An Institutional Entity Has Bought Ether Worth $946M In The Past 7 Days.

An unidentified entity has been accumulating Ether (ETH) aggressively over the past week, buying 221,166 ETH as the asset rallied by 21%. In the past 24 hours alone, the “mysterious institution” bought $212 million of Ether, according to data analytics platform Lookonchain. The whale tracker said the entity is using six different wallets to store its Ether, which it acquired from Galaxy Digital, FalconX and BitGo. The wallet with the most Ether has $181 million worth, while the wallet with the least Ether has $128 million worth. The buying comes…

Ether May See New Record Highs in Under Two Weeks

Key points: Ether is on track to reach $20,000 as a lifelong price channel stays relevant, says a popular trader. ETH may even break beyond the channel for the first time in history. Against Bitcoin, Ether bulls still have a lot of work to do to match all-time highs from 2021. Ether (ETH) has a new $20,000 target as hyper-bullish price predictions join the push to seven-month highs. New X analysis from popular trader Merlijn sees ETH/USD repeating a rare chart move, which could produce another 375% gain. ETH price…

Ether Short Wipeout Amid $4K Reclaim Led To Eric Trump Smiling

Ether saw the largest short position wipeout of the day across all crypto assets on Friday as its price surpassed $4,000, with some analysts saying it could be setting the stage for a short squeeze. The rally led to Eric Trump, son of US President Donald Trump, taking a jab at bearish traders. $4.1K is now key for the “short squeeze,” says trader “It puts a smile on my face to see ETH shorts get smoked today. Stop betting against BTC and ETH – you will be run over,” Trump…

Ether Hits $4,000 Again As Bitcoin Crypto Market Cap Dominance Dives

Key points: Ether hits $4,000 for the first time since December 2024 in a key milestone for the year. ETH price optimism continues with Ether taking chunks away from Bitcoin’s crypto market cap dominance. BTC could still stage a fresh but short-lived rebound, analysis says. Ether (ETH) returned to $4,000 for the first time in eight months Friday as Bitcoin (BTC) shed its crypto market cap share. ETH/USD one-hour chart. Source: Cointelegraph/TradingView Ether in “reaccumulation zone” as bulls surge to $4,000 Data from Cointelegraph Markets Pro and TradingView showed ETH/USD…

Ether Surge Signals Major ‘200-500%’ Altcoin Rally: Trader

Ether has continued to hold strength, signalling that altcoins may be gearing up for an explosive rally of up to 500% as early as October, says a crypto analyst. However, not all traders are convinced Ether’s (ETH) current uptrend will last. Altcoins may start posting gains by October MN Trading Capital co-founder Michaël van de Poppe said in an X post on Thursday that he is “all-in” on altcoins, adding there could be “200-500% to be made in the next 2-4 months.”  “The recent move of ETH is the first…

Pendle Lets Crypto Traders Bet on Bitcoin, Ether Funding Rates With Boros Platform

Pendle has opened up Boros, a new platform on Arbitrum that allows users to directly trade the funding rates of bitcoin (BTC) and ether (ETH) perpetual markets. Boros lets users go long or short on funding rate exposure using “Yield Units” (YUs), which are structurally similar to Pendle’s existing Yield Tokens. Each YU represents the realized funding yield on 1 unit of notional, such as 1 ETH or 1 BTC, until expiry, offering a mechanism to speculate or hedge against changing funding conditions…