In June 2025, Ethereum's price has regained the $3000 mark amid record accumulation by whales, with over 600K ETH flowing into wallets.
Whales Accelerate Accumulation
Ethereum's price surged from $1640 to $3650 in six weeks, marking a 122% increase. The aggressive accumulation is reflected in inflows exceeding 500K ETH throughout the month, as whales are described as 'absorbing everything' amid supply shock pressure.
OTC Desk Activity Confirms Institutional Moves
OTC transfer data reveals Galaxy Digital facilitated a 1.98K ETH transaction worth $4.82 million. This pattern repeated several times over the week, totaling over $40 million in structured treasury movements.
Staking Deposits Show Conviction in ETH2 Transition
Currently, over 35.2 million ETH, or nearly 30% of the supply, is staked. This growth has persisted even through market volatility, indicating strong holder conviction in Ethereum's long-term viability.
The key developments in June 2025 highlight a strong interest in Ethereum by whales and institutional investors, confirming the long-term prospects of the network.
