Share
Ether (ETH) traded at $1,923.47 on the daily chart, up 2.4% on the day, according to CoinGecko data.
The candle opened at $1,916.42, reached a high of $1,927.72, and held a low of $1,907.08, extending a move that has now cleared $1,900 for the first time since early June.
Spot Ether exchange-traded funds (ETFs) recorded a $53.83-million net inflow on July 15, following a $58.34-million inflow on July 14, per SoSoValue data, for a combined $112.17 million over two days, after a red day on July 13 (negative $15.41 million).
Cumulative net inflow across the ETF complex rose to $11.07 billion. This is the second time in two weeks that a red day has been followed by consecutive green sessions, a pattern of volatility around a slowly rising baseline rather than an uninterrupted trend.
The ETF flows landed alongside separate, independently verified onchain activity.
Lookonchain flagged that wallet “0x363A” accumulated 11,843 ETH, worth $20.8 million, in a three-hour window on July 14, while a second wallet, “0xf31d,” withdrew 8,239 ETH, worth $14.5 million, from several exchanges over the same week.
Whales continue accumulating $ETH!
A newly created wallet, 0xf31d, withdrew 8,239 $ETH($14.5M) from multiple exchanges over the past 12 hours.
Whale 0x363A has accumulated 11,843 $ETH($20.8M) in the past 3 hours.https://t.co/n7tg4ZU8Bwhttps://t.co/FqGChb5gaM pic.twitter.com/pzDq41rhvu
— Lookonchain (@lookonchain) July 14, 2026
Bitmine Immersion Technologies, the largest corporate ETH holder, bought another 6,000 ETH worth $11.18 million from FalconX on July 15, continuing its push toward a stated goal of holding 5% of ETH’s total supply, a smaller purchase than its 40,000- and 20,500-ETH buys in late June and early July.
It seems that Tom Lee(@fundstrat)'s #Bitmine bought another 6,000 $ETH($11.18M) from #FalconX 7 hours ago.https://t.co/sHMfyAQlqN pic.twitter.com/9hjSYW6lUx
— Lookonchain (@lookonchain) July 15, 2026
The ETH/BTC ratio climbed roughly 6% over the past week, tying the move to the whale and institutional flows described above.
A rising ratio alongside a rising dollar price is a more specific claim than either fact alone; it means ETH is gaining ground against BTC specifically, not moving up solely because BTC is rising.
Three independent demand signals, ETF inflows, whale accumulation, and Bitmine’s continued buying, now sit behind that ratio move rather than a single explanation, which makes the next test of the ratio more meaningful than it would be in isolation.
The daily ETH/USD chart and technical data from TradingView show price above every moving average (MA) from the 10-day through the 50-day tier, a full bullish alignment that wasn’t in place as recently as this week.
The 10-day exponential moving average (EMA) at $1,830.29, 10-day simple moving average (SMA) at $1,814.74, 20-day EMA at $1,784.44, 30-day EMA at $1,776.80, and 50-day EMA at $1,810.73 all show an upward signal, as does the 50-day SMA at $1,745.21 and the Hull MA at $1,919.96.
Only the 100-day and 200-day tiers remain in a downward signal, with the 100-day EMA at $1,943.75 and the 200-day EMA at $2,214.09.
Immediate resistance sits at the day’s high of $1,927.72, with the 100-day EMA at $1,943.75, the next level above.
Support sits at the day’s low of $1,907.08, with the Hull MA at $1,919.96 and the 50-day EMA at $1,810.73 as the next levels below.
A daily close above $1,927.72 would open the path toward the 100-day EMA, while a close back below the Hull MA at $1,919.96 would be the first sign that this week’s momentum is stalling.
The two-day ETF streak is worth tracking rather than assuming it holds. July 16’s print will show whether this extends to a third consecutive green day, which would be the first such run since early July, or whether the pattern of single-day reversals continues.
The whale wallets identified by Lookonchain as newly created specifically to receive large ETH withdrawals are a pattern commonly associated with institutional or high-net-worth accumulation, though not something that can be confirmed with certainty from wallet activity alone. Bitmine’s smaller July 15 purchase size, relative to its recent buys, is also worth watching over the coming week to see whether it reflects normal variance or an actual reduction in pace.
All three threads, ETF flows, whale wallets, and Bitmine’s buying, are pointing in the same direction for now, but a single week of alignment is not yet a confirmed trend across all three channels simultaneously.
The technical picture adds a further nuance worth holding alongside the flow data: With the stochastic RSI fast pinned at 100.00 and the Williams Percent Range at -8.49, ETH is stretched by short-term momentum measures, even as the underlying MA structure and demand-side flows look constructive. A pullback from these levels would not necessarily contradict the broader bullish case; it would be a normal cooling-off period within a trend that the flow data still supports.
The distinction between a healthy pause and a genuine reversal likely comes down to whether ETH holds the Hull MA at $1,919.96 on any pullback or breaks back below the newly bullish 50-day tier entirely.
Share
preferred on
