
A $110 million investment by an Ethereum whale suggests strong bullish sentiment.
Ethereum’s recent upgrade and rising usage are fueling price growth.
Reduced exchange supply and growing institutional interest support a possible price rally above $3,000.
Ethereum (ETH), the second-largest cryptocurrency by market value, is once again in the spotlight. As of May 30, 2025, Ethereum is trading around $2,636.61. Though the price saw a small dip of 0.03%, the asset continues to attract investors and analysts who believe the coin may be heading higher, possibly above the $3,000 mark. One major reason behind the growing interest is a recent large-scale purchase of Ethereum, which has raised expectations and fueled bullish sentiment.
A recent $110 million purchase involving Ethereum has caught the attention of the crypto world. A single large investor—often called a "whale" in the crypto space—bought 30,000 ETH worth approximately $54 million through a private platform. The rest of the amount was used to acquire Bitcoin.
This kind of massive purchase is not common and is generally seen as a strong positive signal. It suggests that the whale expects Ethereum's price to increase significantly shortly. In many past cases, similar whale moves have been followed by rising prices.
Additionally, data shows that large wallets holding between 10,000 and 100,000 ETH have collectively added 190,000 ETH in recent days. This trend of accumulation by big investors shows that the long-term sentiment toward Ethereum remains strong.
From a chart and pattern perspective, Ethereum is forming what analysts call a "bullish flag" pattern. This usually occurs when the price rises quickly and then pauses or consolidates before continuing to climb. Currently, Ethereum is sitting just above $2,545 and is aiming to break above resistance levels at $2,730 and $3,000.
Breaking through these resistance levels would likely lead to another strong price surge. This is because many traders use these levels to decide whether to buy or sell. Once the price passes through such a level, more buyers tend to jump in, pushing the price even higher.
Another positive sign for Ethereum is the growth of its ecosystem. The total value locked (TVL) in Ethereum-based platforms has increased by 26% over the last month. TVL refers to the amount of money held in Ethereum smart contracts, such as those in decentralized finance (DeFi) platforms. A growing TVL shows more people are using Ethereum for financial applications.
In addition to that, investment products like Ethereum-based exchange-traded funds (ETFs) have seen more than $2.7 billion in new investments. These funds allow people to invest in Ethereum without actually holding the asset, and rising ETF investments suggest more interest from large, traditional investors.
Ethereum recently completed a major software upgrade called "Pectra," which is a combination of two updates named Prague and Electra. This upgrade introduced 11 technical changes to the Ethereum network, designed to improve speed, reduce costs, and make the network more user-friendly.
Following the Pectra upgrade, Ethereum’s price jumped by over 12% in a single day. It also helped push the coin above the important $2,000 mark. Many experts believe that if this momentum continues, Ethereum could soon reach and surpass $2,500.
Also Read: ETH Poised for Breakout After 4 years: Analyst Says Price May Go 'Insane'
In just three days, between May 18 and May 20, more than 89,000 ETH, worth over $220 million, were withdrawn from major crypto exchanges like Coinbase, Binance, and Kraken. When large amounts of a cryptocurrency are moved away from exchanges, it usually means that holders plan to keep their coins for a longer time.
This trend often reduces the amount of ETH available for trading, which can push prices up if demand remains steady or increases. The lower the supply on exchanges, the higher the potential for upward price movement.
Many financial experts have offered predictions for Ethereum’s price in the coming months and years:
One forecast suggests that Ethereum could hit a high of $5,925 by the end of 2025, with an average price of around $4,392.
Another outlook provides a possible range between $1,669 and $4,905, depending on how the broader crypto market performs.
A more conservative prediction places Ethereum’s high for the year at around $3,750.
These predictions vary based on different assumptions, including market trends, global economic factors, and regulatory developments. However, the fact that all forecasts expect ETH to stay above $2,000 shows strong overall confidence in its value.
Also Read: Crypto Report (April 2025): Bitcoin Surges Over 14%, Ethereum, Solana, and Altcoins Follow Suit.
Ethereum’s recent price movements, combined with whale activity, network upgrades, and growing investor interest, point to a bullish trend. The $110 million purchase by a single investor, including 30,000 ETH, is a strong signal that large holders are confident in Ethereum’s future.
The launch of the Pectra upgrade has improved Ethereum’s performance and boosted investor confidence. A steady increase in total value locked, reduced ETH on exchanges, and large ETF inflows all suggest that Ethereum is gaining strength both as a technology and an investment.
If current trends continue, Ethereum has a solid chance of maintaining its position above $2,000 and moving higher. Although the crypto market is known for volatility, all signs currently point to Ethereum being in a strong position for growth in 2025 and beyond.