Ethereum price neared the $1,900 mark, supported by renewed inflows into spot Ether ETFs and record whale transactions. These factors drive momentum toward the $2,000 resistance level, with potential extension around $2,062 if the price closes firmly above $1,900.
ETF Inflows Highlight Institutional Demand
US spot Ether ETFs attracted approximately $105.44 million in net inflows last week, the largest weekly sum since April 2026, reversing a period of outflows. BlackRock's iShares Ethereum Trust accounted for over $100 million of these inflows, signaling a resurgence of institutional appetite through regulated investment channels. This development contrasts with prior fears of fading professional interest amid market downturns. Concurrent gains in Bitcoin, which climbed past $66,000, provided a bullish backdrop for the broader crypto market and supported Ethereum's recovery.
Whale Activity Fuels DeFi and Liquidity Movement
Activity among large holders surged as Wrapped Ethereum (WETH) recorded 113,000 transfers valued above $100,000 in the past week, reaching the highest level since May 2021 according to Santiment. These transactions encompass trading, lending, liquidity provision, and decentralized finance (DeFi) participation, reflecting significant capital deployment by whales. Unlike staking wallet movements, WETH activity highlights active DeFi engagement and market liquidity dynamics.
Ethereum needs to maintain levels above $1,900 to test $2,000 resistance effectively. Near-term support rests at around $1,850, aligning with the seven-day moving average approximately at $1,860. Institutional ETF buying may stabilize price during times of lower liquidity on exchanges but does not guarantee uninterrupted upward movement.
This content is for informational purposes only and does not constitute financial advice.
