Ethereum

Convergence

Chair

Tom Lee

The Ethereum price has surged 7% in the last 24 hours, trading at $4,160 as of 4:00 a.m. EST on a 173% increase in daily trading volume to $40.8 billion.
ETH’s momentum accelerated after SharpLink, a Nasdaq-listed company, made a fresh $78–81 million acquisition of around 19,000 ETH, resuming its buying spree after a short pause. This latest move adds to SharpLink’s massive treasury of more than 270,000 ETH.
<blockquote class="twitter-tweet">
 🚨 BREAKING:
 🇺🇸 SharpLink bought 19,271 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> worth $78.3 MILLION 💥
 Institutions keep quietly stacking while everyone’s distracted…
 Big money is loading up on Ethereum!<a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> / <a href="https://twitter.com/search?q=%24SBET&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SBET</a> / <a href="https://twitter.com/search?q=%24BMNR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BMNR</a> <a href="https://t.co/MqfTGebz82" rel="noopener noreferrer nofollow">pic.twitter.com/MqfTGebz82</a>
 — BMNR Bullz (@BMNRBullz) <a href="https://twitter.com/BMNRBullz/status/1982531508595273798?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 26, 2025</a>
</blockquote>

The company has steadily built its position since June, now boasting an unrealized profit of over $81 million.​ The SharpLink treasury strategy has sparked interest among other firms as well, who are beginning to follow suit and accumulate large stacks of Ethereum for their balance sheets.
This growing institutional demand echoes the Bitcoin treasury trend seen in prior years and is providing a strong boost for the Ethereum price.​
<h2 id="ethereum-price-supported-by-whale-accumulation">Ethereum Price Supported By Whale Accumulation</h2>
Ethereum whales are quietly piling back into the market after a mid-October sell-off. Analytics from Santiment and other sources show that wallets holding between 100 and 10,000 ETH have scooped up about 218,000 ETH in less than two weeks, equal to roughly one-sixth of what they sold previously.
This swing back to accumulation is usually seen when big players expect further price strength.​ The renewed buying by whales and sharks (large holders) has coincided with the ETH price moving quickly from the low $3,900 zone to above $4,150. On-chain experts see this as a strong sign that big holders believe in ongoing momentum and are positioning themselves for a possible year-end rally.
<h2 id="ethereum-price-holds-key-levels-prepares-for-new-highs">Ethereum Price Holds Key Levels, Prepares For New Highs</h2>
Looking at the Ethereum price chart, ETH has been making higher lows and higher highs since late summer. The weekly chart now shows <a href="https://coinmarketcap.com/currencies/ethereum/" rel="noopener noreferrer">ETH above</a> important moving averages.
The 50-week SMA (Simple Moving Average) at is $3,151 and the 200-week SMA is at $2,449, which is a clear sign that bulls have control of the trend.
The latest price move lifted ETH to a high near $4,957 before a slight pullback, but it remains well above key support at $3,850–$3,950. The $4,950 area is now acting as immediate resistance.
Technical indicators support a positive outlook. The RSI (Relative Strength Index) is at 57.21, showing steady buyer strength.
Meanwhile, the MACD (Moving Average Convergence Divergence) has turned bullish, with the main line above the signal, further signalling that buyers are still in charge.
<img src="https://insidebitcoins.com/wp-content/uploads/2025/10/IMG-20251027-WA0014.jpg" alt="" width="1078" height="611">
ETHUSD Analysis Source: Tradingview
The ADX (Average Directional Index) stands at 24.83, indicating that the trend is gaining strength but is not overheated.
If the Ethereum price breaks past the $4,950 resistance zone, ETH could quickly test the $5,924 area, matching Fibonacci extension targets drawn from this year’s swing lows and highs.
A further move above $6,000 is possible if whales and institutions continue to add to their positions and fresh ETF inflows arrive.
Below current levels, initial support is at $3,950, where the market has bounced on recent pullbacks. If ETH dips below this level, buyers are likely to defend the longer-term support near the 50-week SMA at $3,151, which has protected the downside throughout this rally.
With institutional activity rising and on-chain accumulation back in force, analysts see strong chances for ETH to sustain its gains and even push to new highs before the end of the year. Some are predicting price targets of $7,000–$8,000 by December if the current trend holds, pointing to parallels with Bitcoin’s past rallies after its halving event.
However, as with all major price rallies, there remains a risk of short-term volatility if whales decide to take profits or if the wider crypto market weakens unexpectedly.
Still, with the ETH price above all major technical levels and whale wallets back in accumulation mode, the uptrend looks set to continue, making Ethereum one of the most closely watched cryptos for the next few weeks
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Ethereum Price Prediction: ETH Soars 7% On $81 Million SharpLink Buy, Whale Accumulation

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