Ethereum Supply Tightens, ETH Price Ready to Move?

Ethereum (ETH) supply dynamics document historical staking and accumulation during sideways price action in June 2025.

CryptoQuant analysis indicates institutional investors and big holders’ ongoing accumulation. Besides, options data indicates possible volatility at important price points in the future.

Ethereum accumulation addresses achieved historic milestones during June 2025. It comes despite price levels remaining below market expectations due to market maker manipulation.

These addresses, which follow strict criteria including non-exchange ownership and minimal outflow history, reached 22.7465 million ETH held by June 30th.

The accumulation started June 1st at 16.7281 million ETH, creating an increase of 35.97% throughout the month.

This growth pattern clearly appears in ETH Cohort Study data tracking long-term holder behavior and accumulation trends across different investor categories.

Source: ETH realized price for addresses

These accumulation addresses set records by purchasing in one month, amassing a record 6.0184 million ETH in June. The purchases contributed to holdings from 16.7281 million ETH on 1st June to 22.7465 million ETH by the end of the month.

The current worth of the accumulation addresses is $2,114.70 as of July 1st, which is their average acquisition cost on all of their purchases. Considering that ETH is now at $2,565, these addresses now have a gain of 21.29% as of July 2nd.

The majority of the accumulation addresses are held by institutional investors, large holders, and ETFs, which still accumulate positions despite the ongoing ETH price consolidation.

Institutional demand pressure generates supply shortages that can lead to future price appreciation when market conditions are favorable.

Liquid Staking Reaches All-Time High

Ethereum liquid staking activity achieved its highest levels during June 2025, with nearly one million ETH added to staking protocols throughout the month. Staking amounts grew from 34.546084 million ETH on June 1st to 35.526482 million ETH by June 30th, creating a monthly increase of 2.83%.

This month-to-month staking increase is a record for Ethereum staking volumes. It indicates increased investor confidence in earning yields without losing liquidity using staking derivatives.

The trend continued throughout July, with ETH establishing an all-time high for liquid staking at 35.56435271 million ETH on July 1st.

Source: CryptoQuant

Lido and Binance ETH Staking protocols were the most popular of this staking phenomenon, attracting investors with their large-scale operations and institution-friendly features.

These platforms offer liquid staking tokens that allow investors to earn staking rewards without necessarily having to give up tradable assets.

Most accumulation addresses choosing liquid staking belong to institutional investors, ETFs, and large holders who prefer earning yields while waiting for substantial price appreciation.

Analysts Predict ETH Price Breakout Potential To $3,000

Ethereum options data reveals $584 million in notional value with a put/call ratio of 1.28 and a maximum pain point at $2,500 according to Deribit analysis.

Open interest is concentrated at important price points, and volatility is possible when options are expiring and need compelling market positioning changes.

Technical analyst Michaël van de Poppe opines that ETH breaking past resistance levels is a positive bullish indicator. The expert has cited the relative outperformance of Ethereum against Bitcoin in recent price action.

The analyst is optimistic that the ETH price will reach $3,000 if resistance levels hold, with the overall Ethereum ecosystem faring well on all fronts.

Source: Michaël van de Poppe X post

Analyst Ted maintains a long-term bullish outlook despite short-term volatility concerns. He predicts the ETH price to reach above $10,000 during the current market cycle.

This is based on continued institutional buying and staking being price-supportive on long-term horizons.

The confluence of record accumulation, increasing staking activity, and technical breakout signals sets aside a number of bullish catalysts for Ethereum (ETH) price action.

Although market makers continue to manage short-term price action, underlying supply suggests institutional positioning for future appreciation.

The post Ethereum Supply Tightens, ETH Price Ready to Move? appeared first on The Coin Republic.

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