Ethereum Whales Accumulate $3.79B As ETH Breaks $2.5K Resistance
The post Ethereum Whales Accumulate $3.79B As ETH Breaks $2.5K Resistance appeared on BitcoinEthereumNews.com. Whale wallets loaded up $3.79B in ETH while smaller holders quietly locked in profits. ETF inflows ran hot for 19 days, fueling confidence before cooling with a $2.1M outflow. Ethereum has crossed $2,500, driven by accumulation from large holders. Over the past month, wallets holding between 1,000 and 100,000 ETH added 1.49 million ETH—about $3.79 billion. That’s a 3.72% increase in their total holdings, according to Santiment on June 13. These wallets now hold 41.61 million ETH, or nearly 27% of the circulating supply. This activity coincides with smaller holders taking profits, which has reduced selling pressure and made more liquidity available for larger players. Over the past month alone, these key whale and shark wallets have rapidly added more coins as retail traders have taken profit, Santiment noted.
The post Ethereum Whales Accumulate $3.79B As ETH Breaks $2.5K Resistance appeared on BitcoinEthereumNews.com.
Whale wallets loaded up $3.79B in ETH while smaller holders quietly locked in profits. ETF inflows ran hot for 19 days, fueling confidence before cooling with a $2.1M outflow. Ethereum has crossed $2,500, driven by accumulation from large holders. Over the past month, wallets holding between 1,000 and 100,000 ETH added 1.49 million ETH—about $3.79 billion. That’s a 3.72% increase in their total holdings, according to Santiment on June 13. These wallets now hold 41.61 million ETH, or nearly 27% of the circulating supply. This activity coincides with smaller holders taking profits, which has reduced selling pressure and made more liquidity available for larger players. Over the past month alone, these key whale and shark wallets have rapidly added more coins as retail traders have taken profit, Santiment noted.
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