2025 has been a rollercoaster year for Ethereum. After plunging 45.3% in Q1, ETH rebounded with a 34.9% gain this quarter, including a staggering 41.1% surge in May—the highest monthly return of the year.
But June has started on a quieter note. So far, ETH is down 2.61%, and market momentum appears weak. Still, a whopping $2 million call option bet is shaking up sentiment—hinting at a potential breakout by month’s end.
According to reports, a high-stakes trader spent $2 million in premiums to buy 61,000 ETH call options, set to expire at the end of June. The strike prices? $3,200 and $3,400—over 30% higher than Ethereum’s current price of $2,465.
This bold move suggests strong conviction that Ethereum will rally sharply in the coming weeks.
At the start of June, ETH was priced at $2,526. It briefly surged to $2,678 on June 4, before dipping to $2,413 the next day—a 7.41% drop. Despite the correction, investor sentiment remains bullish.
Many analysts believe ETH can break the $3,000 resistance this month, backed by growing institutional interest and major network upgrades.
Ethereum’s Pectara upgrade, launched on May 7, has significantly improved scalability. Key features include:
According to Youwei Yang, Ph.D., Chief Economist at BIT Mining, these upgrades demonstrate Ethereum’s focus on long-term network efficiency—boosting investor confidence.
Recently, SharpLink Gaming announced plans to move $425 million into ETH as a treasury reserve. The news has electrified the Ethereum community and is seen as a strong institutional vote of confidence.
Adding fuel to the bullish fire, rumors suggest U.S. regulators may soon approve a spot Ethereum ETF with staking—unlike current Bitcoin ETFs that lack staking support.
As per Blockworks, the Ethereum spot ETF market is gaining traction:
Top Players:
With ETF inflows rising and institutional bets stacking up, Ethereum could be gearing up for a breakout in June.
From massive options bets and ETF momentum to game-changing upgrades and corporate buy-ins, Ethereum’s bullish narrative is strengthening.
Will ETH hit $3,200 by June-end? With momentum building, all eyes are on Ethereum this month.
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