#ETHRally
🚀 Ethereum Rally Update
Ethereum is trading near $4,615 and remains fueled by a powerful mix of institutional demand and strategic whale activity.
Spot ETH ETFs saw record inflows of $1.01 billion in a single day, bringing total net inflows to $10.8 billion. BlackRock’s iShares ETH Trust attracted $640 million, while Fidelity added $277 million. These massive flows are reshaping supply dynamics and strengthening the bullish outlook.
🐋 Whale Activity
A whale identified as 0x3952 withdrew 21,000 ETH (about $90 million) from Binance in just 40 minutes, raising its holdings to 86,001 ETH. This suggests reduced selling pressure and strong long-term conviction.
Another institutional entity accumulated 312,052 ETH (around $1.34 billion) over eight days, using multiple wallets to disperse volume.
💡 Why It Matters
Strong ETF inflows signal institutional confidence.
Whale accumulation reduces available market supply.
On-chain data confirms growing investor conviction.
📊 Next Target
The $4,600 to $4,650 range is critical. Sustaining above this zone could pave the way toward $5,000 in the coming weeks.
🦢 Swan2Soul
