141 Ether has proven particularly resilient, as it was able to hold support above $2,500 even as institutional dynamics continued to change. During the last month, whale and shark wallets have added a great percentage of Ether. This build-up has the capacity to form a significant price support. This accumulation trend correlates with ETF flow changes and significant trading volume spikes.

Ether traded between $2,499.39 and $2,580.53 over the past 24 hours. On June 14, the average cryptocurrency was priced at $2,508, a simultaneous drop of 0.88%.

Wallets with balances between 1,000 and 100,000 Ether have in aggregate increased their positions by 1.49 million Ether in the last month. This group now holds 26.98% of the total Ether supply between them, representing a 3.72% increase in their combined holdings. In this recent analysis of Ethereum’s market trends, Santiment analysts noted that while smaller, retail-oriented wallets have been drawing down profits, larger holders have been repeatedly accumulating Ether.

Ether lost ground in early afternoon trading hours after briefly reaching a high of $2,580.53. The price even dipped below $2,500 before later bouncing back to end the day closing near $2,518.76.

Ether made a recent retreat from its highs around $2,870. Nonetheless, it manages to keep climbing above the $2,500 key support zone. Support does seem to be coalescing around this level, which has thus far acted as a major psychological and technical barrier for Ether. Most notably, the ongoing accumulation by whale and shark wallets might be a key bullish price floor for Ether.

U.S.-listed physically backed spot Ether ETFs had an estimated $2.2 million in net outflows on Friday, ending the 19-day ETF inflow streak. Late-session volume saw a surge, particularly between 17:30 and 18:00 GMT, aligning with Ether's rebound.