Ethereum Surpasses 35 Million ETH Staked: A Testament to Growing Market Confidence

Key Highlights:

• Ethereum’s staked volume reaches a significant 35 million ETH.
• Accumulation addresses among Ethereum whales are climbing as optimism grows.
• Technical analysis hints at a possible price surge for Ethereum, targeting the $3,000 mark.

Ethereum (ETH), a prominent player in the cryptocurrency landscape, has reached a new height in its staking volume, marking a pivotal moment for the altcoin.

Ethereum’s Staking Achievement: A Sign of Confidence

Recent findings from CryptoQuant, an on-chain analytics service, reveal that Ethereum has crossed the impressive threshold of 35 million ETH locked in staking addresses.

This significant development underscores a growing sense of confidence among investors and underscores the enduring strength of the Ethereum network. Staking involves holders committing their ETH to enhance network security in exchange for rewards, signaling a long-term bet on Ethereum’s future viability.

With a remarkable accumulation of over 35 million ETH staked, investors are clearly looking towards the long haul, reinforcing their commitment to the cryptocurrency.

The influx of staked ETH, particularly the 500,000 ETH added in just June, underscores the bullish sentiment among holders amidst market fluctuations, emphasizing a strong belief in the asset’s potential recovery.

Surge in Ethereum Accumulation Addresses

In addition to the substantial staking volume, data indicates a significant rise in Ethereum accumulation addresses. This trend reveals that many holders are opting not to liquidate their assets, showcasing their strong belief in Ethereum’s future.

The number of accumulation wallets has also reached a record high, collectively harboring 22.8 million ETH, which indicates an ongoing strategy of buying and retaining assets despite price fluctuations. This behavior highlights unwavering confidence among long-term holders who are focused on sustaining their investments regardless of market ups and downs.

Moreover, whale activity has surged, with over 800,000 ETH amassed by largeholders within the past week. Recent data from Glassnode shows that the total ETH held in whale wallets exceeds 14.3 million. Notably, on June 12, 2025, nearly 871,000 ETH was added in a single day—the highest inflow recorded this year.

Such pronounced accumulation by whales could pave the way for a potential price increase, as historically, significant buying by largeholders often precedes upward market movements.

Ethereum Price Moves Toward $3,000: Is a Breakout Imminent?

Currently, ETH is trading at approximately $2,548.31, reflecting a 2.68% decline over the past 24 hours. After briefly surpassing the $2,600 threshold and reaching a peak of $2,680.09, the price faced resistance coming from market volatility.

Nonetheless, trading activity remains strong, with a 22.24% spike in volume, totaling around $24.46 billion over the same period. Reports suggest that whale interest—contrary to market fluctuations—could facilitate ETH’s return to the $3,000 level.

If Ethereum manages to break the $2,900 barrier, technical indicators suggest a potential trajectory toward values of $3,600 or more within the approaching weeks.

This scenario collectively paints a picture of optimism surrounding Ethereum’s future, making it a focal point for market watchers and investors alike.