, particularly as the latter appears to offer more compelling long-term growth prospects.

From a technical perspective, Ethereum’s price chart is forming a bullish pattern. On the four-hour timeframe, the cryptocurrency is trading within a symmetrical triangle, with a key breakout level at $4,440. If ETH closes above this threshold, it could trigger a move toward $4,800–$4,950, with a potential target of $5,249. According to Cointelegraph Markets Pro and TradingView, a successful breakout would represent a 20% gain from the current price level [2]. On the weekly chart, Ethereum has also broken out of a falling wedge pattern, with a measured target of $6,100, as noted by analyst CryptoGoos [2].

Ethereum-based altcoins are also gaining traction, with projects like Layer Brett emerging as promising contenders for substantial returns. Built on Ethereum’s Layer 2 infrastructure, Layer Brett offers a unique blend of scalability, low transaction costs, and strong staking incentives. The project’s presale has already raised over $1.8 million, with early investors benefiting from staking rewards with annual percentage yields (APYs) reaching tens of thousands of percent. These high yields are expected to adjust as the presale progresses, adding urgency for early participation [1].

The broader Ethereum ecosystem is also experiencing increased inflows. Spot Ethereum ETFs alone saw $1.4 billion in net inflows between August 25 and Friday, while global Ethereum investment products attracted over $1.4 billion in the same period. This trend suggests that institutional investors and retail traders alike are positioning themselves for a potential bull market in Ethereum and its derivatives [2].

While Ethereum remains the central focus, the ripple effects are extending to other cryptocurrencies, including XRP and Dogecoin. Analysts speculate that a sustained rally in Ethereum could create a positive environment for smaller altcoins, especially those with strong utility and growing community support. However, it is essential to note that such forecasts are speculative and should be treated with caution. Investors are advised to conduct thorough research before making trading decisions [2].

Source: [1] Ethereum Price Prediction As Institutions Continue To Buy ... (https://www.mitrade.com/insights/news/live-news/article-3-1086071-20250901) [2] Ethereum whales scoop up 260K ETH, fueling $5K ... (https://cointelegraph.com/news/ethereum-whales-buy-260k-eth-fueling-5k-recovery-hopes)