Ethereum Surges Past $4,300 with 45% Monthly Gain and Whale Accumulation

Ethereum (ETH) has surged past $4,300, achieving a 45% gain over the last month. The cryptocurrency is now aiming for the $5,000 mark due to increased whale accumulation, institutional investments, and improved regulatory clarity in the U.S.

Over $4.17 billion has entered Ethereum-focused investment products in four weeks.
A mysterious institution purchased 221,166 ETH worth nearly $1 billion in one week.
Whale addresses holding more than 10,000 ETH are at a yearly high.
Public companies added 304,000 ETH ($1.3B) to their treasuries last week, with BitMine Immersion Technologies accounting for $900 million of these purchases.
Ethereum spot ETFs saw inflows of $327 million in the first week of August.

Recent U.S. regulatory advancements have reduced uncertainties in the crypto market, enhancing Ethereum's standing in traditional finance:

The White House introduced a new digital asset framework.
The Ripple-SEC case resolution positively impacted the sector.
New regulations allow crypto in retirement accounts.

On-chain data shows strong momentum with daily transactions averaging 1.74 million and over 36 million ETH (about 30% of total supply) locked in staking contracts. The ETH/BTC ratio is near yearly highs, indicating a shift toward Ethereum.

If ETH surpasses the $4,430 resistance, it could reach its previous all-time high of $4,860, with bullish projections suggesting targets of $5,000 and $6,500 by 2025.