Ethereum Price Prepares for Breakout Amid $60M ETF Inflows and Whale Accumulation
The Ethereum price is once again attracting institutional attention after another wave of ETF inflows and large whale transactions signaled growing confidence in the asset.
According to Coinpedia, U.S. spot Ethereum ETFs recorded net inflows of approximately $60.8 million in the latest trading session, indicating that traditional investors continue accumulating ETH despite broader market consolidation.
The sustained buying is a strong fundamental catalyst for Ethereum's medium-term outlook, as it reduces available market supply and strengthens long-term investor confidence.
Whales are also quietly accumulating more than $20 million worth of ETH, with one major whale withdrawing 10,500 ETH worth roughly $20.06 million from OKX within a single hour, which is generally viewed as a bullish signal.