1,490,000 Ethereum In 30 Days, Can ETH Whales Drive Price To $3,000?
The post 1,490,000 Ethereum In 30 Days, Can ETH Whales Drive Price To $3,000? appeared on BitcoinEthereumNews.com. Ethereum (ETH) has continued to fluctuate in the last 30 days, with a 0.97% decline in price within that time frame. Despite this volatility, Ethereum whales are undeterred and have maintained a steady accumulation drive in the cryptocurrency market. Ethereum Whales Accumulate 3.72% More as Retail Traders Sell According to an update from Santiment, an on-chain analytics platform on X, Ethereum whales have increased their collective holdings by 1.49 million ETH. This spike in volume accumulated over the 30-day period represents a 3.72% increase and moves their entire market ownership up a notch. As of this count, Ethereum whales hold 26.98% of the entire ecosystem’s supply and control over one-quarter of the total coin. This suggests a notable shift of Ethereum ownership from small traders to large investors. This is a bullish signal as large holders are usually considered long-term owners. The spike in the number of Ethereum (ETH) whales suggests confidence in ETH’s future outlook, as these whales are not quick to sell. Interestingly, during the 30-day period under consideration, while whales were accumulating, retail traders were engaging in selloffs to take profits. Image Source: Santiment on X The accumulation pattern could indicate an upcoming price rebound and a repositioning by these whales ahead of anticipated market moves. Institutional Inflows Support ETH Price Recovery In a similar move, institutional investors have also been on an accumulation spree in the Ethereum exchange-traded fund market. According to Farside Investors’ data, the Ethereum (ETH) ETF maintained a streak of inflows from May 27 to June 12, 2025. This streak was only broken on June 13 with an outflow of $2.1 million. Notably, prior to that, the Ethereum ETF market registered positive movements. In the outgoing week, the cumulative inflow stood at $528.2 million over the five days. This volume of inflow indicates…
The post 1,490,000 Ethereum In 30 Days, Can ETH Whales Drive Price To $3,000? appeared on BitcoinEthereumNews.com.
Ethereum (ETH) has continued to fluctuate in the last 30 days, with a 0.97% decline in price within that time frame. Despite this volatility, Ethereum whales are undeterred and have maintained a steady accumulation drive in the cryptocurrency market. Ethereum Whales Accumulate 3.72% More as Retail Traders Sell According to an update from Santiment, an on-chain analytics platform on X, Ethereum whales have increased their collective holdings by 1.49 million ETH. This spike in volume accumulated over the 30-day period represents a 3.72% increase and moves their entire market ownership up a notch. As of this count, Ethereum whales hold 26.98% of the entire ecosystem’s supply and control over one-quarter of the total coin. This suggests a notable shift of Ethereum ownership from small traders to large investors. This is a bullish signal as large holders are usually considered long-term owners. The spike in the number of Ethereum (ETH) whales suggests confidence in ETH’s future outlook, as these whales are not quick to sell. Interestingly, during the 30-day period under consideration, while whales were accumulating, retail traders were engaging in selloffs to take profits. Image Source: Santiment on X The accumulation pattern could indicate an upcoming price rebound and a repositioning by these whales ahead of anticipated market moves. Institutional Inflows Support ETH Price Recovery In a similar move, institutional investors have also been on an accumulation spree in the Ethereum exchange-traded fund market. According to Farside Investors’ data, the Ethereum (ETH) ETF maintained a streak of inflows from May 27 to June 12, 2025. This streak was only broken on June 13 with an outflow of $2.1 million. Notably, prior to that, the Ethereum ETF market registered positive movements. In the outgoing week, the cumulative inflow stood at $528.2 million over the five days. This volume of inflow indicates…
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