Ethereum whales are once again in the focus with corporate treasuries stepping up acquisition. BitMine recently increased its Ethereum holding to 2.65 million ETH with a value of over $10.8 billion.Meanwhile, analysts believe that Shiba Inu is an undervalued token entering Q4, based on supply dynamics and technical arrangements. This news points to a resurgence of investor interest in crypto markets. It is against this backdrop that the fast-paced MAGACOIN FINANCE presale is attracting substantial investor interest in achieving an early entry into new altcoins.BitMine Adds 2.65M ETH, What’s Next for Ethereum Price?BitMine has confirmed a fresh acquisition of 25,369 ETH valued at $127 million, pushing its corporate treasury to 2.65 million ETH. The move comes just days after the company bought over 200,000 ETH during a price dip below $4,000, consolidating its position as the largest known Ethereum holder.BitMine’s latest accumulation has come during a decisive moment for Ethereum. Having fallen to under $4,000, ETH recovered remarkably, with current price close to $4,191. On the 4-hour chart, the asset is developing a contracting triangle with most important resistance between $4, 230 and $4, 275.The point where the 100-day and 200-day exponential moving averages (EMAs) meet is the strongest part of this zone and therefore the initial serious obstacle to overcome.Moreover, the next leg higher is also being fuelled by institutional demand. Spot Ethereum ETFs recorded inflows of $546.9 million in one session, dominated by Fidelity with $202.2 million and BlackRock with $154 million.Source: Ted Pillows | XAnalysts observe that ETF demand may have a massive effect on short-term prices and research has revealed that each $100 million inflow can increase crypto spot prices by 0.3% to 0.7%. Such flows imply that ETH may be able to maintain momentum when inflows are constant.Provided that Ethereum breaks the $4,275 resistance, the subsequent resistance levels are at $4,450 and 4,800. Such levels aside, the medium term estimate is at $5,766, with analysts stating that this price level will match both Fibonacci retracement trends and the ETH/BTC ratio setup.According to a market analyst Donald Dean, the $5,766 point level is also associated with historical breakout structures observed earlier this year.ETHUSD 1-Day ChartAt present, the areas of support are at $4,100-$14,175 and the immediate resistance is at $4, 275. A breakout beyond this zone might have a structural effect on the market sentiment, which would allow the market to open towards the target of $5,766.Shiba Inu Price PredictionMeanwhile, Shiba Inu (SHIB) may be preparing for an “Uptober” breakout. Analyst Zayn revealed that SHIB exchange reserves have dropped to 84.55 trillion tokens, the lowest in two years. In January 2023, exchanges held nearly 190 trillion SHIB, meaning supply has fallen by more than 55%.SHIB Exchange Reserves: Source: XThe change indicates that investors are transferring SHIB to self-custody and staking, hence decreasing the selling pressure in the short term. In the past, these drops in exchange balances have been followed by vigorous accumulation periods. Technically, SHIB is trading around $0.000011 and has a descending resistance trendline. A breakout beyond this point would initiate an October rally.According to crypto enthusiasts, October has been a traditionally bullish month, with an average increase of over 200%. Although the market outlook is still in caution, the lowering exchange reserves and the seasonal momentum are giving hope.Analyst Predict MAGACOIN FINANCE to Lead 2025 With GainsWhile whales load up on Ethereum and analysts track SHIB’s October potential, presale investors are turning to MAGACOIN FINANCE. The project has raised more than $15 million already, which makes it one of the most noticeable new altcoins of the year in its early stage.Moreover, MAGACOIN FINANCE is being reviewed by analysts as one of the best crypto presales in 2025 owing to a number of factors. MAGACOIN FINANCE is based on Ethereum and has a mixture of powerful tokenomics and transparent presale phases that reward early participants.Additionally,the top altcoin Telegram and X community are developing faster, while independent analyst coverage indicates high-conviction upside in MAGACOIN FINANCE.Since the involvement of whales is already visible, MAGACOIN FINANCE has an opportunity to become one of the leading participants during the 2025 cycle.ConclusionEthereum whale investors are increasingly active with BitMine growing its treasury to $2.65 million ETH and the supply movements of Shiba Inu indicate an October recovery. Both actions are signs of a growing optimism in the short-term outlook of the market.Analysts are optimistic that Ethereum might soar up to $5,766 on momentum and SHIB might need to ride its seasonal trend. In the meantime, investors seeking an earlier entry point are paying attention to MAGACOIN FINANCE presale which has already gained considerable publicity 2025 Q4.To learn more about MAGACOIN FINANCE, visit:Website: https://magacoinfinance.comAccess: https://magacoinfinance.com/accessTwitter/X: https://x.com/magacoinfinanceTelegram: https://t.me/magacoinfinanceThe post Ethereum Whale Buys Spike — BitMine Adds 2.65M ETH While Analysts Call SHIB a Hidden Gem for Q4 appeared first on Blockonomi.