What To Know
- Ether price is holding above $4,600, gaining around 11% in the weekly chart as it nears the $4,700 mark.
- Institutional bets and ETF inflows increased, as last week, Ethereum-related funds had a blow of $1.5 billion, and futures open interest hit $62 billion.
- On-chain movement reveals whale buying, such as the purchase of 800,000 ETH in the last week, whereas other investors keep making gains.
On Monday, Ethereum (ETH) is steadily hovering above the $4,600 level due to an increase in institutional buying, inflows in the ETFs, and general strength in the digital assets market. The stable performance of the token has raised the curiosity of more traders following its subsequent action, especially with a number of analysts predicting a possible breakout to new record heights.
Ethereum Price Holds Steady Above $4,600
Based on the market data, Ethereum has gained more than 4% in the last 24 hours, momentarily reaching approximately $4,700. The Ether trade volume increased by 0.78% to be at $44.44 billion. Even with the light activity, the ETH price has soared by about 11% over the week and 9.7% on a monthly basis and is trading within a tight margin of $4,480 and $4,694.
Recent OC indicators still support the current bullish condition. According to CoinGlass, Ether futures open interest increased by 4.47% to almost $63.04 billion, implying that leveraged traders increased their positions. Analysts think that this increased action might be attributed to anticipations of the next significant price action of Ethereum, particularly because Bitcoin has now entered a new all-time high.
Michael van de Poppe, a market analyst, compared the current performance of Ethereum to their previous performance that occurred in Bitcoin. He proposed that ETH would travel with the trend of BTC, and it might hit its last peak of $4,953 towards the end of October or November. His forecast has attracted the interest of traders who expect the fourth-quarter trend to carry on with the fourth-quarter gains that the major cryptocurrencies have recorded in history.
The mood in Ethereum has also been enhanced by new investment products by Grayscale. Recently, the asset manager launched two spot crypto exchange-traded funds, the Ethereum Trust ETF (ETHE) and Ethereum Mini Trust ETF (ETH), both of which have staking capabilities. The debut of the U.S.-listed spot crypto ETPs with staking reward is the first move of institutional confidence in the long-term sustainability of Ethereum.
Ether ETF Inflows Surge Amid Whale Acquisition
In the meantime, there has been a boom in capital inflow into Ethereum-linked funds. The week before, statistics showed that U.S. spot Ethereum ETFs drew in slightly under $1.3 billion of net investments. The aggregate market data indicated that a total of $1.5 billion of money had been injected into Ethereum-related investment products last week, and this pushed the 2021 total to $13.65 billion. Analysts take these numbers as a sign of institutional re-entry and increased hope in the growth potential of Ethereum.
Arthur Hayes(@CryptoHayes) bought 113.7 $ETH($520K) 2 hours ago again.https://t.co/loeYKUb9rN pic.twitter.com/bqP1FPYnKQ
— Lookonchain (@lookonchain) October 6, 2025
Movements by influential people on the blockchain have contributed to market attention. The Onchain Lens data tracking showed that BitMEX co-founder Arthur Hayes purchased nearly 113.7 ETH, worth nearly half a million dollars, in an over-the-counter purchase with Galaxy Digital. The acquisition and confirmed speculation that major investors could be becoming more invested in Ethereum before future potential gains.
Simultaneously, Ali Martinez, a market observer, noted that big Ethereum owners gained almost 800,000 ETH within the last week. The growth in the number of whale holdings has helped boost investor faith and anticipation of positive trends.
Several analysts have given different milestones for the next major step of Ethereum. Crypto trader Crypto Rover estimated ETH might gain up to $9,950, and analyst Mags had a more realistic objective of $7,331 but noted that the most important support level to maintain the existing structure was at $4,526. Yet another analyst, Captain Faibik, cited the power of October, which is commonly known as Uptober, and Ethereum might increase to approximately $6,666 in the month.
Regardless of the general optimism, on-chain information indicates that there are other investors who are cashing out during the rally. The blockchain analytics company, Lookonchain, announced that a long-term holder just sold 1,800 ETH, which is approximately equal to $8.12 million. Market watchers think that this type of profit-making may form short-term backlashes despite long-term accumulation.
With Ethereum continuing to move above the $4,500 mark, traders are keenly looking at key levels of support, as well as future ETF flows. These factors could dictate whether the ETH price will reach a new all-time high in the coming weeks.
Also Read: Will XRP, Solana ETFs Be Affected as SEC Misses Litecoin ETF Deadline?
