Highlights
The ongoing crypto market correction is also taking a toll on the Ethereum price. The token, which has surged to $4,891.7 in its prime, is trading at nearly half in the current scenario; however, despite that, the on-chain data reveals that investors are continuously investing in the token. Some even see it as the safe bet in the tumbling market. Let’s discuss.
With a 14% crash over the week, Ethereum price is currently at $2,243 with a market capitalization and trading volume of $270.82B and $24.87B. Not only that, its ATH target stands at 54% away from the current level, which it has failed to achieve in the last four years. However, despite that, on-chain activity reveals high whale accumulation and high Ethereum ETF inflows, showcasing its high demand.
On June 21 alone, the Ethereum whale bought over 116,893 ETH, which is equivalent to $26.21M today. The data has been high for weeks now as experts believe institutional buyers are buying the dip amid the broader crypto market crash.
Additionally, the Ethereum ETF net flows have been on another level, even beating Bitcoin on many days, showcasing high investor activity. In the last week, the inflows surpassed the $40.3M mark.
ETH is the second biggest cryptocurrency in the market, with a history of stability and reputation among investors. Due to the same, investors have been all in on the token to buy the dip and profit when the price recovers.
CryptoOnchain report notes that Ethereum’s (ETH) market share is rising on Binance trading data (Jan 2023 – May 2025). Moreover, despite the crypto market turbulence, its trading volume has remained relatively stable between 300T and 490T. Notably, Ethereum’s trading activity remained stable, while others’ crashed, signaling its increasing dominance in altcoins.
However, they noted that this increase in dominance is not due to growth in ETH; instead, it is because of the declining activity in the rest of the tokens. Overall, they conclude that the investors’ interest in the token is not related to its hype or price surge but to the trust it has built.
Besides, the long-term Ethereum price prediction is bullish, so the investors’ buying behavior and actions are based on that.
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