Ethereum Price Today: Whales Accumulate, 300K ETH Leaves Exchanges
Highlights
- Ethereum price is up today despite recent Bitcoin crash.
- ETH hitting $5,000 seems highly likely if Bitcoin touches $150,000.
- A breakdown of $3,352 support level could catalyze a double-digit correction to $3,000.
The recent Bitcoin crash was followed by a massive upswing to new ATH. This development helped Ethereum (ETH) to climb higher as well. Ethereum price today trades at $3,795.9 as of 11 PM. ETH hit a daily high of $3,946.6 after -1.34% move on September 10. If this bullish outlook sustains, Ether could not only hit $4,000, but reach for the $5,000 psychological level.
Ethereum Price Today: Whales Buy ETH Dip Ahead of $5,000 Target
It’s a known fact that Ethereum price performance in the past few days has shown a higher relative strength in comparision to the performance noted for the major part of 2024. Despite ETH’s sell signals, the altcoin managed to climb higher on the back of Bitcoin’s momentum. From a short-term outlook, ETH price looks to extend its gains if BTC enters another rangebound movement above $100K.
Ethereum Price Chart Today
*Ethereum price updated as of 11 PM.
Ethereum’s innovative smart contract technology has made it a standout altcoin since its inception in 2015. Continuous major network upgrades ensure Ethereum stays ahead in smart contract innovation. The latest upgrade, Cancun, launched on March 13, 2024.
Ethereum Price Outlook
ETH’s year-to-date (YTD) performance continues to increase and currently sits at 33%. This recent slump in Bitcoin price has affected the YTD gains, which have dropped from 50% since November 11. As of September 10, 2024, if you invested $10,000 in ETH on January 1, 2024, your portfolio, after 317 days, would be up roughly $3,317. Ethereum’s market capitalization stands at $459.0 billion.
Ethereum: The Second-Largest Crypto By Market Cap
Ethereum ranks second in market capitalization, valued at $459.0 billion, after Bitcoin’s $1.73 trillion. Together, BTC & ETH’s market capitalization constitutes 83% of the total crypto market cap.
- Solana (SOL): $98.8 billion
- Ripple (XRP): $89.8 billion
- BNB (BNB): $91.0 billion
Despite this recent downtick and recovery, the 24-hour trading volume of Ethereum is $65.5 billion.
Ethereum’s Crypto Trading Volume Soars
The 24-hour trading volume of Ethereum is $65.5 billion. Binance is the largest contributor to this trading volume – about 11% is contributed by spot trading and nearly 40% from futures trading. Exchanges like OKX, Bitget, and ByBit follow Binance.
Ethereum Switches to Proof-of-Stake Technology
The London hard fork is a significant Ethereum blockchain upgrade. It changed the network from Proof-of-Work (PoW) to Proof-of-Stake (PoS). Ethereum co-founder Vitalik Buterin recently shared his thoughts on X (formerly Twitter). He explained how Proof-of-Stake (PoS) is more decentralized than Proof-of-Work (PoW).
Notable Ethereum Upgrades in the Past Five Years
Here are some key upgrades in the past five years that shaped Ethereum as the second-largest crypto by market capitalization.
2024:
- Cancun-Deneb (“Dencun”): This upgrade aimed to improve Ethereum’s scalability, security, and usability, setting the stage for further enhancements.
- Shanghai-Capella (“Shapella”): Enabled the withdrawal of staked Ether (ETH), marking a significant milestone in Ethereum’s transition to a Proof-of-Stake (PoS) consensus algorithm.
- Paris (The Merge): Successfully transitioned Ethereum from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus algorithm, reducing energy consumption and increasing security.
- Bellatrix: Prepared the Ethereum network for The Merge by introducing the necessary PoS consensus logic.
- Gray Glacier: Delayed the “difficulty bomb” that would have slowed down the network, ensuring a smooth transition to PoS.
- Arrow Glacier: Delayed the “difficulty bomb” again, providing more time for the transition to PoS.
- Altair: Introduced several improvements to the Beacon Chain, including better validator incentives and enhanced security.
- London: Implemented the highly anticipated EIP-1559, which reformed the transaction fee market, making it more efficient and user-friendly.
