Analyst: Multiple on-chain ETH data reached historical highs in June, which may indicate an upcoming bullish trend for ETH

ChainCatcher news, analyst Carmelo Alemán cited CryptoQuant data indicating that Ethereum (ETH) on-chain data shows a strong accumulation trend in June 2025. Although the price did not meet expectations, several key indicators reached all-time highs.

The cumulative address holdings reached 22.7465M ETH, an increase of 35.97% from the beginning of the month, with a monthly purchase volume reaching an all-time high of 6.0184M ETH. At the same time, the Liquid Staking scale surpassed 35.56M ETH, setting a new record with a monthly growth of 2.83%.

Analysts state that this indicates institutional investors are entering the market on a large scale, building momentum for future price increases.