Ethereum Sharks’ Accumulation as Whales Move to Futures May Signal Price Recovery Toward $4,390
The post Ethereum Sharks’ Accumulation as Whales Move to Futures May Signal Price Recovery Toward $4,390 appeared on BitcoinEthereumNews.com. Ethereum shark accumulation is a surge in buying by 10k–100k ETH addresses as whales rotate into futures; this mid-size demand, coupled with negative exchange netflow, could support a rebound to ~$4,390, but failure to hold $4,000 risks a drop toward $3,886. Ethereum shark accumulation: mid-size 10k–100k ETH addresses buy aggressively while whales move to futures — read key levels and implications. What is Ethereum shark accumulation? Ethereum shark accumulation describes increased buying by mid-sized on-chain addresses holding 10k–100k ETH, which has concentrated supply among fewer holders. This trend shows up as sustained negative exchange netflow and large single-wallet purchases, while whales pivot to derivative markets. How are sharks displacing whales on Ethereum? On-chain data and market analysis indicate a shift: the count and relative activity of classic whale cohorts have decreased, while shark wallets have executed sizeable buys. Joao Wedson, founder of Alphractal, reported a notable fall in whale numbers as sharks stepped in. Plain-text source mentions: Alphractal, Nansen, CryptoQuant, Defillama. Addresses holding 10k–100k ETH have accumulated aggressively, increasing the Gini Coefficient for ETH — a sign of rising wealth concentration on the network. Nansen-tracked activity shows examples such as a shark wallet labeled ‘medium uniswap’ buying 21.59k ETH (~$87.43M) on September 25. ‘, ‘
The post Ethereum Sharks’ Accumulation as Whales Move to Futures May Signal Price Recovery Toward $4,390 appeared on BitcoinEthereumNews.com.
Ethereum shark accumulation is a surge in buying by 10k–100k ETH addresses as whales rotate into futures; this mid-size demand, coupled with negative exchange netflow, could support a rebound to ~$4,390, but failure to hold $4,000 risks a drop toward $3,886. Ethereum shark accumulation: mid-size 10k–100k ETH addresses buy aggressively while whales move to futures — read key levels and implications. What is Ethereum shark accumulation? Ethereum shark accumulation describes increased buying by mid-sized on-chain addresses holding 10k–100k ETH, which has concentrated supply among fewer holders. This trend shows up as sustained negative exchange netflow and large single-wallet purchases, while whales pivot to derivative markets. How are sharks displacing whales on Ethereum? On-chain data and market analysis indicate a shift: the count and relative activity of classic whale cohorts have decreased, while shark wallets have executed sizeable buys. Joao Wedson, founder of Alphractal, reported a notable fall in whale numbers as sharks stepped in. Plain-text source mentions: Alphractal, Nansen, CryptoQuant, Defillama. Addresses holding 10k–100k ETH have accumulated aggressively, increasing the Gini Coefficient for ETH — a sign of rising wealth concentration on the network. Nansen-tracked activity shows examples such as a shark wallet labeled ‘medium uniswap’ buying 21.59k ETH (~$87.43M) on September 25. ‘, ‘
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