- Berlin: Introduced several protocol upgrades, including improved gas efficiency and enhanced security features.
- Beacon Chain genesis: Launched the Beacon Chain, marking the beginning of Ethereum’s transition to PoS.
- Staking deposit contract deployed: Enabled users to deposit ETH and participate in the PoS consensus algorithm.
-
Muir Glacier: Delayed the “difficulty bomb” to ensure a smooth transition to PoS.
ETH Gas & It’s Effect on Ethereum Price
The blockchain upgrades Ethereum receives aim to solve the trilemma of blockchain, i.e., balancing decentralization, security, and scalability. The switch to Proof-of-Stake (PoS) enhanced these aspects. Ethereum’s transaction fees (gas fees) plummeted post-upgrade, drawing more investors. Gas fees are like taxes, measured in Gwei, required for secure transactions.
As of September 10, the gas fee for a transaction on the ETH network as of 11 PM is 14 Gwei.
When Ethereum’s on-chain value grows, presenting opportunities, investors flock, driving gas fees up. This typically occurs during market upswings, peaking at all-time highs.
Ethereum Price Forecast For The Next 7 Days
| Date | Price | Change |
|---|---|---|
| September 10, 2025 | 4321.86 | -0.39% |
| September 11, 2025 | 4369.46 | 0.71% |
| September 12, 2025 | 4456.33 | 2.71% |
| September 13, 2025 | 4635.05 | 6.83% |
| September 14, 2025 | 4759.61 | 9.7% |
| September 15, 2025 | 4847.90 | 11.73% |
| September 16, 2025 | 4738.08 | 9.2% |
| September 17, 2025 | 4639.61 | 6.93% |
| September 18, 2025 | 4677.62 | 7.81% |
| September 19, 2025 | 4789.94 | 10.4% |
| September 20, 2025 | 4977.27 | 14.71% |
| September 21, 2025 | 5074.65 | 16.96% |
| September 22, 2025 | 5146.17 | 18.61% |
| September 23, 2025 | 5190.01 | 19.62% |
| September 24, 2025 | 5194.20 | 19.71% |
| September 25, 2025 | 5137.98 | 18.42% |
| September 26, 2025 | 5088.54 | 17.28% |
| September 27, 2025 | 5042.07 | 16.21% |
| September 28, 2025 | 4885.11 | 12.59% |
| September 29, 2025 | 4721.71 | 8.82% |
| September 30, 2025 | 4544.14 | 4.73% |
| October 01, 2025 | 4498.74 | 3.69% |
| October 02, 2025 | 4543.51 | 4.72% |
| October 03, 2025 | 4523.75 | 4.26% |
| October 04, 2025 | 4505.62 | 3.84% |
| October 05, 2025 | 4526.23 | 4.32% |
| October 06, 2025 | 4567.64 | 5.27% |
| October 07, 2025 | 4630.42 | 6.72% |
| October 08, 2025 | 4722.80 | 8.85% |
| October 09, 2025 | 4815.88 | 10.99% |
Based on CoinGagpe’s Ethereum price predictions, investors can expect ETH to trade at around $3,373 in the next week. This is a considerate prediction and is in line with the lackluster performance seen since the start of 2024.
