ETH Whale Moves, Bullish Setup Show $3K Ethereum Price Prediction

Key Insights:

• Ethereum price prediction: Over 45K ETH, worth more than $113 million, was moved in two large whale transactions.
• Ethereum price is forming a bullish ascending triangle near the $2,500–$2,700 resistance zone.
• A breakout above $2,700 could push ETH toward the $3,000 mark based on chart projections.

In less than 24 hours, over 45,000 ETH were moved in two separate transactions, which made investors speculate what will happen to Ethereum prices next. At the same time, the technical setup in the market shows a possibility for ETH price to go up.

ETH Whale Transactions Worth $113M Spark Positive Ethereum Price Prediction

According to reports from Whale Alert, two big ETH whale transactions happened on the same day. At first, someone transferred 23,075 ETH, equivalent to $57.57 million, from a hidden wallet to Binance. Such moves may suggest that ETH whales are withdrawing money from their investments.

Notably, the second transaction included 22,500 ETH worth roughly $56.07 million that was moved from Ceffu to an unknown recipient. Ceffu mostly offers digital custodial and security services to large financial institutions.

Movement of such volume out of a custodial platform to an untracked destination raises attention within the trading ecosystem. This is due to the unpredictability of the asset’s next location or use.

In total, these recorded transactions involve more than $113 million worth of Ethereum. Analysts and investors watch what ETH whales do to observe changes in liquidity or direction. Pairing this kind of movement with technical data helps predict the near-term Ethereum price.

Ethereum Price Prediction: ETH Forming a Bullish Ascending Triangle

Meanwhile, Ethereum price chart shared by Crypto Gems showed that the top crypto is consolidating within an ascending triangle pattern. This technical setup forms when a horizontal resistance level is met with higher lows, indicating buyer pressure. The current triangle is forming between support at roughly $2,500 and resistance near $2,700.

More so, volume during the consolidation period appears stable, with no steep declines that would suggest weakening momentum. During an upward trend, ascending triangles are commonly understood as continuation patterns.

Ethereum price regained momentum by surging above levels below $2,200. The price is close to achieving the resistance at $2,540 due to its steady movement along with concentrated trading volume.

$2,700 Breakout Could Push ETH Price To $3,000

According to Crypto Gems, breaking above $2,700 could lead the price to hit $3,000. Ethereum price has repeatedly tested the resistance level while consolidating. A strong rise might occur if trading volume picks up after the level is broken.

Looking at Fibonacci retracement points in the market showed that $2,870 represented the 50% level when compared with the market’s highest price. Provided the breakout holds, the next levels will be $3,000 and $3,865, where they align with the 0.75 Fibonacci level.

This aligned with previous market trends, where ETH price has shown rapid moves once technical patterns break in either direction.

ETH Price Eyes $4K Amid Rising ETF Inflows

Additionally, according to analyst Ted Pillows, Ethereum price is stabilizing for now, following a period of rapid growth in May. The market is reflecting short-term gains due to strong investment in ETFs and active transactions on the blockchain.

As per the analyst’s Ethereum price prediction that ETH price would reach $3,000 within a month in June. The Q3 2025 period could lead to a rise in ETH as it approaches $4000. His confidence is based on improved fundamentals and renewed investor sentiment, especially in light of institutional interest.

Technically, the long-term chart supports Ted’s bullish stance. Ethereum price appears to be respecting a large ascending channel after breaking out from a prolonged symmetrical triangle.

At the time of writing, Ethereum price traded at $2,544, up 1.44% on the day. After dipping near $2,475, bulls regained control, pushing the price above $2,500 with rising volume and renewed short-term momentum.

The post ETH Whale Moves, Bullish Setup Show $3K Ethereum Price Prediction appeared first on The Coin Republic.