Cryptocurrency Analytics Firm Cryptoquant has released a compelling report on Ethereum’s current market outlook (ETH). The company notes that Ethereum is experiencing one of the strongest periods in history in terms of institutional demand, participation and activity in chains.
According to the report, Ethereum Fund Holdings has doubled since April 2025, reaching ETH of 6.5 million. Furthermore, total holdings of whales with a balance of 10,000-100,000 ETH exceed ETH of 20 million. This shows strong institutional interest, but also suggests limited potential for important “smart money” positioning and short-term rise.
Ethereum Staking also recorded a new record. The total amount of ETH piles rose to 36.15 million. Cryptoquant points out that this reflects a decline in long-term trust and circulating supply. However, the number of piling assets underscores the possibility that new inflows will slow down if price momentum weakens.
The network expansion continues. The total number of Ethereum transactions and active addresses reached an all-time high. Growth in Defi, Stablecoin transfers and token activity is driving ETH use, while smart contract calls over 12 million per day strengthen the importance of Ethereum as a programmable consensus layer.
Meanwhile, a rapid decrease in flow into exchanges has been observed. The amount of ETH sent to the exchange has dropped significantly since the price of ETH reached $5,000, according to the analyst company. This suggests that sales pressures are eased and investors are anticipating upward price action.
In terms of price, there is an important level on the agenda. ETH’s recent rally peaked at $5,200 with realized priced upper bands. Cryptoquant emphasizes that this level has historically been a strong territory of resistance. Analysts currently trading around $4,400 have warned that if this resistance level is clearly not broken, it is likely to be merged or fixed.
*This is not investment advice.
