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Ethereum Latest Updates: Major Institutions Accumulate ETH Holdings as Bulls Eye Ether Surge Beyond $6K

Ethereum Latest Updates: Major Institutions Accumulate ETH Holdings as Bulls Eye Ether Surge Beyond $6K

Bitget-RWA2025/10/25 14:32
By:Bitget-RWA

- Ethereum institutions amassed $13B+ ETH treasuries via $251M Kraken/BitGo purchases, signaling bullish long-term conviction despite short-term dips. - Technical analysis highlights $3,670-$3,870 support holding firm, with $6,000-$7,000 breakout potential aligned to 2023-2025 ascending channel patterns. - CME Group reported $9B ether options open interest and record ETH/SOL/XRP futures volume, reflecting U.S. institutional shift from offshore crypto markets. - XRP's $100M+ U.S. ETF debut with 40% hedge fu

As of late October, the ether options market continued to show strong open interest at $15 billion, with institutional investors and analysts closely monitoring significant price thresholds as part of a broader focus on Ethereum’s future value. Despite recent price swings, substantial accumulation by leading firms and technical signals point to the possibility of a breakout toward $6,000 or even $7,000, according to

.

Short-term market declines have not shaken institutional faith in

. Blockchain infrastructure company BitMine, led by seasoned analyst Tom Lee, purchased $251 million worth of ether from platforms such as Kraken and BitGo, boosting its reserves to 3.29 million ETH—now valued at over $13 billion. Lee characterized the recent downturn as a “buying window” within a larger “Ethereum supercycle,” and he remains optimistic with a price projection of $10,000 to $12,000 by the end of 2025, as highlighted in the Yahoo Finance report. Meanwhile, wallets containing between 100 and 10,000 ETH have started to accumulate again, adding 218,470 ETH in the last week after previously selling off 1.36 million ETH. Analysts point out that these accumulation trends often come before extended rallies, according to .

Ethereum Latest Updates: Major Institutions Accumulate ETH Holdings as Bulls Eye Ether Surge Beyond $6K image 0

Technical indicators also reinforce the positive outlook. Ethereum’s price has found stability above the crucial $3,670 to $3,870 support zone, which now acts as a base for a potential upward move. Should this level remain intact, the asset could challenge $5,600—a 40% increase from current prices—matching the upper edge of a long-term rising channel established since 2023, as also noted in the Coinpedia analysis. Crypto analyst Ali Martinez has raised his short-term target to $4,440, citing a bounce from the lower boundary of a descending parallel channel. Other traders, such as Merlijn, have compared Ethereum’s setup to gold’s rally in 2024, suggesting ETH could follow a similar path to five-figure prices, a view echoed in the Yahoo Finance article.

Institutional demand for regulated crypto derivatives has also grown, with CME Group reporting record open interest of $9 billion in its ether,

, and options. This uptick signals a migration from offshore venues to U.S.-regulated products, especially after recent liquidations. ETH futures open interest reached a new high of 48,600 contracts, while and XRP futures also set records. CME attributed this expansion to greater involvement from institutional investors, with more than 1,000 large participants active in recent weeks, according to .

Institutional adoption of XRP has further fueled this trend. The first U.S. spot XRP ETF has surpassed $100 million in assets, with hedge funds and family offices accounting for 40% of holdings. CME’s XRP futures have recorded $26.9 billion in notional volume since launching in May, reflecting growing trust in the asset’s utility and regulatory standing, as reported by

.

Although Ethereum is currently trading at $3,880, both technical and institutional factors suggest a bullish outlook. With critical support levels holding and significant accumulation by major players, the prospect of reaching $6,000 or higher is becoming more likely—especially if favorable macroeconomic and regulatory conditions persist.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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