<ul data-eligibleForWebStory="false"><li>Ethereum mega whales have increased their holdings by 9.31%, a stronger buildup than before the 2022 rally.</li><li>ETH is consolidating inside a bull pennant, with a breakout potentially targeting $3,400 by August.</li><li>Ethereum wallets holding at least 10,000 Ether (ETH) are ramping up accumulation faster than before the 95% rally in mid-2022.</li><li>Ether whales have reclaimed the most supply since 2020, with a total ETH held by 'mega whales' recovering to over 41.06 million ETH.</li></ul>

Ethereum ‘mega whales’ are stacking harder than pre-95% rally in 2022

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