Ethereum is seeing unprecedented institutional interest, with large-scale inflows pushing the asset toward critical resistance zones. This surge in demand highlights renewed bullish momentum, signaling that the ETH price could test key price levels not seen in months. Traders and investors are closely watching specific support and resistance areas to gauge the sustainability of this rally, as market behavior around these zones often determines short- to mid-term trends.
With Ethereum’s network activity and adoption continuing to grow, combined with institutional stacking, the current bull run could set the stage for significant upside. Key technical levels will be crucial to monitor.
Whales & ETFs Stack ETH—Bull Run Intensifies
Institutional investors and ETFs are increasingly shaping Ethereum’s current bull run, with major players stacking significant amounts of ETH since August 2025. These inflows are not only driving price momentum but also reducing the circulating supply, adding upward pressure on the market. Tracking recent purchases, total holdings, and the value of these positions offers critical insight into who is influencing Ethereum’s trajectory. The table below highlights the key institutions and ETFs actively accumulating ETH and their impact on the rally.
| Institution | Recent Purchase | Total ETH Holdings | Total Value |
| Bitmine Immersion Tech | 316,000 ETH | 1,200,000 ETH | $5.54 billion |
| Sharplink Gaming | 345,000 ETH | 345,000 ETH | $1.59 billion |
| Fundstrat | 317,000 ETH | 317,000 ETH | $1.46 billion |
| Arthur Hayes (BitMEX) | 1,750 ETH | 1,750 ETH | $8.08 million |
| Fidelity Investments | $145 million | ~31,400 ETH | $145 million |
Apart from this, the ETH ETF has also seen a spectacular rise in the inflows after the shocking outflows recorded in the first few days of the month. After flooding out nearly 133K ETH on 04 August, the ETFs have seen an inflow as high as 240K ETH in the past couple of days. More than $500 million worth of ETH has been bought on August 12 alone, including the BlackRock spot ETH ETF that bought 75,000 ETH worth $318.7 million. With this rise in institutional interest, the probability of the price hitting a new ATH has also risen unprecedentedly.
Ethereum Price Analysis—ETH Price May Hit $6000
Ever since the price has broken the $4000 barrier and risen above the correction, the bulls have become significantly bullish on the upcoming price action. Breaking the barrier for the first time since December 2021 has turned the retail traders, the whales, the bulls and the institutions extremely bullish on Ethereum and hence the price is now primed to hit a new ATH anytime from now.
As seen in the above chart, the ETH price in the weekly chart has surged above the Gaussian channel, which is currently painted red. On the other hand, the weekly RSI has just entered the overbought zone, surpassing the upper threshold. Therefore, as the Gaussian channel turns bullish and the RSI settles in the overbought zone, the ETH price is believed to kick off a strong bull run to the initial target close to $6000.
Collectively, Ethereum is at the foothill of a massive explosion! The Google searches for the second-largest token just hit their highest level since 2021. Besides, 75% of the Polymarket users believe the ETH price is on track to hit a new ATH, which is just 5% away now. Moreover, hitting $5000 could liquidate $1.3 billion in shorts, which could further fuel a strong Altseason as well. Therefore, the Ethereum price rally has just begun and may outperform Bitcoin in the coming days.
