Ethereum Sees Extreme Whale Buying Despite Price Dip, Is It Time To Go All In On ETH?
Ethereum is seeing unprecedented whale accumulation as institutions are also stacking ETH on their balance sheets.
On-chain data platform Glassnode reveals that this scale of buying hasn’t been seen since 2017. Over the past week, daily net inflows into ETH wallets containing 1k – 10k ETH have consistently exceeded 800,000 ETH.
On June 12 alone, whales added a staggering 871,000 ETH, the highest single-day accumulation year-to-date. Total holdings in these whale wallets have now crossed 14.3 million ETH, underscoring a broader shift toward aggressive long-term positioning.
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.
Ethereum Sees Extreme Whale Buying Despite Price Dip, Is It Time To Go All In On ETH?
Ethereum is seeing unprecedented whale accumulation as institutions are also stacking ETH on their balance sheets.
On-chain data platform Glassnode reveals that this scale of buying hasn’t been seen since 2017. Over the past week, daily net inflows into ETH wallets containing 1k – 10k ETH have consistently exceeded 800,000 ETH.
On June 12 alone, whales added a staggering 871,000 ETH, the highest single-day accumulation year-to-date. Total holdings in these whale wallets have now crossed 14.3 million ETH, underscoring a broader shift toward aggressive long-term positioning.