BlackRock’s $300.9M ETH Bet Fuels Futures Surge as Ethereum Tops Bitcoin

2025-07-21 07:43:12 分类：Blockchain 阅读(956)

Futures data confirms bullish speculation is Binance app downloadheating up. Pepe, SUI, and Dogwifhat are seeing strong derivatives activity, yet Ethereum remains the anchor. Despite a negative funding rate, Ethereums dominance in open interest and volume reflects growing leveraged exposure.

Whales Boost ETH Holdings as Price Nears Key $3K Resistance Level

On-chain whale data reveals addresses holding over 10,000 ETH increased their holdings by 9.3% since October 2024. This pace is nearly twice as fast as the pre-rally accumulation rate in mid-2022, when ETH doubled in price. Whale holdings rose from 37.56 million to 41.06 million ETH in that span, according to Glassnode.

Ethereum Mega -Whale Net Position Change (Entities 10k+ETH) | Source : glassnode

Ethereums current price is around $2,977 and testing the $3,000 resistance level. Sentora notes that 4.1 million addresses are holding ETH between $3,000–$3,100, potentially creating short-term selling pressure. Still, the MACD and Ichimoku indicators on the weekly chart show bullish continuation potential as long as $2,550 holds as support.

Ethereum Price Analysis | Source : TradingView

Portfolio allocation data from CryptoGoos shows Ethereum makes up over 90% of observed holdings. ETHs overwhelming preference among institutions and whales further supports the rotation narrative from Bitcoin.

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