Recent data shows that over 1.8 million ETH were purchased in the last month, indicating a possible upward trend for Ethereum price toward $6,400.
Whale Activity Confirms Ethereum's Upward Trend
According to analysts, large investors are continuing to buy Ethereum actively. Over 1.8 million ETH were acquired in the past month, which may signal a potential breakout of key resistance levels. Analyst Ali Martinez noted on the X platform that the price could reach $6,400 if Ethereum surpasses its current price range.
Market Events Impacting Ethereum
July 2025 was relatively calm for the cryptocurrency market. Increased interest from large investors coincided with a period of low trading activity. Meanwhile, clarifications from political and financial news, such as President Donald Trump's remarks and the signing of the Genius Act, may have influenced investor sentiment. Although these events did not create immediate price fluctuations, they could affect market perspectives moving forward.
Expert Opinions on Ethereum's Future
Wall Street strategist Tom Lee predicts that Ethereum price may rise to $16,000 by paralleling the current situation to Bitcoin's performance in 2017. Ethereum founder Vitalik Buterin also emphasized the importance of a cautious approach toward adding ETH to company assets, highlighting the necessity for prudent risk management and sustainable growth.
The interest from large investors and rising market activity may signal a potential rise in Ethereum's price in the coming months. However, experts emphasize the need for caution and a balanced investment approach.
