Ethereum (ETH) Surges to $3,400: What Caused the Price Rise?
Jakarta, Pintu News – Ethereum recently hit a new high by surpassing the $3,400 mark, catching the attention of global investors. With the significant price increase, various investment strategies have come into view, from massive accumulation to selling to take profits.
Check out the full information below!
Accumulation Strategy by Large Companies
SharpLink Gaming, which just adopted an Ethereum (ETH) based treasury strategy last month, has dramatically increased their holdings. According to data from EmberCN, the company added 20,279 Ethereum (ETH) to its portfolio, with a total value of around $68.38 million.
This purchase was made through Coinbase Prime and Galaxy Digital, marking a major step in their investment strategy. In addition to SharpLink Gaming, World Liberty Financial , backed by President Donald Trump, has also shown strong interest in Ethereum (ETH).
WLFI recently purchased 3,007.4 Ethereum (ETH) at $3,325 per coin, showing high confidence in the long-term potential of this asset. This purchase adds diversification and strength to WLFI’s portfolio in a volatile market.
Also read: Satoshi-era Bitcoin Whale Sells the Rest of BTC, James Wynn Opens 40X Short Position!
Withdrawal and Repositioning by Whale
Fenbushi Capital, one of the major crypto investors, recently withdrew 4,000 Ethereum (ETH) from Binance. This move may signal a larger strategic repositioning plan in the face of current market dynamics. This massive withdrawal suggests a potential change in investment strategy by Fenbushi.
On the other hand, an unknown whale also made a large withdrawal from Kraken, totaling 7,980 Ethereum (ETH) worth $26.86 million.
EmberCN notes that this whale has withdrawn a total of 88,292 Ethereum (ETH), worth $250 million, from Kraken since last week. This suggests that even large investors are reconsidering their positions in the face of market volatility.
Read also: Price of 1 Pi Network (PI) in Indonesia Today (07/18/25)
Sales to Take Advantage
Trend Research, an investment firm, has sold 79,470 Ethereum (ETH), with a total value of $250 million, at an average price of $3,145 in the last two days. These sales come after they accumulated 184,115 Ethereum (ETH) at an average price of $2,118 between February and June. This suggests a strategy of selling at the peak to secure profits from previous investments.
In addition, Argot Collective, a non-profit organization, has sold 1,210 Ethereum (ETH) for 4.09 million USDC. Since it started selling Ethereum (ETH) for stablecoins on July 11, it has converted 3,626.6 Ethereum (ETH) into 11.2 million USDC, with an average selling price of $3,089. This move shows the tendency of some investors to secure assets in a more stable form amid market uncertainty.
Conclusion
With various strategies employed by investors, the Ethereum (ETH) market is currently exhibiting complex dynamics. Whether it’s massive accumulation or selling to take profits, both tactics reflect a response to changing market conditions and confirm the importance of flexible strategies in crypto investing.
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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
- BeInCrypto. Ethereum Price Rally: Whale Strategies. Accessed on July 18, 2025
- Featured Image: Generated by Ai
