Ethereum’s Bullish Surge Whale price has surged beyond $4,000 in the past 24 hours, increasing its weekly gains to over 9%, and is again making a strong advance. Strong ETH whale accumulation and positive on-chain data support the breakout above this important obstacle. According to market watchers, Ethereum will shortly hit a new all-time high.
Ethereum whales control 57.35% of the Supply
According to Sentiment’s blockchain analytics site, Ethereum whale wallets holding at least 100,000 ETH have reached 104. They own an incredible $333.1 billion worth of ETH, or 57.35% of the total supply. Additionally, at this time, 92% of ETH holders are making a profit.
However, at 33.46% of the total supply, wallets holding 100,000 or more ETH represent the lowest percentage ever. For example, smaller wallets holding less than 100 ETH have 9.19%, almost four years low. According to sentiment analysis, the fact that a small number of influential people own a disproportionate amount of Ethereum (ETH) suggests that this asset could see further price increases in the future, potentially reaching $5,000.
Ethereum’s Bullish Momentum and Price Predictions
Following Ether’s recent closing above the $3,800 support on the weekly chart, Crypto researcher Venturefounder highlighted that the uptrend is confirmed. There is now bullish momentum in Ethereum, as the “cup and handle” pattern is being fulfilled. Retesting the ATH at $4,900 is one of the next important price objectives, followed by $5,349, $6,457, and $7,238. This increasing trajectory might materialize by the end of Q1 2025, according to Venturefounder.
The expert said Ethereum may “blast off and never look back,” surprising investors and adding to the general mistrust. In May of 2025, Venturefounder predicts that Ethereum will reach its long-term optimistic price goal of $15,937.
On a 30-day chart, Ethereum has performed better than Bitcoin and other cryptocurrencies, according to Glassnode. ETH rose 26.99% during the same period, and BTC gained 17.49%. It also indicates that Ethereum has surpassed Solana as the leading alternative coin—gains in SOL price for the past 30 days amount to a meagre 1.69%.
ETH-BTC Strong
The current success of Ethereum relative to Bitcoin has led to a resurgence in the ETH/BTC market. According to Venturefounder’s analyst:
The chief digital asset strategist at VanEck, Matthew Sigel, also predicted that the ETH/BTC pair will have a meteoric rise in 2020. With a market worth of $482 billion, the price of ETH traded at $4,005 as of press time, an increase of 1.34%. A whopping $80 million has been poured into the 24-hour liquidation, with $54 million going toward short liquidations alone.
Final Thoughts
As a result of positive on-chain data and whale accumulation, Ethereum just surged beyond $4,000, indicating strong bullish momentum. As a result of whales owning more than 50% of the supply and numerous investors being profitable, ETH is well-positioned for additional gains. If all goes according to plan, it might retest its all-time high and hit $15,937 by the middle of 2025. Ethereum has performed remarkably well compared to Bitcoin and Solana, thus establishing its status as a top cryptocurrency. Its future growth prospects are bright.
