According to glassnode, Ethereum (ETH) whale wallets holding between 1,000 and 10,000 ETH have accumulated more than 800,000 ETH daily for nearly a week, with total holdings surpassing 14.3 million ETH. Notably, on June 12, whales added over 871,000 ETH in a single day, marking the highest daily net inflow year-to-date and the largest buying activity since 2017 (source: glassnode, June 17, 2025). This significant accumulation trend signals strong bullish sentiment and could indicate upward price momentum, making ETH a focal point for crypto traders and investors.

According to Crypto Rover, BlackRock has purchased $32.5 million worth of Ethereum, signaling significant institutional confidence in ETH. This large-scale acquisition is viewed as a bullish indicator for Ethereum, potentially driving upward price momentum as institutional investors increase their exposure (source: Crypto Rover, Twitter, May 28, 2025). Traders are closely watching ETH price action for potential breakout opportunities, with expectations of increased liquidity and volatility in the crypto market following this move.

According to Crypto Rover on Twitter, Ethereum (ETH) is showing early signs of a potential price reversal, supported by recent analysis of on-chain data and technical indicators. Crypto Rover points to increased trading volume and a bounce from a significant support level as factors that could drive a short-term bullish movement for ETH. Traders are advised to monitor the $3,000 support zone closely, as sustained buying pressure above this level could trigger further upward momentum (source: @rovercrc, April 29, 2025).