Ethereum Price Forecast: Major Investor Acquires $422M in ETH — Significant Developments Ahead?

The Ethereum price has increased to $2,491 this morning, as the altcoin continues to recover from the impact of US airstrikes on targets in Iran over the weekend.

Nevertheless, ETH is still down by 4% over the past week and 13% over the last two weeks, as the ongoing conflict in the Middle East and the persistent uncertainty regarding tariffs continue to exert pressure on altcoin values.

However, the recent activity of a whale—who has acquired $422 million in ETH over the last three weeks—indicates that the coin’s prospects may be on the verge of improvement.

Thus, it could be well-positioned for a sustained recovery in the near future, and considering its strong fundamentals, the long-term outlook for Ethereum’s price remains optimistic.

Ethereum Price Prediction: Whale Just Snapped Up $422M ETH — Big News Coming?

Investor Ted Pillows shared on X that a specific whale or institution purchased $8.91 million in Ethereum through Galaxy Digital yesterday, bringing the total to $422 million accumulated in under a month.

This whale/institution bought another $8,910,000 $ETH.
They bought $422,000,000 $ETH in the past 3 weeks. pic.twitter.com/0gVlAcYpGW

— Ted (@TedPillows) June 24, 2025

Despite the recent weakness in Ethereum’s price, this development is highly encouraging for ETH, suggesting that informed investors anticipate strong performance in the medium to long term.

Indeed, as previously noted, institutions have been significantly acquiring Ethereum, with this week’s CoinShares Digital Asset Funds Flow report indicating that digital funds added $123 million in ETH to their holdings in the week ending June 23.

It is plausible that institutions are currently investing in Ethereum due to its oversold and undervalued status, as it remains 50% below its all-time high of $4,800 (reached in November 2021).

Moreover, since Ethereum is the largest layer-one network in the ecosystem (with a total value locked of $61.7 billion), it seems reasonable to assert that it will experience a strong rebound soon.

Examining its chart today, we observe that ETH is starting to recover from a weak position, with its RSI (purple) nearing 50 today.

Source: TradingView

Additionally, its moving average convergence divergence (blue, orange) has also reached a low point in recent days, indicating that we may be at the onset of a growth phase.

This is certainly what the whales accumulating Ethereum currently believe, although whether they are anticipating significant news remains uncertain.

It may simply be that Ethereum will continue to grow and develop as a layer-one blockchain, with recent and forthcoming upgrades enhancing its efficiency as a platform.

Based on this, we can anticipate that the Ethereum price could reach $3,000 by the end of July, and $3,500 by September.

Deflationary Meme Coin Bitcoin Bull Raises $7.3 Million in Presale: Next 100x Token?

For traders looking to explore options beyond major tokens like Ethereum, there are several newer coins in the market that have recently shown considerable potential.

One of the most intriguing among these is Bitcoin Bull (BTCBULL), a deflationary meme token that has raised over $7.3 million in its presale, which is nearing its conclusion.

10 Days left. Clock’s ticking. pic.twitter.com/pS1VGwCWJP

— BTCBULL_TOKEN (@BTCBULL_TOKEN) June 20, 2025

With only 5 days remaining in its presale, investors are eager to acquire BTCBULL early, ahead of its listing on exchanges and potential price surge.

What makes Bitcoin Bull exciting is that its deflationary tokenomics are tied to the price fluctuations of Bitcoin (BTC).

Specifically, with a hard cap of 21 billion BTCBULL, it will implement token burns whenever BTC increases by $25,000 for the first time, starting from $125,000.

It will also execute airdrops of Bitcoin itself when BTC rises by another $50,000, beginning from $150,000.

This could render BTCBULL a highly profitable coin to hold, with the Ethereum-based token also available for staking.

While its sale is nearing completion, investors can participate now by visiting the Bitcoin Bull website and connecting a compatible wallet.

It’s currently priced at its final presale rate of $0.00258, although its growth trajectory suggests it could exceed this level once it is listed on exchanges.

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