ETH rallies 36% in Q2 amid record accumulation and staking surge

Ethereum recorded its largest monthly accumulation on record in June, as strategic wallets added more than 6 million ETH in a show of growing long-term confidence.
At the same time, staked ETH rose by nearly 1 million, and ETH surged 36% in Q2, setting the stage for a potential breakout, CryptoQuant analist stated.
Key takeaways
- 6 million ETH accumulated in June by long-term, non-exchange wallets — a historic monthly record
- 1 million ETH staked on platforms like Lido and Binance, with staking totals reaching 35.56 million ETH
- ETH holders sit on 21.3% gains, with little short-term sell pressure
- Price outlook: ETH trades at $2,596, up 6% in 24h, as technicals hint at increased volatility
Institutional and long-term holders lead Ethereum accumulation
According to on-chain analysis by CryptoQuant contributor Carmelo Alemán, Ethereum accumulation addresses—wallets with minimal outflows and no centralized exchange links—held 22.75 million ETH by June 30, up from 16.73 million ETH on June 1. That 35.97% increase marks the largest monthly gain ever recorded for this category of holders. Many of these addresses are believed to belong to institutional or long-term investors who are positioning ahead of a potential rally.
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In parallel, Ethereum staking activity surged, with total staked ETH growing from 34.55 million to 35.56 million during June. Much of this growth occurred on leading platforms such as Lido DAO and Binance, with stakers aiming to earn yield while holding ETH. This steady staking behavior is seen as a sign of investor conviction, as coins are locked away from immediate circulation.
Technical indicators suggest brewing volatility
At press time, ETH is trading at $2,596, up 6% over the past 24 hours, and showing a strong rebound after Q1 losses. The price has reclaimed its 20-day exponential moving average, and Bollinger bands are beginning to widen, signaling a potential volatility spike. These developments follow a 36% gain in Q2, which reversed a sharp 45% decline from the previous quarter.
Ethereum price dynamics (June - July 2025). Source: TradingView
Ethereum’s combination of record accumulation, increased staking, and positive price action points to rising market confidence. With volatility indicators flashing and strategic holders still accumulating, analysts are watching closely for a potential breakout above key resistance levels in the coming weeks.
We also wrote Ethereum price holds $2,445 as bulls eye breakout above key resistance.