The post ETH Price Today: What’s Behind 6% ETH Rally? appeared on BitcoinEthereumNews.com.

Key Notes Ethereum ETFs saw strong investor interest, with BlackRock’s ETHA leading with $171 million in a single day. Ethereum price rally also comes with a rising corporate race for ETH treasury as Nasdaq-listed SharpLink buys 91,330 ETH in 7 days. Market analysts believe that ETH price could increase to $4,000 after the recent successful breakout. Defying the broader crypto market consolidations, Ethereum ETH $3 141 24h volatility: 5.1% Market cap: $379.35 B Vol. 24h: $44.35 B price has gained more than 6% in the last 24-hours, shooting to $3,150 levels for the first time since January 2025. This latest upside comes along with strong ETH whale buying, institutional purchases, and solid Ether ETF inflows since the beginning of July. Ethereum Price Rallies Amid Strong Whale Activity Ethereum price has finally gotten the upper thrust past the key resistance of $3,000 today, nearly 6 months later. This sets the stage for the next ETH price target to $4,000 and further to new all-time highs. As of press time, ETH is trading 5.9% up at $3,154, with its daily trading volume shooting past $35 billion, and the ETH futures open interest surging more than 6.2% to $46.9 billion, as per the CoinGlass data. Amid this sharp Ethereum price upside, the 24-hour liquidations have surged past $111 million, with more than $81 million in short liquidations. Today’s upside comes with massive ETH whale activity reported today, as well as over the past few days. Blockchain analytics firm Lookonchain reports three major whale accumulations since the beginning of July. Earlier on July 16, whale wallet 0x9684 acquired 27,806 ETH worth $85.57 million from prime brokerage FalconX, bringing its total purchases to 68,141 ETH ($213.8 million) over the last four days. Another wallet 0x35fb bought 8,262 ETH ($25.17 million) from Kraken, and has amassed…

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Filed under: News - @ July 16, 2025 10:21 am