Ethereum ($ETH) rebounds on whale and institutional buying, with ETF holdings soaring 40%.

As Ethereum (ETH) price recovers from a recent weekend decline, a large number of 'whale' investors have been spotted making significant purchases. Arkham Intelligence, an on-chain data analysis company, reported that "someone is sweeping up large amounts of Ethereum" and revealed that one address purchased ETH worth $300 million (approximately 41.7 billion won) through an over-the-counter (OTC) trade from Galaxy Digital. The address currently holds a total of 79,461 ETH, which amounts to approximately $282.5 million (about 39.27 billion won). Arkham analyzed that this address has been rapidly expanding its assets and is considered one of the key factors for potential Ethereum price increases. Institutional investors' movements are also drawing attention. Global asset management firm BlackRock has been aggressively expanding its position on ETH, recording 10 consecutive trading days of $1.7 billion (approximately 2.363 trillion won) inflows through the iShares Ethereum Trust ETF. This is interpreted as a signal that BlackRock is fully embracing Ethereum after Bitcoin (BTC). Overall market ETH holdings through ETFs are showing a vertical rise. According to on-chain data platform Dune Analytics, Ethereum-related ETF on-chain holdings increased by over 40% in the past 30 days. This demonstrates a restoration of trust among both institutional and individual investors. With massive funds concentrating on purchases, ETH appears likely to form a strong support line in the short term. Experts are also noting the potential risk mitigation driven by expectations of regulatory environment, especially with Trump's cryptocurrency-friendly statements continuing.