Ethereum Nears 2021 Peak Amid Institutional Accumulation

Ethereum Nears All-Time High Amid Institutional Buying

Ethereum (ETH) is nearing its 2021 all-time high of $4,700 as major institutional players, including treasury and ETF entities, drive significant purchasing since June 2025.

Institutional buying contrasts with retail skepticism, suggesting differing market sentiment. Enhanced regulatory clarity and technical momentum provide a potent backdrop for Ethereum’s potential continued growth and stability.

Institutional Accumulation Peaks as Ethereum Nears ATH

Ethereum (ETH) is nearing its 2021 all-time high due to strong institutional interest. Currently, ETH’s price is approximately $4,700, driven by major institutional accumulations since June 2025. Notable entities involved include BitMine Immersion and SharpLink Gaming, acquiring substantial ETH, doubling Bitcoin’s accumulation rate.

Ethereum co-founder Vitalik Buterin hasn’t commented on recent developments.

Market Dynamics and Retail Skepticism

ETH’s price surge has resulted in increased liquidity and staking activities, while retail investors continue to sell. The phenomenon is termed the “wall of disbelief” as retail confidence wavers. This market behavior mirrors past price rallies. Institutional optimism is fueled by higher liquidity, rising institutional demand, and potential regulatory clarity, enhancing Ethereum’s market position.

Historical Cycles and Future Outlook

Historical cycles show retail disbelief followed by intensified profit-taking near peaks. Similar patterns are affecting ETH amid current market dynamics. Geoffrey Kendrick of Standard Chartered cites improved infrastructure and regulatory environment as positive influences. He raises year-end ETH target to $7,500, reflecting on the robust institutional engagement.

“A lot has changed since our last ETH forecast update in March. We raise our price forecasts, as the backdrop for ETH has improved dramatically in recent months.”