Ethereum Price Forecast Between 2025 & 2029
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $3,282.85 | $5,184.26 | $4,233.56 | 7.8% |
| February | $3,192.26 | $5,174.33 | $4,183.30 | 6.5% |
| March | $3,101.68 | $5,164.39 | $4,133.04 | 5.2% |
| April | $3,011.09 | $5,154.46 | $4,082.78 | 3.9% |
| May | $2,920.51 | $5,144.52 | $4,032.52 | 2.6% |
| June | $2,829.93 | $5,134.59 | $3,982.26 | 1.4% |
| July | $2,739.34 | $5,124.65 | $3,932 | 0.076% |
| August | $2,648.76 | $5,114.71 | $3,881.74 | -1.2% |
| September | $2,558.17 | $5,104.78 | $3,831.48 | -2.5% |
| October | $2,467.59 | $5,094.84 | $3,781.22 | -3.8% |
| November | $2,377 | $5,084.91 | $3,730.96 | -5% |
| December | $2,286.42 | $5,074.97 | $3,680.70 | -6.3% |
| All Time | $2,784.63 | $5,129.62 | $3,957.13 | 0.72% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $2,844.55 | $5,422.39 | $4,283.39 | 9% |
| February | $3,402.68 | $5,769.81 | $4,886.08 | 24.4% |
| March | $3,960.82 | $6,117.23 | $5,488.78 | 39.7% |
| April | $4,518.95 | $6,464.65 | $6,091.47 | 55% |
| May | $5,077.08 | $6,812.07 | $6,694.16 | 70.4% |
| June | $5,635.21 | $7,159.49 | $7,296.85 | 85.7% |
| July | $6,193.34 | $7,506.90 | $7,899.54 | 101.1% |
| August | $6,751.47 | $7,854.32 | $8,502.23 | 116.4% |
| September | $7,309.61 | $8,201.74 | $9,104.93 | 131.7% |
| October | $7,867.74 | $8,549.16 | $9,707.62 | 147.1% |
| November | $8,425.87 | $8,896.58 | $10,310.31 | 162.4% |
| December | $8,984 | $9,244 | $10,913 | 177.8% |
| All Time | $5,914.28 | $7,333.19 | $7,598.20 | 93.4% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $9,327.08 | $9,603.92 | $11,310.67 | 187.9% |
| February | $9,670.17 | $9,963.83 | $11,708.33 | 198% |
| March | $10,013.25 | $10,323.75 | $12,106 | 208.1% |
| April | $10,356.33 | $10,683.67 | $12,503.67 | 218.2% |
| May | $10,699.42 | $11,043.58 | $12,901.33 | 228.4% |
| June | $11,042.50 | $11,403.50 | $13,299 | 238.5% |
| July | $11,385.58 | $11,763.42 | $13,696.67 | 248.6% |
| August | $11,728.67 | $12,123.33 | $14,094.33 | 258.7% |
| September | $12,071.75 | $12,483.25 | $14,492 | 268.8% |
| October | $12,414.83 | $12,843.17 | $14,889.67 | 279% |
| November | $12,757.92 | $13,203.08 | $15,287.33 | 289.1% |
| December | $13,101 | $13,563 | $15,685 | 299.2% |
| All Time | $11,214.04 | $11,583.46 | $13,497.83 | 243.5% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $13,622.33 | $14,091 | $16,262.92 | 313.9% |
| February | $14,143.67 | $14,619 | $16,840.83 | 328.6% |
| March | $14,665 | $15,147 | $17,418.75 | 343.3% |
| April | $15,186.33 | $15,675 | $17,996.67 | 358% |
| May | $15,707.67 | $16,203 | $18,574.58 | 372.8% |
| June | $16,229 | $16,731 | $19,152.50 | 387.5% |
| July | $16,750.33 | $17,259 | $19,730.42 | 402.2% |
| August | $17,271.67 | $17,787 | $20,308.33 | 416.9% |
| September | $17,793 | $18,315 | $20,886.25 | 431.6% |
| October | $18,314.33 | $18,843 | $21,464.17 | 446.3% |
| November | $18,835.67 | $19,371 | $22,042.08 | 461% |
| December | $19,357 | $19,899 | $22,620 | 475.7% |
| All Time | $16,489.67 | $16,995 | $19,441.46 | 394.8% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $20,017.83 | $20,581 | $23,495.58 | 498% |
| February | $20,678.67 | $21,263 | $24,371.17 | 520.3% |
| March | $21,339.50 | $21,945 | $25,246.75 | 542.6% |
| April | $22,000.33 | $22,627 | $26,122.33 | 564.9% |
| May | $22,661.17 | $23,309 | $26,997.92 | 587.1% |
| June | $23,322 | $23,991 | $27,873.50 | 609.4% |
| July | $23,982.83 | $24,673 | $28,749.08 | 631.7% |
| August | $24,643.67 | $25,355 | $29,624.67 | 654% |
| September | $25,304.50 | $26,037 | $30,500.25 | 676.3% |
| October | $25,965.33 | $26,719 | $31,375.83 | 698.6% |
| November | $26,626.17 | $27,401 | $32,251.42 | 720.9% |
| December | $27,287 | $28,083 | $33,127 | 743.1% |
| All Time | $23,652.42 | $24,332 | $28,311.29 | 620.6% |
In the next year, Ethereum price could still be hovering in the current range. Based on the prediction data, ETH’s trade range extends from $3,001.19 to $4,651.84. This outlook is based on the previous data. However, if ETH breaks the trend, it could go much higher.
