Daily Crypto Signals: Bitcoin Nears $75,000 Milestone, Ethereum Whales Resurface

Quick overview

Bitcoin BTC/USD surged toward a four-week high near $75,000 on hopes of a US–Iran deal, while whale accumulation hit a two-month peak of 4.25 million BTC; Ethereum ETH/USD simultaneously recorded its strongest Coinbase institutional premium since October and drew $196.5 million in fresh inflows after three consecutive weeks of outflows.

Crypto Market Developments

After five long weeks of withdrawals that took around $4 billion from crypto investment products, the market changed quickly in the week ending April 11. Global crypto funds took in $1.1 billion in net inflows, mostly from US investors who put in $1.06 billion, or nearly 95% of all flows. US spot Bitcoin ETFs brought in the most money, with $833 million in inflows. Weekly trading volumes also rose by 13% to $21 billion.

The rally was caused by two things happening at the same time: Iran sending out early peace signals and US inflation being lower than predicted. Both of these things got institutional money off the sidelines. The total value of all cryptocurrencies rose back to $2.6 trillion, the greatest level in a month. However, leveraged short traders had to pay the price: CoinGlass says that 177,000 positions were closed for $530 million in 24 hours.

More deals being made in the area added to the good atmosphere. Deutsche Börse said it would invest $200 million in Payward, Kraken’s parent firm, buying a 1.5% interest and strengthening a collaboration that aims to create a single infrastructure for institutional crypto clients. At the same time, Crypto.com announced a deal with High Roller Technologies to develop a CFTC-registered prediction markets product in the US. This is the most recent crypto exchange to look into what analysts think might become a $1 trillion prediction market by 2030. Morgan Stanley’s new Bitcoin ETF also had a solid start, bringing in over $62 million in its first week. The bank has subsequently filed for Ethereum and Solana ETFs as well.

Bitcoin Whales Scoop $2B as Price Approaches $75K

Bitcoin hit a four-week high of just under $75,000 on Coinbase before falling back to roughly $74,300, where it stayed until early Tuesday. During the rally, whale activity shot up dramatically. On Sunday alone, wallets with between 1,000 and 10,000 BTC added 27,652 BTC, which is worth more than $2 billion, according to on-chain analytics firm Santiment. The total amount of BTC held by these major investors has now reached 4.25 million, the highest level since mid-February. This suggests that a lot of the current price spike was caused by big investors buying up coins on purpose instead of small investors speculating.

The rally got more gasoline from the global situation. According to BTSE COO Jeff Mei, most traders think that the US and Iran are getting closer to a settlement. Iran is apparently keen to make a deal because the US is blocking its oil shipping lanes with military force. President Trump said on Monday that Iran wants to strike a deal, but he made it clear that his government will not accept any deal that would let Tehran keep nuclear weapons. Bitcoin ETF inflows have now hit just under $2 billion this year, which is around 82% of all crypto ETP inflows reported in 2026.

Institutional Premium Hits Six-Month High Amid Mixed Signals

This week, Ethereum’s comeback from its February lows picked up speed, thanks to the biggest institutional demand signal the commodity has seen since October 2025. The Coinbase Premium Index for ETH, which shows the price difference between Coinbase and Binance and is a good indicator of US institutional buying, temporarily hit about 0.055, its highest level in six months. When Coinbase trades higher than Binance, it means that institutional purchasers are bidding more aggressively for ETH than the global market. At that level, they were doing so at a very high level. The whale statistics also showed the surge: the number of Ethereum wallets with at least 100,000 ETH rose from 54 to 57 in just one week, which suggests that a lot of new money is coming in.

The index has since dropped back to about 0.006, which is a warning sign. The moderation shows that institutional urgency has lessened, but analysts point out that a rise followed by a halt is different from a surge followed by a reversal. Ethereum is currently trading between $2,350 and $2,400 and is testing a key resistance area. It is still below its 100-day and 200-day moving averages, which are both sloping down and acting as dynamic resistance. If the price stays above $2,400, it might go up to $2,600–$2,800. If it doesn’t, it could go back down to the $2,100 support zone. Even if there have been $130 million in withdrawals so far this year, the $196.5 million influx this week implies that institutional interest in ETH may be slowly growing again.

ABOUT THE AUTHOR See More

Arslan Butt

Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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