Ethereum Rebounds to $2,580 as Whales and ETFs Signal Breakout—Can ETH Hit $3,200 Next?
With 48,825 ETH bought by a whale, exchange reserves at record lows, and stETH unlocking institutional demand—is Ethereum finally ready to smash through $3,000 and head for $3,200? | That's TradingNEWS
ETH-USD Eyes $3,000 Recovery as Whale Buys, ETF Inflows, and Institutional Staking Reset Sentiment
Ethereum Rallies After Whale Buys $127M on Dip—Is a $3,000 Breakout Next?
Ethereum (ETH-USD) has reawakened bulls, reclaiming the $2,550 zone after a stealth whale buy of 48,825 ETH worth $127 million during a market-wide dip. The entry price around $2,605 revealed conviction: this same address reportedly booked $30 million in profit in previous Ethereum trades. It wasn’t just a lone bet—it ignited fresh momentum after ETH briefly broke above $2,600, triggering $134 million in liquidations, according to Coinglass, and flipping exchange reserves sharply lower.
Derivatives Spike, Put-Call Ratio Hits 1.20, and Futures Interest Nears All-Time High
While the spot market surged, Ethereum’s derivatives data surged in tandem. The put-to-call ratio climbed to 1.20, showing hedging pressure around the $2,700 strike, viewed by many traders as a key decision level. Meanwhile, ETH futures open interest approached $40 billion, suggesting aggressive positioning by both bulls and bears. That buildup reflects conviction—not just speculative noise.
Daily volume spiked 88% to $22.5 billion, and ETH reclaimed the 23.6% Fibonacci retracement at $2,518, currently ranging between $2,518 and $2,580 on short-term charts. A clean break above $2,607 opens the door to $2,647 and possibly $2,800. But a rejection below $2,518 could drag ETH back toward $2,440 or even $2,300, especially if macro risk or liquidation flows escalate.
ETH ETFs Pull in $583 Million—Highest Since December 2024
Institutional inflows are finally showing up. Ethereum investment products posted $583 million in net inflows last week—the strongest ETF inflow since December. US spot ETH ETFs alone saw $528 million, extending an 18-day inflow streak before geopolitical tensions cooled sentiment with a small $2.18 million outflow on Friday.
This accumulation trend is reinforced by exchange reserves plunging from 18.72 million ETH to 18.57 million ETH, marking a historic low. That drop signals one thing: less ETH available to sell.
Staking Ecosystem Drives Institutional Rotation as Lido, Komainu Expand Access
While the price has underperformed, ETH's staking fundamentals are outperforming. 27% of all staked ETH is now locked via Lido, the dominant liquid staking platform. And institutional gateways just opened wider—Komainu, a regulated custodian, added support for stETH, enabling asset managers in Dubai and Jersey to stake ETH with compliant custody.
This matters: stETH provides staking yield with liquidity, sidestepping the capital lock-up problem. Lido v3’s modular contracts target exactly that institutional audience, and analysts at the Lido Ecosystem Foundation say demand is accelerating from asset managers, family offices, and crypto-native firms alike.
ETH Bulls Look to $2,850 and $3,000 as Momentum Rebuilds
Ethereum faces one key hurdle: the 200-day simple moving average near $2,600, where price was rejected this week. If ETH can flip that level into support, it could retest $2,850, and then $3,000, with a stretch goal of $3,200. The EMAs (20/50/100/200) are stacked beneath price, reinforcing bullish structure. On the downside, bulls need to defend $2,500, then the lower channel boundary near $2,260, backed by the 50-day SMA. If those supports fail, ETH may test $2,110 again.
Momentum indicators lean bullish. The RSI is above neutral, hinting at upside potential, while the Stochastic RSI shows a bounce from oversold, supporting trend continuation. A breakout will require confirmation—but the setup is constructive.
HYPE’s Surge, Whale Accumulation, and Layer-2 Usage Fuel Ethereum's On-Chain Story
The Ethereum narrative isn’t just macro—it’s on-chain. Layer-2 activity is rising, fees are lower, and new dApps are growing fast. While BTC sits near $107K, Ethereum is outperforming altcoin peers like SOL ($155) and XRP ($2.25), and catching up to HYPE, which just hit $45.80. Ethereum benefits indirectly from this momentum, especially as Hyperliquid's EVM chains and cross-chain bridges expand capital flows into ETH-native apps.
Staked ETH Hits 34.7M, Liquidity Rotation Deepens with Beacon Chain Growth
Ethereum’s staked supply just reached 34.7 million ETH on the Beacon Chain, showing that yield-bearing Ethereum is now a dominant allocation theme. From DeFi and CeFi to OTC markets, stETH is now a favorite instrument among large investors.
Institutional capital—via BlackRock, Fidelity, and other players—is rotating into ETH-based staking and ETF products. This trend, paired with the ongoing drop in circulating ETH on exchanges, suggests a multi-quarter structural bull case.
Buy Rating: ETH-USD Targeting $3,200 Near Term, $4,000 Medium Term if ETFs and Network Upgrades Deliver
The ETH-USD setup is strengthening. With daily support above $2,550, spot accumulation via whales, ETF inflows over $583 million, and staking integration expanding globally, Ethereum is positioning itself for a breakout above $2,800–$3,000, followed by a test of $3,200. If momentum holds and the $3,000 barrier breaks, the longer-term trajectory toward $3,600 to $4,000 is valid.
ETH-USD is a Buy above $2,550 with stop loss at $2,440 and upside targets at $2,850, $3,000, and $3,200, with a longer-term bull case to $4,000 if regulatory clarity around ETF staking emerges. As institutions flood into Ethereum's ecosystem and retail flows rebuild, the path higher remains technically and structurally intact.
