Ethereum Whales Are Back: Major Wallet Growth Signals Big Money’s Return

Whale alert: Ethereum's deep-pocketed players are stacking ETH again.

After months of sideways action, blockchain sleuths spot a surge in high-balance wallets—the kind that move markets when they sneeze. These aren't your average crypto tourists buying meme coins with lunch money.

Why now? Smart money smells blood in the water. While retail traders panic-sell over Fed rumors, the OGs know ETH's merge upgrade turned it into a yield-generating machine. (Take that, traditional finance boomers still arguing about 'intrinsic value.')

The playbook's clear: Accumulate during fear, unload during greed. Only question is—will this cycle's exit pump come before or after the next 'Ethereum is obsolete' think piece?

Large Ethereum Investors Are Expanding

Ethereum’s price has displayed robust resilience, holding strong above crucial resistance levels such as $3,700. Its notable resilience is now being backed by a steady increase in large investors often regarded in the crypto sector as whales.

The rise in whale wallet addresses holding large amounts of ETH was reported by Santiment, a leading market intelligence and on-chain data platform, on X. This growth indicates a renewed wave of confidence from high-net-worth investors towards the altcoin leader.

With institutional and high-net-worth participants reentering the market, these cohorts might be anticipating a more widespread rebound or a tactical shift in ETH’s long-term worth. It might indicate a turning point in the course of ETH’s current upward action.

Santiment revealed in the research that Ethereum whales are growing while Bitcoin whales are decreasing. This analysis of the behavior and interests of large investors, conducted by the on-chain firm, spans a period of two weeks.

Data from the platform shows that the number of big wallet addresses holding at least 10,000 ETH has increased by an additional 90 wallets in the last 2 weeks. The additional wallet addresses reflect an over 8% growth within the time frame.

Ali Martinez, a market expert and trader, offering more insight on ETH’s whale action, has highlighted a massive accumulation among these cohorts. His investigation is centered around wallet addresses holding between 10,000  and 100,000 ETH.

According to the expert, some of the biggest whales have purchased more than 220,000 ETH on the network in the last 2 days. At current price levels, this massive ETH accumulation is valued at around $840 million.

This quiet accumulation reflects that major investors are becoming more confident in Ethereum’s prospects and the ongoing upward trend. Since the growing accumulation of ETH coincides with rising prices, this action may imply that major investors are positioning themselves ahead of a possible market breakout.

Trump’s World Liberty Buying ETH Again

A recent report from Lookonchain reveals that World Liberty Financial (WLFI), a crypto venture linked to United States President Donald Trump, has resumed its ETH purchase. The crypto venture bought about 256 ETH, valued at $1.01 million at the time of purchase.

With this latest purchase, WLFI has further fortified its ETH exposure. Presently, World Liberty Financial has acquired a total of 77,226 ETH, worth approximately $296 million at an average price of $3,294. Furthermore, the venture is sitting on an unrealized profit of $41 million.