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Ethereum Whales Quietly Accumulate as Retail Takes Profit — What It Could Signal Next

  • Wallets holding between 1,000 and 100,000 ETH have added 1.49 million ETH over the past month, increasing their share to nearly 27% of Ethereum's circulating supply.
  • 6,392 large wallets, known as whales and sharks, are accumulating ETH, contrasting retail investors who have been selling during price volatility.
  • Historically, periods where large wallets accumulate while retail investors sell have signaled significant market reversals or upward price momentum.
  • The divergence in behavior indicates growing confidence among seasoned players, despite cautious general sentiment in the market.
  • Accumulation by major investors could suggest an expectation for Ethereum's strength to increase, supported by improving fundamentals and evolving ETF narratives.
  • Previous cycles have shown that such accumulation by whales can be an early sign of broader market recoveries.

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