Ethereum Price Creates New Weekly CME Gap, Here’s the Implication

Key Insights:

  • Ethereum price formed a new weekly CME Gap between $4,092 and $4,261 after July’s rally.
  • Market reports cited $10 billion in corporate ETH purchases.
  • Analysts say the gap could guide short-term trading if prices retrace from current highs.

Ethereum (ETH) price has formed a new Weekly CME Gap between $4,092 and $4,261, according to market tracking data.

Notably, the gap first appeared in early August following a strong July rally.

This is drawing interest from traders and analysts who are watching its potential impact on price movements.

Ethereum Price CME Gap Marks New Level to Watch

The Weekly CME Gap was first noted by a crypto market analyst, Rekt Capital, in a posting on the social media platform X.

His charts showed the gap marked in green between $4,092 and $4,261 on CME futures data.

In past market behavior, CME gaps have often been revisited, which means the price could return to that range before moving higher or lower.

Ethereum CME Gap Outlook | Source: Rekt Capital
Ethereum CME Gap Outlook | Source: Rekt Capital

It is worth mentioning that the gap came shortly after the Ethereum price rose to $4,300 in late July.

Notably, this made it possible for Ethereum to gain 21%, pushing its market value above $520 billion.

In addition, this placed it ahead of large companies such as Mastercard, Netflix, and Exxon Mobil.

Also, analysts linked the rise to a mix of exchange-traded fund inflows, recent pro-crypto laws, and renewed interest from large buyers.

Market participants said the new gap could be an important reference for short-term decisions.

Some viewed it as a possible target area if the market slowed, while others saw it as a sign of strong momentum.

Large Purchases and Key Transfer Effect on Ethereum Price

The corporate buyups of Ethereum have not gone unnoticed by analysts.

Market commentator Rekt Fencer claimed that companies bought $10 billion worth of Ethereum in the past three months.

In addition, he noted that the United States President purchased $500 million worth of ETH, complementing the adoption trend.

ETH Price Forecast | Source: Rekt Fencer
ETH Price Forecast | Source: Rekt Fencer

It also mentioned billions in ETF inflows and expectations for an Ethereum Staking ETF. The analyst also said the Ethereum price could move toward $15,000, drawing on the current ecosystem trend.

Around the same time, co-founder Jeffrey Wilcke sent 9,840 ETH, worth about $9.22 million, to Kraken.

Still, this followed a larger transfer three months earlier, when Wilcke sent 105,737 ETH to newly created wallets.

Data showed he still held 95,897 ETH, worth roughly $401.6 million. The timing of the transfer drew attention as Ethereum had just moved past $4,000.

The price increase brought higher trading activity and steady demand, which helped the coin hold above recent highs.

Analysts Outline Possible ETH Price Scenarios

In a separate post on X, Analyst Michaël van de Poppe noted that Ethereum price was near a new all-time high but had stalled above a key resistance level.

He said a correction in Bitcoin could bring Ethereum down to $3,700 or $3,800, which he considered a first area for possible buying.

Another commentator, Pierre Rochard, discussed the approach of publicly traded ETH treasury companies.

Per the update, he said they often list their shares on traditional exchanges instead of creating tokenized shares on Ethereum.

ETH Corporate Buyups Impact | Source: Pierre Rochard
ETH Corporate Buyups Impact | Source: Pierre Rochard

This, he suggested, added to debates about the value Ethereum provides for asset tokenization.

It is important to mention that Ethereum’s recent rally stood out in the wider crypto market.

Gains were supported by large reported purchases, active ETF flows, and political support for digital assets.

The appearance of the new Weekly CME Gap added another factor for traders to follow in the weeks ahead.

While some traders believe gaps are often closed, others caution that this does not always happen.

The gap at $4,092 to $4,261 now sits below the current price, which could make it a focus if the market retraces.

Likewise, with policy changes, institutional activity, and high trading volumes all in play. Ethereum’s next move will depend on whether buyers keep pushing or the price drops.

For now, traders are watching charts and news as it stays close to its yearly high.

Source: https://www.thecoinrepublic.com/2025/08/11/ethereum-price-creates-new-weekly-cme-gap-heres-the-implication/