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Cryptocurrency News Articles

Ethereum (ETH) Price Prediction: Will ETH Hit $10000 in This Cycle?

Feb 21, 2025 at 11:24 am

Ethereum price is seeing accumulation as exchange reserves decrease and experts believe it could hit $10,000 in this cycle.

Ethereum (ETH) Price Prediction: Will ETH Hit $10000 in This Cycle?

Ethereum price analysis shows that the second-largest crypto is seeing accumulation as exchange reserves decrease.

This trend could lead to a rally in the upcoming months.

Top crypto analysts believe that the coin is set to hit $10,000 in this cycle.

Here’s a closer look at the key factors driving Ethereum’s price.

Crypto Quant Exchange reserves data shows that exchange holdings of ETH decreased from 30 million at the beginning of 2022 to 19 million in 2025.

This decline may indicate that fewer ETH tokens are on the trading market, as more traders stake them.

Less availability on the exchanges may, therefore, enhance a relative stability of the price and also an upward trend in case of an increase in demand.

Historically, Ethereum’s price has shown an inverse correlation with exchange reserves.

When reserves decrease, price surges often follow due to a supply squeeze.

In mid-2022, reserves declined significantly, leading to a rebound in Ethereum’s price, which peaked above $4,000 in early 2024 before experiencing volatility.

If this pattern continues, analysts believe Ethereum could move toward the $10,000 price target.

Institutions continue to show interest in major cryptocurrencies like Bitcoin and Ethereum.

According to the latest data, the top 10 crypto addresses that include whales and institutional investors own 54% of the total Ethereum supply.

These large holders can move the price and their continued accumulation strengthens the long term outlook for Ethereum.

Furthermore, 74% of ETH holders have been found to have been holding their earnings for more than one year while only 4% of the holders have been holding the same for less than a month.

It shows that most of the investors now have long-term perspective and avoid short-term fluctuations with the possibility of large-scale sales.

Well-known crypto analyst TedPillows explained sentiments on the market, predicting that the second-largest crypto will touch $10,000 in this cycle.

With the highest TVL, strong institutional adoption, and lower inflation than most altcoins, the long-term outlook remains positive.

However, the recent market downturn has seen Ethereum’s price drop by over 70% from all-time highs.

Despite the correction, major crypto traders and investors remain optimistic about Ethereum’s future price performance.

Ethereum’s current price is around $2,720, following a correction from recent highs.

Ethereum network data shows strong institutional involvement through its large transactions.

During the last seven days there were $40.13 billion worth of transactions which exceeded $100,000.

This level of activity suggests that major market players remain engaged in Ethereum trading and accumulation.

The recent net exchange flows amounting to $11.03 million point toward moderate exchange inflows yet the consolidated data indicates most ETH owners are moving tokens away from exchange platforms into staking and self-custody storage options.

Supply reduction activity can boost future price appreciation because of its market effects.

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