Ethereum Price Nears ATH With Whale Activity Hitting Monthly High

Key Insights:

• Ethereum price breaks $4,700 support, signaling strong bullish market sentiment.
• The $520M ETH buy by BlackRock renews the confidence of institutional investors.
• Whale activity neared a monthly peak, further strengthening Ethereum‘s bullish trend.

Ethereum price climbed past $4,700 on Thursday, reaching its highest point since early 2022. The surge has been driven by strong institutional demand, increasing ETF inflows, and bullish technical signals. Ether’s rally has outperformed Bitcoin in recent sessions, rising 5% in the past 24 hours versus Bitcoin’s 3% gain.

In the last month, ETH has experienced a surge of almost 60%, reaching an early trade of $4,770. The levels of whales are also in exploding demand as they continue to reach an all-time high per month. Analysts note that there is increasing confidence in the possible retest of its November 2021 all-time high of $4,891, barely 3.93 %off.

BlackRock buys Ethereum Tokens worth $520M

BlackRock reportedly invested in 109,244.95 Ethereum tokens worth about $520 million. Such a massive acquisition is an indicator of the increased institutional fascination with the cryptocurrency market and blockchain innovation with Ethereum.

Market analysts opine that this move can succeed in influencing the mood of the investors and can continue to be one factor that can affect Ethereum’s price trend.

The Ethereum Whale has been at an all-time high in the past month, with a high climb in large transactions. Market indicators show that major investors are transacting large amounts of ETH as a sign of revitalized interest in the market.

In the last few days, the cost of Ethereum has been on the rise as this trend in whale activity. Analysts have indicated that such a movement may be indicative of the significant accumulation by the important holders, which may affect the future trends of the market.

Ethereum, Bitcoin ETFs Record Strong Inflows

August 13 saw an impressive net inflow of $729 million worth of spot Ethereum exchange-traded funds. The figure is the second-highest single-day inflow in the history of the product, and is a mark of how investors are gaining confidence when it comes to Ethereum-based products.

At the same time, spot Bitcoin ETFs realized a net inflow of 86.91 million on the same day. This was the sixth session with positive inflows into the Bitcoin ETFs, indicating that institutions are showing continued interest.

Ethereum Transactions Surge to Record Highs

Ethereum price has recorded a steep increase in activity as transaction volumes are hitting a new record.

According to the data, the number of transactions in the network has reached records since its creation, considered one of the busiest times in the life of the network. This explosive rise is accompanied by a significant jump in price momentum making the interest of investors and the use of the network more significant.

According to market analysts, the current activity level of Ethereum is even higher than before, which proves increasing adoption and escalating on-chain activity.

Ethereum Price Prediction: Will Ether Hit $5k This Week?

The latest Ethereum price showed a strong surge, reaching $4,746 on August 14, 2025, with a massive rally of more than 5%. The Ether climbed in the 4-hour chart up to the resistance threshold of the $4,800 mark, but the selling pressure brought an end to its upward momentum.

The Relative Strength Index (RSI) stood at 74.28, which puts Ethereum in the overbought zone

The MACD (Moving average convergence divergence) indicator had a bullish direction, whereby the MACD line was above the signal line. The histogram remained positive, but the rate of higher momentum began to slow.

If buyers recover again, the Ethereum price forecast will be at the level of $4,800 once again, possibly breaking the psychological resistance of $5,000. A failure here could trigger a pullback to the levels of $4,650, and a further slip could test the levels of $4,500.

Disclaimer

This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.