Ethereum (ETH) Poised for $4,000, Backed by Massive Accumulation?

Jakarta, Pintu News – Ethereum has shown its strength again with a gain of more than 3% in the last 24 hours, breaking the $2,600 mark. This was driven by massive accumulation by whales and strong institutional demand.

With various developments underway, market analysts remain optimistic about the potential rise in Ethereum (ETH) price to $4,000.

Check out the full analysis below!

Ethereum Strong Base Formation at $2,500

Crypto analyst, Rekt Capital, noted that Ethereum (ETH) has managed to close the week above the critical level of around $2,500. Following the close, Ethereum (ETH) has retested this level as support, strengthening its position as a foundation for further gains.

On-chain data shows that there is a large accumulation of Ethereum (ETH) above $2,500, which makes this a strong support and reduces the possibility of further decline. Blockchain analytics firm Glassnode reported that around 3.45 million Ethereum (ETH) has a cost basis between $2,513 and $2,536, making it one of the strongest accumulation zones in recent months.

Also read: These Top 3 Crypto are Predicted to be Bullish in 2026 According to ChatGPT

Ethereum Institutional Accumulation Increases

Institutional accumulation for Ethereum (ETH) continues to rise, with many large companies vying to build their Ethereum Treasuries. SharpLink Gaming, the largest corporate Ethereum (ETH) holder, purchased an additional 7,689 Ethereum (ETH) at an average price of $2,501, for an investment of $19.2 million.

With this latest purchase, SharpLink’s total Ethereum holdings have reached 205,634 Ethereum (ETH), cementing its position as the largest publicly traded Ethereum (ETH) holder. On the other hand, Nasdaq-listed GameSquare announced a $100 million Ethereum Treasury strategy on July 8, signaling a major push into the digital asset.

To support this initiative, the company launched a public offering of 8,421,054 secured common shares at $0.95 per share, which is expected to generate approximately $8 million before fees and expenses.

Read also: 4 Crypto’s That Are Widely Talked About in Mid-2025

Conclusion

With strong institutional support and accumulation by whales, Ethereum (ETH) seems to have prepared itself for a significant price increase. Market analysis and on-chain data suggest that Ethereum (ETH) could hit its $4,000 price target in the near future. This signals a new era for Ethereum (ETH) as a digital asset with significant growth potential.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coinspeaker. Ethereum (ETH) Price Hits $4K Amid Accumulation: What’s Next?. Accessed on July 10, 2025
• Featured Image: Finance Magnets