Crypto-lawyer and former republican senatorial candidate for Massachusetts, John Deaton, publicly praised the potential for price growth in Ethereum (ETH), based on Altcoin for large-scale short-term gains. The XRP enthusiast provides that ETH is reaching a price assessment of $ 10,000 in the current market cycle, citing solid institutional entries and a strategic accumulation by Ethereum cash companies as key optimistic catalysts.
Ethereum to roll on the accumulation of the treasure and the entries of FNB – Deaton
In particular, Deaton’s vote of confidence in Ethereum came in response to a post X of the ETF analyst, Nate Geraci, who underlined a notable tendency of capital rotation between the funds negotiated in Bitcoin and Bitcoin and Etffs. According to Geraci, Spot ETH ETF recorded $ 340 million on Friday, contributing to $ 2.8 billion in net entries in August. On the other hand, the ETF Bitcoin saw $ 1.2 billion in outings during the same period. Since the beginning of July, the FNB Spot ETH have attracted $ 8.2 billion in entries, compared to $ 4.8 billion for Bitcoin ETF.
Deaton explains that these flows highlight the case of Ethereum strengthening investment, echoing the comments of Tom Lee, director of investments at Fundstrat and president of Bitmine ($ BMNR), a cash company in ETH. Lee previously supported ETH’s potential for traditional adoption, citing the potential for stablecoins to create a “chatppt moment” as we see with a generative AI, in particular following developments in recent policies such as Gentis Act.
ETH ETH spot with 340 million dollars entries yesterday…
Until now in August:
ETH ETH spot = $ 2.8 billion in entries
BTC ETFS spot = $ 1.2 billion * outings *
Since the beginning of July:
ETH ETH spot = $ 8.2 billion in entries
BTC ETF spot = $ 4.8 billion in entries
Recent signon notable.
– Nate Geraci (@nategeraci) August 23, 2025
Meanwhile, John Deaton also noted the broader trend of Ethereum treasury companies actively accumulating ETH. This includes companies led by industry figures, including Lee (Bitmine), Joseph Lubin (Sharplink) and Andrew Keys (Ether Machine). Deaton suggested that the coordinated accumulation of Ethereum’s reserves by these companies reflects a strategic bet on the central role of the ETH in the evolution of digital assets. While recognizing Lee’s potential bias in his commentary “Stablecoin”, being an accumulation of stakeholders, Deaton stressed that models of institutional and business accumulation are difficult to ignore.
The crypto lawyer said:
I do not know if ETH can reach $ 20,000 or more this cycle, as some people suggest, but with continuous entries, indicated below, associated with @Ethereumjoseph, @Ak_ethermachineTom Lee, and others, accumulating ETH for ETH cash companies, $ 10,000 seems to be quite predictable in the future of the ETH.
Presentation of ETH prices
At the time of the press, Ethereum is negotiated at $ 4,775 after a gain of 1.91% during the last day. However, Altcoin maintains green performance over greater deadlines, reflecting gains of 7.28% and 23.98% on its weekly and monthly graphics, respectively. With a market capitalization of $ 576 billion, the ETH continues to rank as the second largest cryptocurrency and the 22nd largest asset in the world.
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