Ethereum Price Prediction 2025 – When will ETH hit $10,000?
Ethereum Price Prediction 2025 – When will ETH hit $10,000?
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In the past week, the value of Ethereum (ETH) has increased by 3%. After a period of fluctuating performance in May 2023, the present trend among Ethereum whales is bullish.
Santiment's compilation of on-chain data indicates that crypto billionaires are again optimistic about Ethereum. Recent data indicates that ETH whales have considerably increased their trading activity over the past week. In May, Ethereum's performance was lackluster.
The number of Large Transactions involving ETH nearly doubled between May 27 and June 2. On May 27, a total of 1,840 Large Transactions were recorded; by June 1's end, that number had increased to 3,660.
Large Transactions refer to transactions that exceed $100,000 per day. An increase in this metric indicates that billionaires are increasing their Ethereum investments. Whales are typically influential institutional investors or individuals with high net worth, so their actions bear considerable weight.
Despite the recent price increase, ETH holders continue withdrawing their assets from exchanges. According to the Glass Node graph, an additional 486,000 ETH were removed from exchanges last month. The Balance on Exchanges metric measures the number of coins proprietors have deposited on cryptocurrency exchanges.
Let’s see the possible Ethereum (ETH) Price Prediction from the ETH/USDT technical analysis.
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