$ETH



Ethereum Whales Continue to Accumulate

Large Ethereum holders continue to accumulate, with two newly created wallets withdrawing 20,000 ETH (worth approximately $37.7 million) from Coinbase Prime today.

Over the past three days, seven newly created wallets have withdrawn a combined 89,396 ETH, valued at roughly $164.9 million, from the exchange.

Large exchange withdrawals are often viewed as a sign of accumulation, as investors typically move assets into private wallets for long-term holding rather than leaving them on trading platforms. While these transfers do not guarantee future price gains, they can indicate growing confidence among large holders and reduce the amount of ETH immediately available for sale.

If this accumulation trend continues alongside strong network activity and sustained demand, it could provide additional support for Ethereum's longer-term bullish outlook.

#GateDEXIntegratesWithRobinhoodChain
ETH0.87%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
Add a comment
Add a comment
OldKeys,NewWorld
· 18h ago
Is $200k just the beginning? If more addresses are transferred out of exchanges afterward, it means big funds are truly laying out their plan.
View OriginalReply0
BearReserve
· 19h ago
Every time a whale accumulates, it’s retail traders’ panic; by the time they react, the car has already left.
View OriginalReply0
BridgeGuardian
· 19h ago
A whale is accumulating. The withdrawal volume in this round is indeed sizable. In the short term, reduced supply should definitely provide support for the price.
View OriginalReply0
IchimokuWalker
· 19h ago
Don’t just look at withdrawals—you also need to look at on-chain activity. If gas fees can’t rise, everything is for nothing.
View OriginalReply0
WhiteHatCat
· 20h ago
Every time I see news about large withdrawals like this, I think of the script from before the last bull market—history won’t simply repeat, but it rhymes.
View OriginalReply0
  • Pinned