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Ethereum Whales Stir As Large Transactions Surge And Spot ETF Sees Strong Inflows

  • Ethereum whales are becoming more active, with the daily number of large transactions exceeding 10,000—a level not seen since August.
  • One notable whale, who acquired 24,957 ETH in early 2017, has recently re-entered the market after three years by transferring 6,250 ETH to Kraken.
  • Two other whales deposited 11,286 ETH, totaling $36 million, into Binance, indicating a growing wave of activity among major Ethereum holders.
  • The Ethereum spot ETF recorded a net inflow of $147 million on November 13, with the Fidelity Ethereum ETF leading with a single-day net inflow of $102 million.

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