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Ethereum Whales Feast While Retail Flees—ETH Ocean Just Got Hungrier

  • Big Ethereum wallets are accumulating more Ether while small investors are cashing out as prices remain stagnant.
  • Wallets holding between 1,000 and 100,000 ETH added nearly 1.5 million ETH over the last 30 days, now controlling over 41 million ETH.
  • Ethereum's price has seen a modest increase of 5% in the last 14 days and 5.4% over the past month, trading around $2,625.
  • Whales are showing interest in specific services like Ethereum Name Service and layer 2 networks with notable increases in activity.
  • Institutional interest in Ethereum remains strong with US spot Ether products experiencing inflows before a minor pullback.
  • Big wallets continue to accumulate while institutions invest in Ether through ETFs, indicating a positive sentiment toward Ethereum.
  • Despite the current sideways trading, the accumulation of coins by big holders could lead to upward price movements when demand increases.

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