Ethereum Price Eyes Next Rally on $60M ETF Inflows and Whale Accumulation
Ethereum price is gaining traction as institutional attention returns to the asset. The latest wave of Ethereum ETF inflows and large whale transactions suggest growing confidence among long-term investors.
U.S. spot Ethereum ETFs recorded net inflows of approximately $60.8 million in the latest trading session, with BlackRock clients purchasing nearly $50.3 million worth of Ethereum. This sustained buying indicates that traditional investors continue to accumulate Ethereum despite broader market consolidation.
The combination of ETF inflows and whale withdrawals points toward growing confidence among long-term investors. A major whale withdrew 10,500 ETH worth roughly $20.06 million from OKX within a single hour, indicating investors intend to hold assets rather than leave them available for immediate selling.