{"id":34605,"date":"2025-09-21T08:11:07","date_gmt":"2025-09-21T08:11:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/34605\/"},"modified":"2025-09-21T08:11:07","modified_gmt":"2025-09-21T08:11:07","slug":"is-ethereums-10k-dream-back-in-play-heres-what-you-must-know","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/34605\/","title":{"rendered":"Is Ethereum’s $10K dream back in play? Here’s what you must know"},"content":{"rendered":"

\t\t\t\t\t\t\t\t\t\t\"Avatar\"<\/p>\n

Journalist<\/p>\n

\t\t\t\t\t\t\t\t\t\tPosted: September 21, 2025<\/p>\n

\t\t\t\t\t\t\t\tKey takeaways
\nWhy are whales piling into Ethereum?<\/p>\n

Mega-whale wallets and big players like Bitmine are stacking ETH ahead of a potential breakout.<\/p>\n

What could push ETH toward $10,000?<\/p>\n

The Fusaka upgrade in December, combined with bullish technicals, may drive the rally.<\/p>\n

Ethereum\u2019s [ETH]<\/a> been quiet lately\u2026 but not everyone\u2019s buying the silence.<\/p>\n

A whale just dropped nearly $100 million on a long bet, right as analysts eye a pattern that could be something big.<\/p>\n

Add the upcoming Fusaka upgrade into the mix, and one wonders if the smart money players already circling before the crowd catches on.<\/p>\n

Whales are back in the game<\/p>\n

Glassnode data<\/a> shows the count of \u201cmega-whale\u201d wallets has shot up sharply in recent weeks, reaching levels not seen since early 2021.<\/p>\n

\"ethereum\"<\/a><\/p>\n

Source: Glassnode<\/p>\n

For context, these aren\u2019t casual investors; each address represents holdings worth tens of millions of dollars. This kind of whale accumulation has lined up with strong price rallies so far.<\/p>\n

Big bets, bigger players<\/p>\n

A massive $99.4 million long position has just been opened<\/a> on Ethereum by one whale, proof of great confidence in a rally.<\/p>\n

\"ethereum\"<\/a><\/p>\n

Source: X<\/p>\n

At the same time, Bitmine has been stacking<\/a> even more ETH, purchasing another 15,427 tokens worth $69 million. That brings its holdings to a staggering 2.17 million ETH, valued at nearly $10 billion.<\/p>\n

\"ethereum\"<\/a><\/p>\n

Source: X<\/p>\n

Moves like these aren\u2019t random; those by players with deep pockets and insider information often signify something big.<\/p>\n

All eyes on Fusaka\u2026and $10K
\n\"ethereum\"<\/a><\/p>\n

Source: notes.ethereum.org<\/p>\n

Ethereum developers have locked the 3rd of December<\/a> for the Fusaka hard fork, which will bring 12 upgrades to boost scalability, security, and lower costs. J<\/p>\n

ust weeks later, blob capacity is set to more than double, making layer-2s faster and transactions cheaper, with another increase planned for January 2026.<\/p>\n

\"ethereum\"<\/a><\/p>\n

Source: X<\/p>\n

Pair that with a strong technical setup and whales going all-in, and it\u2019s easy to see why analysts are calling for $10,000 ETH<\/a> this cycle. The question is whether Fusaka will be the catalyst that turns that forecast into reality.<\/p>\n

\t\t\t\t\t\t\t\t\t\t\tPrevious: Grayscale updates ETF filing to include Dogecoin \u2013 Details<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n

\t\t\t\t\t\t\t\t\t\t\tNext: Coinbase unveils ambitious goal: \u2018A better set of financial services\u2019<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Journalist Posted: September 21, 2025 Key takeaways Why are whales piling into Ethereum? Mega-whale wallets and big players…\n","protected":false},"author":2,"featured_media":34606,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[7625,138,111,139,69],"class_list":{"0":"post-34605","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-new-zealand","11":"tag-newzealand","12":"tag-nz"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/34605","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=34605"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/34605\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/34606"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=34605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=34605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=34605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}