Author
Simon Chandler
Author
Simon Chandler
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The Ethereum price has rallied in the past 24 hours, bouncing back to $3,649 after two whales scooped up a combined $400 million worth of ETH in just a few days.
While the coin is still down 5.5% over the past week, it’s up 45% in the last month and 55% year-over-year, showing impressive resilience despite recent market turbulence.
Last week’s selloff was triggered by global tariff hikes and the Fed’s decision to keep rates steady, which weighed heavily on crypto.
Even so, Ethereum’s long-term outlook remains strong. With growing institutional interest and robust fundamentals, the Ethereum price prediction remains firmly bullish for the months ahead.
Ethereum Price Prediction: Two Whales Just Bought $400M on the Dip – What Do They Know That You Don’t?
According to analytics provider Arkham Intelligence, the first whale in question accumulated just over $300 million in ETH across the first three days of the month, doing so via Galaxy Digital OTC.
The second whale is SharpLink, a gaming company that has recently transformed into an Ethereum investment/holding firm, and that added just over $100 million in ETH at the start of this month.
This brings its total haul to 480,031 ETH (c. $1.65 billion), making it the largest holder of the coin among publicly listed companies.
That SharpLink continues to hold such a large quantity of ETH, even after recent dips, testifies to the huge potential of the altcoin, which is still 25% below its 2021 ATH of $4,878.
And Ethereum is the hot coin of the moment, with data from Farside showing that ETH ETFs enjoyed just over $5.2 billion in inflows between July 1 and August 1.
The Ethereum price is currently consolidating inside a descending channel after its July breakout — but the broader trend remains bullish, with a potential rally toward $5,000 still in play.
Following last week’s dip, indicators are now flashing early signs of recovery.
The RSI (yellow) has bounced off the midline and is now approaching 50, suggesting growing momentum, while the MACD histogram has flipped green again, a classic precursor to a rebound.
If Ethereum can break above the upper resistance of the channel (currently around $3,800), it could trigger a sharp move back to $4,000, in line with previous support levels.
Fueling this setup is growing anticipation for staking-enabled ETH ETFs, with several issuers already filing amendments with the SEC to include yield-generating functionality.
Should these ETF modifications be approved in the coming weeks, Ethereum could surge to $4,000 by September and potentially hit $5,000 before year’s end, riding a wave of institutional demand.
Bitcoin Hyper Raises $7M and Becomes One of the Hottest Presales of 2025
While major tokens like Ethereum and Solana continue to grind sideways, many traders are shifting focus to early-stage presales where upside potential is far greater.
One of the biggest success stories right now is Bitcoin Hyper ($HYPER), which has already raised $7 million in what is quickly becoming one of the most popular token launches this year.
What makes Bitcoin Hyper stand out is its mission.
It’s the first true Layer 2 solution for Bitcoin, built to overcome the network’s long-standing issues like slow transactions, high fees, and lack of smart contract capabilities.
By integrating with Solana’s high-speed infrastructure, Bitcoin Hyper brings scalability and programmability to the Bitcoin ecosystem — something no other project has done at this level.
With presale tokens still available at discounted prices, Bitcoin Hyper could offer serious upside to traders who spot the momentum early.
Users can deposit their Bitcoin with Bitcoin Hyper’s smart contract, which will then provide an equivalent amount of Bitcoin for use on its L2 platform.
As for native token HYPER, this will have a max supply of 21 billion tokens, with holders able to stake the coin for a passive income.
You can buy the token now as part of the presale by going to the Bitcoin Hyper website. HYPER currently costs $0.012525.
This will rise later today, and will continue to rise every few days for the duration of the sale, so newcomers should act quickly.
Click Here to Participate in the Presale
