<ul data-eligibleForWebStory="true"><li>Ethereum whales have been ramping up their accumulation, signaling potential bullish movement for the asset's price.</li><li>Data from Glassnode shows significant accumulation by Ethereum whales in the past week.</li><li>Whales refer to investors holding between 1,000 and 10,000 Ethereum tokens.</li><li>The total Ethereum supply held by whales has seen a notable increase recently.</li><li>Whale accumulation surpassed 800K ETH daily, with holdings in 1k–10k wallets reaching >14.3M ETH.</li><li>A spike occurred on June 12th with ETH whales adding over 871,000 ETH, the highest daily inflow this year.</li><li>This level of accumulation has not been observed since 2017, indicating strong investor confidence in Ethereum's future.</li><li>Demand for US ETH spot ETFs has been high, with a significant weekly net inflow recorded.</li><li>Ethereum aimed for $2,700 but is currently trading around $2,470 after a bearish turn.</li></ul>

Ethereum Whale Frenzy: Big-Money Buying Hits Scale Unseen Since 2017

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