Ethereum Price Prediction: Whale Bags $320M ETH, Can ETH Price Hit $3,000? 🐋
The Ethereum price is once again under the spotlight after a whale linked to Consensys made a massive purchase of $320 million worth of ETH. This significant transaction has sparked discussions regarding the cryptocurrency's future price movements.
On June 3, 2025, U.S. Ethereum spot ETFs recorded impressive net inflows of $109.43 million, marking 12 consecutive days of positive flows. BlackRock’s iShares Ethereum Trust led this activity with $77.06 million in fresh capital.
Such continuous investments and the strong institutional backing have raised questions about whether Ethereum's price might soon reach the $3,000 mark.
Source: www.thecoinrepublic.com ↗
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