Key Insights
- Ethereum price jumped more than 6%, indicating strong confidence of traders.
- Ethereum whales have accumulated 800K ETH.
- Analyst predicts Ethereum price rally to $3,700 and beyond if it clears a key resistance ahead.
Ethereum price today has recorded a massive jump of over 6% as the broader crypto market sentiment turned positive ahead of the US FOMC interest rate cut decision.
Notably, the robust surge in ETH price has outpaced BTC and other altcoins, sparking further optimism among traders.
It seems that the surge in the second-largest crypto by market cap came in amid aggressive buying pressure from the large investors or whales. In addition, the corporations have also continued to put their bets into the asset.
Simultaneously, a sustained institutional interest in the asset might have further bolstered the market confidence.
For context, the US Spot Ethereum ETF has continued to witness robust inflows this week, indicating renewed confidence among institutions.
Amid this, the market participants are evaluating if the Ethereum price rally can sustain through the final month of the year.
Although ETH price has historically offered mixed returns, the recent market trends hint at a bullish road ahead for the asset in December.
Top Reasons Why Ethereum Price is Soaring
ETH price today has soared past the $3,300 mark with a surge of over 6% in the last 24 hours, with its trading volume rocketing 57% to $34 billion.
Meanwhile, CoinGlass data showed that Ethereum price has offered an average return of 7% in December since 2016.
This year, the crypto has already added nearly 11% through December 10, suggesting a robust interest in traders.
Notably, the surge could be attributed to the buying pressure from the large investors or Ethereum whales.
In a recent X post, analyst Ali Martinez has highlighted the trend, citing Santiment data. According to the expert, the ETH whales have bagged more than 800,000 coins in a month, indicating their long-term confidence in the asset.
On the other hand, the US Spot Ethereum ETF has also continued to attract renewed interest from institutions.
According to Farside data, the US Spot ETH ETF has marked its two-day inflow streak. Total inflow of was $213 million in the past two sessions.
Also, the Fed rate cut is expected to boost the broader market sentiment. That could help in continuing the rally for the asset.
What’s Next for ETH Price?
The soaring confidence of the Ethereum investors is also evidenced by the latest bold move of an ETH whale.
Analyst Ted noted that a whale has opened a $38.3 million long position on ETH with 7x leverage. This signals a strong confidence in the whale in the future potential of Ethereum price.
The whale’s position is sizable, and the liquidation price is set at $2,907, meaning if ETH falls to this level, the position will be automatically sold to cover the loan.
Amid this, analyst Ted noted that if Ethereum price can reclaim the $3,400 level, it could continue its rally to $3,700.
However, a rejection from this level could trigger another dump to $3,100, he noted.
Source: https://www.thecoinrepublic.com/2025/12/11/top-reasons-why-ethereum-price-may-hit-4000-by-2025-end/
