Key Insights:
- BlackRock purchased $101.5M in ETH during market weakness.
- A crypto whale added 48,825 ETH worth $127M at $2,605 average.
- ETF inflows and institutional demand signal renewed ETH momentum.
During heightened market volatility, BlackRock purchased $101.5 Million worth of Ethereum (ETH). This activity coincided with an Ethereum whale acquiring 48,825 ETH valued at approximately $127 Million.
ETH has recently rebounded from a sharp Q1 correction. Institutional interest is rising, and technical indicators are improving. Investors are watching closely to see if this accumulation drives further momentum in the second half of 2025.
Ethereum Purchases Spike as BlackRock Holdings Surge
The latest Ethereum investment by BlackRock follows a strong asset price recovery after steep losses in Q1. On-chain data confirmed that the firm purchased $101.5 Million worth of ETH on June 13. This added to a previous $163.6 million acquisition.
This marks a notable increase in institutional involvement in Ethereum markets. ETF data also shows the highest ETH inflow in four months. The last comparable surge occurred on February 5, when inflows reached $274 Million.
Ethereum spot ETFs recorded approximately 154,000 ETH in net inflows over seven days. This volume is five times higher than the recent weekly average. Recent ETF inflows were worth $112.3 Million.
BlackRock has also set a broader strategic objective of becoming the world’s largest crypto asset manager by 2030.
Whale Buys 48,825 ETH Amid Retail Panic
Institutional inflows continue to rise. Meanwhile, a crypto whale has purchased 48,825 ETH for approximately $127 Million at an average price of $2,605.
On-chain data from Lookonchain confirms that most of these tokens were sourced from Coinbase and Wintermute. A large portion of 40,540 ETH was bought in a single day. This contributed to upward pressure on ETH during retail market weakness.
Analysis of the whale’s transaction history shows previous profits of roughly $30 Million from Ethereum trading. The activities align with the recent price dip, signaling market entry rather than expected sell-offs.
On-Chain Metrics Confirm Accumulation Phase
On-chain indicators show strong buying behavior behind the current price movement. The taker buy volume on Ethereum recently hit $9.2 Billion.
It is amongst the highest since the market peak in early 2021. Taker buy volume measures the total dollar value of aggressive buy orders. It reflects the urgency of buyers looking to acquire assets quickly.
Such a volume usually accompanies significant reversals or breakout periods in the market. The last spikes by the same magnitude were in 2020 and 2023, and the longer-term positive price trends followed them.
Technical Structure Ethereum (ETH) continues to recover
A falling wedge pattern formed on the daily chart between January and April 2025. A confirmed breakout to the upside occurred in mid-April. Historically, this pattern signals a bullish reversal.
The breakout pushed ETH toward a target area of $2,700–$2,800, drawing attention from major investors like BlackRock.
Recent trading activity showed that ETH faced resistance near the $2,700 level. This resulted in a 3.8% decline to $2,542. Technical indicators are pointing to short-term momentum cooling.
The Stochastic RSI displayed decreasing momentum. Also, the MACD and the Relative Strength Index (RSI) were neutrally placed around 50.
The support is around $2,400, which is a vital consolidation area as well as a psychological area. Analysts believe the overall uptrend will resume if Ethereum sustains this level.
A move above $2,800 could begin a renewed upward trend. Strong ETF inflows would further support this momentum.
Ethereum Price Q1 plunges, Q2 Recovers
Ethereum is presenting a robust rebound in Q2 2025, following a severe drop in the previous quarter. It declined by 45.41 percent in the first three months. Then, it rebounded to rise by 53.06% in the second quarter.
Ethereum’s recovery aligns with a historical pattern of late-year gains after early-year losses. This trend has been observed in previous market cycles, reinforcing investor optimism.
In 2023 and 2024, both years ended with solid Q4 performances despite mid-year volatility. Whales and institutions are driving current buying trends, with ETF inflows on the rise.
The outlook for Q3 and Q4 remains constructive. ETH is trading near $2,540 and holding key support levels. Staying above these zones could sustain the recovery through the year’s second half.
Disclaimer
This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
Olivia Stephanie is a FinTech enthusiast with a keen understanding of financial markets. Her passion for economics and finance has led her to explore emerging blockchain technology and cryptocurrency markets.