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Ethereum Price Forecast — Analysts Eye $6K ETH as BitMine Purchases $961M in a Week

Ethereum Price Forecast — Analysts Eye $6K ETH as BitMine Purchases $961M in a Week

Coinlineup2025/10/05 10:00
By: Coinlineup
ETH+1.05%

Bitmine’s explosive $961 million Ethereum(ETH) purchase in just one week has renewed bullish sentiments in ETH pointing toward a $6,000 target by Q4 2025. Additionally, the surge in ETF inflows reported across media serve as a bullish catalyst

Points Cover In This Article:

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  • BitMine’s Whale Buying Sets Tone
  • Analyst Price Targets and ETF Flows
    • MAGACOIN FINANCE: Riding ETH’s Bullish Tide
  • ETH Outlook & Altcoin Momentum

With momentum building, analysts also noted that speculative altcoins could ride Ethereum’s bullish tide, with MAGACOIN FINANCE emerging as one of the strongest contenders in this rotation.

BitMine’s Whale Buying Sets Tone

BitMine Immersion Technologies has rapidly expanded its Ethereum treasury, now holding over 2.65 million ETH valued at more than $11 billion. In just seven days, the company executed purchases worth approximately $961 million, cementing its place as the largest corporate ETH holder.

Bitminetracker.io

This aggressive accumulation is not merely opportunistic but a deliberate strategy of buying during price dips, with BitMine openly signaling its long-term goal of controlling close to 5% of circulating ETH.

Analyst Price Targets and ETF Flows

Market forecasts have shifted sharply in response to BitMine’s moves. Analysts from Citi , CoinDesk , and Cointelegraph now suggest Ethereum could push toward the $6,000 mark if ETF inflows remain steady.

September alone saw more than $171 million in net inflows, a development that has reinforced technical support above $4,400 while draining reserves from major exchanges.

Ethereum Price Forecast — Analysts Eye $6K ETH as BitMine Purchases $961M in a Week image 0 ETH Tradingview

Chart watchers are equally encouraged, pointing to a bullish flag formation with resistance forming around $4,800 and a potential swing target at $6,100.

MAGACOIN FINANCE: Riding ETH’s Bullish Tide

The project’s deflationary mechanics, coupled with whale participation and early retail momentum, have made it one of the most talked-about altcoins of 2025.

For investors seeking speculative upside beyond Ethereum’s institutional growth, MAGACOIN FINANCE has emerged as a narrative-driven candidate with significant potential to capture attention during this next wave of capital rotation.

ETH Outlook & Altcoin Momentum

If ETF inflows continue to build, liquidity across exchanges remains tight, and technical setups confirm a breakout, Ethereum’s path to $6,000 is increasingly plausible. At the same time, the bullish momentum surrounding ETH is creating fertile ground for altcoins like MAGACOIN FINANCE to capitalize on secondary inflows, marking Q4 2025 as a defining period for both established leaders and breakout challengers.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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