The long-term outlook extending from 2025 to 2029, Ethereum price could hit a high of $18,603 with the lowest point being $3,000.
Ethereum Price Forecast Between 2030 & 2050
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $28,254.50 | $29,077.75 | $34,329.08 | 773.7% |
| February | $29,222 | $30,072.50 | $35,531.17 | 804.3% |
| March | $30,189.50 | $31,067.25 | $36,733.25 | 834.9% |
| April | $31,157 | $32,062 | $37,935.33 | 865.5% |
| May | $32,124.50 | $33,056.75 | $39,137.42 | 896.1% |
| June | $33,092 | $34,051.50 | $40,339.50 | 926.7% |
| July | $34,059.50 | $35,046.25 | $41,541.58 | 957.3% |
| August | $35,027 | $36,041 | $42,743.67 | 987.9% |
| September | $35,994.50 | $37,035.75 | $43,945.75 | 1018.5% |
| October | $36,962 | $38,030.50 | $45,147.83 | 1049.1% |
| November | $37,929.50 | $39,025.25 | $46,349.92 | 1079.7% |
| December | $38,897 | $40,020 | $47,552 | 1110.3% |
| All Time | $33,575.75 | $34,548.88 | $40,940.54 | 942% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $40,462.67 | $41,625.50 | $49,284.67 | 1154.4% |
| February | $42,028.33 | $43,231 | $51,017.33 | 1198.5% |
| March | $43,594 | $44,836.50 | $52,750 | 1242.6% |
| April | $45,159.67 | $46,442 | $54,482.67 | 1286.7% |
| May | $46,725.33 | $48,047.50 | $56,215.33 | 1330.8% |
| June | $48,291 | $49,653 | $57,948 | 1374.9% |
| July | $49,856.67 | $51,258.50 | $59,680.67 | 1419% |
| August | $51,422.33 | $52,864 | $61,413.33 | 1463.1% |
| September | $52,988 | $54,469.50 | $63,146 | 1507.2% |
| October | $54,553.67 | $56,075 | $64,878.67 | 1551.3% |
| November | $56,119.33 | $57,680.50 | $66,611.33 | 1595.4% |
| December | $57,685 | $59,286 | $68,344 | 1639.5% |
| All Time | $49,073.83 | $50,455.75 | $58,814.33 | 1396.9% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $59,950.33 | $61,664.92 | $71,056.58 | 1708.5% |
| February | $62,215.67 | $64,043.83 | $73,769.17 | 1777.6% |
| March | $64,481 | $66,422.75 | $76,481.75 | 1846.6% |
| April | $66,746.33 | $68,801.67 | $79,194.33 | 1915.6% |
| May | $69,011.67 | $71,180.58 | $81,906.92 | 1984.7% |
| June | $71,277 | $73,559.50 | $84,619.50 | 2053.7% |
| July | $73,542.33 | $75,938.42 | $87,332.08 | 2122.8% |
| August | $75,807.67 | $78,317.33 | $90,044.67 | 2191.8% |
| September | $78,073 | $80,696.25 | $92,757.25 | 2260.8% |
| October | $80,338.33 | $83,075.17 | $95,469.83 | 2329.9% |
| November | $82,603.67 | $85,454.08 | $98,182.42 | 2398.9% |
| December | $84,869 | $87,833 | $100,895 | 2468% |
| All Time | $72,409.67 | $74,748.96 | $85,975.79 | 2088.2% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $87,834.33 | $90,844.17 | $104,879.33 | 2569.4% |
| February | $90,799.67 | $93,855.33 | $108,863.67 | 2670.8% |
| March | $93,765 | $96,866.50 | $112,848 | 2772.2% |
| April | $96,730.33 | $99,877.67 | $116,832.33 | 2873.6% |
| May | $99,695.67 | $102,888.83 | $120,816.67 | 2975% |
| June | $102,661 | $105,900 | $124,801 | 3076.4% |
| July | $105,626.33 | $108,911.17 | $128,785.33 | 3177.8% |
| August | $108,591.67 | $111,922.33 | $132,769.67 | 3279.2% |
| September | $111,557 | $114,933.50 | $136,754 | 3380.6% |
| October | $114,522.33 | $117,944.67 | $140,738.33 | 3482% |
