🚨 Ethereum Whales Go Berserk: $100B+ Mega-Transfers Signal Market Frenzy

Ethereum's deep-pocketed players are making moves that would make Wall Street blush. Whale activity just shattered records—and the implications could ripple across crypto markets.

The $100 Billion Question: Bullish or Bailout?

When nine-figure blockchain transfers become routine, you know something's brewing. These aren't your grandma's crypto transactions—we're talking institutional-scale money shuffles that could either signal massive confidence or prelude a 'smart money' exit strategy.

Gas Fees Be Damned

Whales are swallowing Ethereum's notoriously volatile fees like krill. That alone tells you these players aren't day traders—they're executing plays with 30-50% profit margins baked in. Meanwhile, retail investors still panic over $5 network fees.

One cynical take? This looks suspiciously like the 'smart money' maneuvers we saw before the 2022 crash—just with fancier blockchain analytics tools this time. Whether it's accumulation or distribution, one thing's clear: When whales move this much weight, the market eventually feels the waves.

Ethereum Large Transactions Volume Has Hit Highest Since 2021

In a new post on X, institutional DeFi solutions provider Sentora (formerly IntoTheBlock) has talked about the latest trend in the Large Transactions Volume of Ethereum.

The “Large Transactions Volume” here refers to an indicator that keeps track of the total amount of volume that’s being moved on the ETH network by transactions valued at more than $100,000.

Generally, only the whale-sized investors are capable of shifting amounts of this scale with a single transfer, so the volume associated with these moves can be assumed to be a representation of the activity being done by big-money investors.

When the value of the metric rises, it means the whales are increasing their transaction activity. Such a trend can be a sign that their interest in the asset is going up. On the other hand, the indicator going down implies the large holders may be losing interest in the cryptocurrency.

Now, here is a chart that shows the trend in the Ethereum Large Transactions Volume over the history of the coin:

As displayed in the above graph, the Ethereum Large Transactions Volume has observed some rapid growth recently, suggesting the whales have significantly upped their transaction activity.

Last week, the metric’s value totaled to more than $100 billion, which is the highest weekly level since the 2021 bull run. This latest wave of activity from the whales has come alongside ETH’s breakout that has now brought its price into the high $3,000 levels.

While this is certainly a sign of elevated interest from the humongous entities, it’s hard to say whether it’s a positive. The Large Transactions Volume contains no information about the split between buying and selling moves, so its spike says nothing about which behavior is more dominant, just that these holders are making some sort of moves.

In some other news, the US Ethereum spot exchange-traded funds (ETFs) have just seen a record-breaking week, as analytics firm Glassnode has pointed out in an X post.

From the chart, it’s visible that the Ethereum spot ETFs have been seeing green weeks for a while now, but the latest one stands out for the sheer scale of inflows witnessed during it.

“Last week, Ethereum spot ETFs saw inflows of over 588K ETH – nearly 17x the historical average and more than double the previous record,” notes Glassnode.

ETH Price

At the time of writing, Ethereum is trading around $3,730, up 2% over the last week.