Ethereum Rallies to $3,800+ as Big Buyers and Fresh Inflows Fuel Momentum

Ethereum Tops $3,800 as Whale Accumulation and ETF Inflows Fuel Bullish Breakout

Ethereum (ETH) climbed above $3,800 over the weekend, driven by a wave of institutional inflows and significant whale activity — reinforcing bullish momentum in the second-largest cryptocurrency by market cap.

The move comes amid renewed investor confidence following $2.18 billion in weekly inflows into U.S.-listed spot Ethereum ETFs — their highest on record, according to CoinDesk data. This surge in capital reflects growing conviction among institutions, particularly in the wake of recent pro-crypto legislative developments.

On-chain data tracked by EmberCN identified a major whale purchase totaling $50 million in ETH on Saturday. The accumulation occurred at an average entry price near $3,714, marking a significant bet on Ethereum’s near-term upside. Analysts view such moves as early signals of continued upward pressure, particularly when paired with strong ETF demand.

Fundstrat’s Tom Lee reaffirmed his medium-term price target of $15,000 for ETH, citing the network’s dominance in tokenization, decentralized finance, and real-world asset infrastructure. Lee pointed to Ethereum’s integration into platforms from JPMorgan to Robinhood as evidence of its growing institutional relevance.

Price action over the past 24 hours showed ETH trading within a wide range — from a low of $3,534.57 to a high of $3,789.92, representing a 7.2% swing. Key support has formed near $3,600, while resistance remains around $3,790. A decisive move above $3,800 could open the door to testing the $4,000 level.

With whale accumulation, ETF momentum, and macro alignment in Ethereum’s favor, the recent breakout may mark the beginning of a broader rally — one that could carry ETH well beyond current levels if bullish catalysts persist.