| November | $117,487.67 | $120,955.83 | $144,722.67 | 3583.4% |
| December | $120,453 | $123,967 | $148,707 | 3684.9% |
| All Time | $104,143.67 | $107,405.58 | $126,793.17 | 3127.1% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $125,601.17 | $129,958.67 | $153,876.75 | 3816.4% |
| February | $130,749.33 | $135,950.33 | $159,046.50 | 3948% |
| March | $135,897.50 | $141,942 | $164,216.25 | 4079.6% |
| April | $141,045.67 | $147,933.67 | $169,386 | 4211.2% |
| May | $146,193.83 | $153,925.33 | $174,555.75 | 4342.8% |
| June | $151,342 | $159,917 | $179,725.50 | 4474.3% |
| July | $156,490.17 | $165,908.67 | $184,895.25 | 4605.9% |
| August | $161,638.33 | $171,900.33 | $190,065 | 4737.5% |
| September | $166,786.50 | $177,892 | $195,234.75 | 4869.1% |
| October | $171,934.67 | $183,883.67 | $200,404.50 | 5000.6% |
| November | $177,082.83 | $189,875.33 | $205,574.25 | 5132.2% |
| December | $182,231 | $195,867 | $210,744 | 5263.8% |
| All Time | $153,916.08 | $162,912.83 | $182,310.38 | 4540.1% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $185,123.58 | $199,172.83 | $213,843.17 | 5342.7% |
| February | $188,016.17 | $202,478.67 | $216,942.33 | 5421.6% |
| March | $190,908.75 | $205,784.50 | $220,041.50 | 5500.4% |
| April | $193,801.33 | $209,090.33 | $223,140.67 | 5579.3% |
| May | $196,693.92 | $212,396.17 | $226,239.83 | 5658.2% |
| June | $199,586.50 | $215,702 | $229,339 | 5737.1% |
| July | $202,479.08 | $219,007.83 | $232,438.17 | 5816% |
| August | $205,371.67 | $222,313.67 | $235,537.33 | 5894.8% |
| September | $208,264.25 | $225,619.50 | $238,636.50 | 5973.7% |
| October | $211,156.83 | $228,925.33 | $241,735.67 | 6052.6% |
| November | $214,049.42 | $232,231.17 | $244,834.83 | 6131.5% |
| December | $216,942 | $235,537 | $247,934 | 6210.4% |
| All Time | $201,032.79 | $217,354.92 | $230,888.58 | 5776.5% |
Between 2023 and 2050, Ethereum’s price will most likely follow the bullish outlook and aim for the six-digit territory. The lowest price point is $16,092.58, and the highest price of Ether is $145,915.83.
Ethereum Price Analysis: ETH Whales On Buying Spree
Ethereum price continues to display remarkable strength as Bitcoin crosses $100K. During this uptrend a massive amount of ETH has flown out of centralized exchanges. According to Santiment, nearly 300K tokens have left centralized platforms, leaving only 10.52 million ETH. During the same time, the supply held by non-exchange addresses has spiked from 45.06 million to 45.23 million, ie., nearly 220K ETH was accumulated by these entities.
Both these events are signs that investors are gaining confidence and indicate that the future of ETH is bullish.
A more precise indicator that shows whales are accumulating ETH is supply distribution by balance of addresses. This on-chain metric shows that between November 27 and December 5, addresses holding 10,000 to 100,000 ETH increased their holdings by 600K ETH from 24.24 million to 24.84 million.
These outlook shows that Ethereum price will hit $4,000 soon and target the next hurdle at $5,000.
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