Ethereum is seeing unprecedented whale accumulation as institutions are also stacking ETH on their balance sheets.
On-chain data platform Glassnode reveals that this scale of buying hasn’t been seen since 2017. Over the past week, daily net inflows into ETH wallets containing 1k – 10k ETH have consistently exceeded 800,000 ETH.
On June 12 alone, whales added a staggering 871,000 ETH, the highest single-day accumulation year-to-date. Total holdings in these whale wallets have now crossed 14.3 million ETH, underscoring a broader shift toward aggressive long-term positioning.
Meanwhile, spot Ethereum ETFs continue to buy the dip. BlackRock’s ETHA still hasn’t seen an outflow since May 7th and has added over $1 billion to its AUM in the period.
Institutions are loading up as well, with Minnesota-based Sharplink Gaming recently buying $463 million worth of ETH. It is now the largest public holder of Ethereum.
Smart money investors are already stacking Ethereum meme coins in anticipation of an explosive rally in ETH.
Is Ethereum A Better Investment Than Bitcoin In 2025?
Bitcoin has outperformed Ethereum so far this bull cycle. It saw 146.8% and 135% returns in 2023 and 2024, as compared to ETH’s 90.8% and 46.15%, respectively.
However, the trend could flip in 2025 and beyond. The ETHBTC trading pair has reclaimed the key 0.0225 support level, which signals that a bullish reversal is imminent.
The pair is already up by nearly 50% since its late April bottom and is currently consolidating within an ascending triangle.
Having successfully tested the lower range, ETHBTC could now see a bounce back up to the 0.0257 resistance level.
Notably, the ascending triangle is a bullish pattern, as evident by the higher lows, which means that the pair is on the cusp of a breakout.
Ethereum is, therefore, shaping up to be a stronger investment than Bitcoin this year, a bold statement given the growing consensus that BTC could hit $150,000 by 2025.
In the short term, ETH is expected to retest the $2850 resistance in the coming days. However, this isn’t why whales and institutions are stacking the largest altcoin.
The Ethereum price is consolidating within a multi-year bullish flag. Prominent analyst Bitcoinsensus claims that a breakout from the upper trendline has a price target of $8000 in the coming years.
Here’s Why Smart Money Investors Are Already Buying Ethereum Meme Coins
Smart money investors continue to view meme coins as beta bets on their respective blockchains. Unsurprisingly, tokens like Pepe have a strong correlation with ETH.
Unsurprisingly, savvy traders are stacking. Just yesterday, on Tuesday, a whale invested nearly $5 million worth of PEPE, data from Lookonchain reveals.
Other large-cap Ethereum meme coins that could explode include Turbo, Mog Coin and Floki.
However, low-caps are also in high demand. For instance, BTC Bull (BTCBULL) is an Ethereum-based meme coin that has tied itself to Bitcoin’s long-term growth trajectory.
Its holders will earn free Bitcoin when the BTC price hits $150,000, which is expected to happen this year itself. Additionally, they will also benefit from token burn events and BTCBULL airdrop at other milestones.
Owing to the strong demand for free BTC, it is no surprise that the BTCBULL presale has raised over $7.2 million in short order.
However, the clock is ticking, and the BTC Bull presale will be over in just 16 days. Sidelined investors will miss out on this opportunity to buy the coin, which many believe could be the next 10x crypto.
Visit BTC Bull Presale
This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article.
