ETH jumps 1.55% in 15 minutes: a convergence of institutional sentiment reversal and whale accumulation driving a short-term rebound

From 01:15 to 01:30 UTC on June 22, 2026, ETH surged rapidly within 15 minutes, with a return of +1.55%. The price ranged from 1,725.72 to 1,759.44 USDT, with a swing of 1.95%. Market volatility has noticeably intensified, and short-term buy pressure has pushed the price out of the bottom range.

The main driver of this abnormal move is a key shift in institutional sentiment. After experiencing 17 days of consecutive net outflows, the ETH ETF resumed net inflows of $19.30 million on June 5, ending the longest net outflow streak in history. This signal indicates that institutional investors’ stance on ETH has shifted from extreme pessimism to cautious optimism, triggering short-covering and dip-buying behavior, which directly drove the price higher.

Second, on-chain data shows that whales are accelerating accumulation rather than selling. The number of addresses holding more than 1,000 ETH increased by 3.7%, and there has also been activity transferring large amounts of ETH to cold wallets, suggesting long-term holding intent rather than imminent liquidation. This reduces market circulating supply and provides structural support for the price.

In addition, the forecast market shows strong consensus support. Polymarket data indicates an 83% probability that ETH will remain in the $1,700–$1,800 range. The current price is in the middle of that range, reinforcing market confidence. On liquidity, a 1.4% decline in order book depth suggests tighter sell-side liquidity and stronger buyer willingness to absorb; with multiple factors overlapping, a resonance effect has formed.

What to watch now is the continuity of institutional capital and changes in ETF flows. The price has approached the upper end of the predicted range, and short-term price may face profit-taking pressure. For support, watch $1,725; for resistance, keep an eye on the $1,760 area. Users should be alert to the risk of a short-term pullback, and continue monitoring on-chain fund flows and macro news developments.