Ethereum price rally: Top 3 cryptos to watch as ETH approaches $4,500 target

Ethereum is rallying towards its $4,500 target, with Chainlink, Polkadot, and Pump.fun also gaining. Ethereum bull Arthur Hayes repurchased $10.5 million worth of Ethereum above $4,100. Whales are purchasing ETH after taking profits on their holdings, and Ethereum ETFs have seen record $1 billion inflows on Monday.

Ethereum (ETH) has been on a significant upward trajectory, with the cryptocurrency rallying towards its $4,500 target. This surge has been driven by a combination of factors, including increased whale activity and record inflows into Ethereum ETFs.

According to the latest data, whales have been actively purchasing ETH after taking profits on their holdings. This buying pressure has been instrumental in pushing ETH prices higher. For instance, a whale repurchased $10.5 million worth of Ethereum above the $4,100 mark, demonstrating strong bullish sentiment [1].

In addition to whale activity, Ethereum ETFs have seen record inflows, with a staggering $1 billion in new investments on Monday alone. This influx of capital from traditional investors has further bolstered ETH's price momentum. The growing interest in Ethereum ETFs is a testament to the increasing institutional adoption of cryptocurrencies [2].

Ethereum's recent gains have not been isolated; other cryptocurrencies such as Chainlink (LINK), Polkadot (DOT), and Pump.fun (PMP) have also seen significant price increases. This broader market sentiment indicates a general risk-on environment in the crypto sector.

However, it is essential to note that while Ethereum's fundamentals and technical indicators are bullish, the cryptocurrency market remains volatile. Investors should exercise caution and conduct thorough research before making any investment decisions.

References:
[1] https://www.bitcoininsider.org/article/282381/will-ethereum-hit-5000-2025-grok-weighs-price-forecast-best-erc-20-tokens
[2] https://www.mitrade.com/insights/crypto-analysis/eth/fxstreet-ETHUSD-202503281355