Trump’s team apes into Ether as the altcoin king is still some distance away from securing a new yearly peak.
Ethereum’s stupendous price rally to nearly $4K triggered sky-high confidence in this asset among the heaviest players. Since last week, crypto market connoisseurs have been watching Donald Trump’s crypto venture gulping up 10,013 Ether (ETH) tokens for approximately $36 million.
Donald Trump’s Team Eagerly Fills Ethereum Bags
Ethereum’s (ETH) price managed to turn the tides from bearish to bullish on July 11, 2025, reclaiming the $3K mark after a quarter-long hiatus. Right now, top analysts are expecting the largest Proof of Stake (PoS) chain’s native crypto to have another go at $4K, as this yearly high is unclaimed since December 7, 2025.
Precisely, Donald Trump team’s ETH buying spree started when Ethereum’s price reclaimed a critically important level of $3K, so the average ETH buying price is over $3.5K. Besides, other major crypto players tend to follow a similar path. After taking a glimpse at the technical charts, DailyCoin’s team witnessed positive momentum.
For one, the Chaikin Money Flow (CMF), a technical instrument measuring crypto whale activity, has been steadily positive since June 8, 2025. Normally, the CMF metric turns negative when big crypto investors, otherwise referred to as crypto whales, start to take out profits massively.
This usually happens after a bull run when the digital asset enters market correction mode.
However, this time it didn’t, as Ethereum’s price hasn’t even reached the overbought phase yet. Judging by the low numbers in Stochastic Relative Strength Index (StochRSI), Ethereum (ETH) is heavily oversold, meaning that the current market value is still underpriced.
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