{"content":"🔥 Ethereum Bounces Back — Whale Activity & ETF Interest Spark Recovery Ethereum whales added 1.12 million ETH in May, boosting its monthly performance beyond 46%. US spot Ethereum ETFs have netted $493 million this month. ETH is challenging the 14-day EMA-supported ascending triangle support level. Ethereum (ETH) trades at $2,578 on Friday, down 2.6% on the day but up 46% on the month — its first positive monthly return in 2025 — as whales and ETF investors returned to spotlight the top cryptocurrency. According to Laevitas.ch, Ethereum is on course to have its first positive month in 2025 with a 46% return in May. The month saw ETH's positive momentum as the US struck trade deals with the UK and China, which temporarily lowered tariffs. Ethereum whales were bullish after positive macroeconomic signs, as addresses holding 10K–100K ETH increased their holdings from 16.50 million to 17.62 million in May, a 1.12 million ETH increase and ETH's largest monthly whale buying pressure since July 2022. US spot Ethereum ETFs saw net inflows of $493.94 million in May, boosting their total flows in 2025. The products' nine-day sequence of positive flows continued on Thursday with $91.93 million in net inflows. Monthly Ethereum open interest (OI) rose 43% from $12.18 billion to $17.53 billion. Derivatives market open interest is the number of unresolved contracts. As seen in the chart below, investors have been developing enormous short positions on Binance, outweighing longs, leading to nuanced OI growth. This may be whales hedging or short trades predicting ETH's decline. Ethereum exchange flows ended a three-day inflow trend on Friday with net outflows of nearly 114,000 ETH. Investors are net purchasing heading into the weekend. Exchange net outflows indicate spot market purchasing pressure, unlike ETFs. #ETH #CEXvsDEX101 #TrumpMediaBitcoinTreasury #ElonMuskDOGEDeparture #PCEMarketWatch $ETH $BTC $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/31/308690eedf8645c8b394d4002d8bc929.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}