Ethereum ETF Inflows, Whale Moves Hint at $5K Price by 2025

- Net inflows into Ethereum ETFs hit $1.17 billion in June; ETH exchange supply drops to eight-year lows. - Analysts forecast Ethereum will reach $5,000 by late 2025, driven by institutional demand, a supply crunch, and whale activity. On July 7, 2025, Cointelegraph reported that Ethereum’s path to $5,000 by 2025 looks increasingly plausible, with this bullish outlook stemming from a combination of strong institutional demand, a reduced supply on exchanges, robust whale accumulation, and favorable on-chain metrics. The report highlighted strong institutional interest in Ethereum, which is demonstrated by substantial inflows into spot Ethereum ETFs. In June, net inflows reached $1.17 billion, with U.S.-based ETFs contributing $510 million in just the past two weeks. This marks the eighth consecutive week of positive inflows, signaling sustained institutional appetite. As a result, analysts anticipate that total inflows into Ethereum ETFs could surpass $10 billion by late 2025, which would further cement institutional confidence. Adding to the bullish momentum is the shrinking supply of ETH on centralized exchanges. Cointelegraph noted that the ETH supply held on exchanges has plummeted to an eight-year low of 13.5%, creating a "supply shock" as growing demand meets lower availability. Historically, such scenarios have preceded significant price upticks, making this reduction a key catalyst for a potential rally. Whale activity also reinforces the optimistic price outlook. According to the report, whale wallets amassed over 1 million ETH in a single 24-hour period, marking the most substantial daily net inflow since 2018. In addition, whales holding more than 100,000 ETH have steadily increased their balances while avoiding selling during recent market fluctuations. This accumulation pattern shows confidence among major investors and supports an upward price trajectory. On-chain metrics provide further evidence of Ethereum’s bullish potential. The Spent Output Profit Ratio (SOPR) remains above 1.0, indicating that investors are realizing profits without abandoning the market. Meanwhile, the Market Value to Realized Value (MVRV) ratio suggests additional room for growth, as its upper bands approach the $4,000 to $5,000 range. Historically, these metrics have coincided with major price gains during market uptrends. Ethereum’s evolving technical landscape also complements these factors. Analysts point to ongoing network upgrades and the growing use of Layer-2 solutions, which enhance the network's scalability and usability, as key contributors to Ethereum's robust fundamentals. In addition, favorable technical patterns like V-shaped recoveries amplify bullish sentiment and reinforce the cryptocurrency’s value proposition in a competitive market. As of 17:09 UTC on July 7, 2025, Ethereum was trading at $2,524.93, according to CoinMarketCap, down 0.863% over the 24-hour period.