Ethereum News: Ethereum Whales Accumulate $2.5B in ETH — Largest Daily Inflow Since 2018

Key Takeaways:Ethereum whales bought 818,000+ ETH ($2.5B) on June 15 — the largest daily inflow since 2018.ETH is consolidating in a multimonth range, mimicking its 2017 chart before a 1,000% rally.Analysts see a short-term target of $4,000, with upside potential to $10,000.Ethereum Whale Activity Hits Six-Year HighEthereum wallets holding between 1,000 and 10,000 ETH recorded a net inflow of 818,410 ETH, worth approximately $2.5 billion, according to Glassnode data. This marks the largest daily accumulation by whales since 2018, signaling growing conviction among high-net-worth investors and institutions.These wallets now collectively hold over 16 million ETH, up from 11.87 million ETH a year ago.Institutional Demand Also RisingThe whale accumulation aligns with a sharp rise in institutional flows into Ether-focused funds. According to CoinShares, ETH investment products attracted $583 million in the week ending June 13, bringing year-to-date inflows to $2.28 billion. ETH Consolidates in 2017-Like PatternETH is currently trading within a $2,150–$3,600 multimonth range while holding above key 50- and 200-week EMAs, forming a structure similar to the one that preceded its 1,000% rally in 2017.“ETH is coiling below resistance just like it did in 2017,” said analyst Milkybull Crypto.Back then, Ether ranged between $10–$20 before exploding above $1,500 during the ICO boom. Today’s catalysts are different—ETFs, staking, and asset tokenization—but the setup is familiar.Price Targets: $4,000 and Beyond?Short-term target: $4,000 (upper resistance of the current range)Longer-term projection: $10,000, if momentum builds post-breakoutMilkybull and other analysts see the $4K breakout as the next step, with $10K still “on the table” in a strong bull scenario.