Ethereum Hits $4000 as Whale Wallets Signal ATH Surge Toward $7000 in 2025

Ethereum’s price breakout above $4000 has reignited bullish momentum as whale wallets dominate $333 billion in ETH supply. Analysts predict a strong push toward new all-time highs, with milestones nearing $7000 by early 2025.

Ethereum Whale Wallets Dominate $333 Billion in ETH Supply

There are now 104 Ethereum whale wallets, each holding 100,000 ETH or more, according to the blockchain analytics website Santiment. They currently own an incredible $333.1 billion worth of ETH, or 57.35% of the total supply. On top of that, the majority of Ethereum holders are currently making money, Coingape shares.

In contrast, the proportion of ETH held by wallets with 100 to 100,000 ETH has fallen to 33.46%, the lowest it has ever been. A similar near 4-year low of 9.19% is held by smaller wallets with less than 100 ETH.

According to Santiment, the large stakeholders' ETH concentration is a long-term bullish indication that might push the price of Ethereum to $5,000.

Bullish Patterns Push Ethereum Toward $5,000

According to crypto expert Venturefounder, the latest closing price of Ether above the $3,800 support level on the weekly chart validates the uptrend. The bullish momentum signaled by Ethereum's "cup and handle" pattern is now being realized.

Prior to the retest of the ATH at $4,900, there are important price milestones at $5,349, $6,457, and $7,238. As early as the end of the first quarter of 2025, according to Venturefounder, this increasing trend might become a reality.

Ethereum may "blast off and never look back," surprising investors, the expert said, adding to the general pessimism. Venturefounder continues to hold a positive outlook on the long-term pricing of Ethereum, predicting that it would reach $15,937 by May 2025.

Ethereum Outperforms Bitcoin and Solana

On a 30-day chart, Ethereum has performed better than Bitcoin and other cryptocurrencies, according to Glassnode. During the same period, ETH has risen 26.99%, and BTC has gained 17.49%.

Ethereum has surpassed Solana as the leading alternative cryptocurrency, as is said in the report. Gains of only 1.69 percent in the last 30 days have been recorded by the SOL price.

ETH/BTC Pair Strengthens Amid Bullish Sentiment

The current price outperformance of Ethereum relative to Bitcoin has resulted in a strong ETH/BTC pair once again. Researcher from Venturefounder observes:

In addition, Matthew Sigel, head of digital assets at VanEck, pointed out that the ETH/BTC pair is poised to experience a meteoric rise, just like in 2020.

Ethereum Holds Above $4,000 With Strong Market Cap

With a market size of $482 billion, the price of ETH traded at $4,005, an increase of 1.34%.

An astounding $80 million has been seized in just 24 hours, with $54 million being accounted for in short liquidations alone.