Ethereum Whales Signal Confidence with $364 Million Accumulation Amid Market Lull

In a striking display of confidence, three major ethereum whales, including an entity linked to Consensys, have collectively acquired $364 million worth of ETH within just 24 hours. This aggressive accumulation comes despite a muted market response, suggesting a bullish long-term outlook from these influential players. Leading the charge was Abraxas Capital, which withdrew $36.4 million from Binance, continuing a two-month pattern of steady accumulation. Additionally, a newly created wallet absorbed $7.96 million from the same exchange. The most significant transaction involved addresses affiliated with Consensys, further highlighting institutional interest in Ethereum's potential. As of June 2025, this whale activity underscores growing institutional and high-net-worth investor confidence in ETH's fundamentals, even during periods of market stagnation. The scale and persistence of these acquisitions may foreshadow upcoming price movements or reflect anticipation of Ethereum's ongoing ecosystem developments.

Ethereum Whales Accumulate $364 Million in ETH Amidst Muted Market Response

Three prominent Ethereum whales, including an entity linked to Consensys, have collectively acquired $364 million worth of ETH within 24 hours. Abraxas Capital led the charge with a $36.4 million withdrawal from Binance, continuing a two-month accumulation pattern. A separate new wallet absorbed $7.96 million from the same exchange.

The most significant transaction involved Consensys-affiliated addresses sourcing $320 million in ETH through Galaxy Digital, subsequently staking $120 million via Liquid Collective. Such concentrated buying typically signals strong conviction, yet ETH's price action remains range-bound, suggesting broader market participation is needed for sustained upward momentum.

On-chain data reveals a paradox: while these whale movements demonstrate institutional interest, large transaction volumes across the network show a declining trend. The divergence between isolated mega-transactions and overall whale activity leaves ETH in a consolidation phase, awaiting catalysts to convert accumulation into appreciable price appreciation.

Ethereum Foundation Sets Treasury Strategy to Back DeFi, Cut Spending Over Time

The Ethereum Foundation has unveiled a new treasury strategy aimed at reducing operating costs while supporting decentralized finance (DeFi) initiatives. The policy framework includes strict triggers for ETH sales and enforces privacy standards aligned with the "Defipunk" ethos.

This move signals a disciplined approach to financial management as the foundation seeks to streamline expenditures without compromising its commitment to DeFi innovation. The strategy reflects broader trends of fiscal conservatism among major crypto organizations amid fluctuating market conditions.

Ethereum Foundation Overhauls Treasury Strategy Ahead of Pivotal 18-Month Period

The Ethereum Foundation has unveiled a restructured treasury policy, tying operational expenditures directly to its ETH holdings. This MOVE aims to enhance fiscal transparency while preparing for what executives call a "critical" phase in Ethereum's development.

Foundation co-director Hsiao-Wei Wang emphasized the urgency, noting a 2.5-year financial runway. "2025-26 will likely prove decisive for Ethereum's trajectory," Wang stated, signaling intensified resource allocation toward Core network development.

The new framework mandates quarterly reassessments of operating costs—calculated as a percentage of total reserves—with adjustments based on market conditions and community feedback. This comes as Ethereum continues to dominate decentralized finance protocols, commanding over 58% of total value locked across all chains.

Ethereum Stages DeFi Comeback as Bots Drive Record Stablecoin Volume

Ethereum's mainnet is reclaiming its dominance in decentralized finance as automated trading activity and stablecoin growth reverse years of outflows to competing blockchains. The network processed $480 billion in stablecoin volume during May 2025 - a record high fueled by 4.84 million bot-driven transactions.

CEX.io analysts attribute the resurgence to improved network economics, with lower Q1 transaction fees creating favorable conditions for liquidity providers. The mainnet's stablecoin market capitalization grew 11% year-to-date, clawing back share from Ethereum's own layer-2 solutions while causing only minimal contraction in the L2 ecosystem.

Market makers once criticized for exploitative trading strategies are now being recognized for enhancing DEX liquidity. Their activity has propelled stablecoin swaps to become Ethereum's top decentralized exchange category - a position historically dominated by volatile crypto assets.

Ethereum Faces Resistance at $2.6K as Bullish Momentum Wanes

Ether's price remains constrained below the critical 200-day moving average at $2,600, signaling persistent selling pressure. The failure to breach this level suggests a distribution phase may be underway, with technical indicators pointing to a potential near-term pullback.

A bearish divergence between price and RSI on the daily chart reinforces the likelihood of a correction toward $2,200 support. The 4-hour chart shows ETH trapped in a rising wedge pattern—a classic bearish reversal formation—after testing resistance NEAR $2,600 again without success.

Market participants appear hesitant to commit to long positions until the 200-day MA resistance is decisively broken. A clean breakout above this level could trigger a short squeeze, propelling prices higher as liquidity above current levels gets tapped.

Consensys’ $300 Million Bet Fuels Ethereum Accumulation Amid Price Breakout Attempt

Ethereum is witnessing a surge in institutional confidence as Consensys leads a $300 million accumulation from Galaxy Digital, marking one of the largest single purchases in recent months. The move coincides with a broader shift in investor sentiment, with over 300,000 ETH ($778 million) bought since June after sustained selling in May.

On-chain data reveals a critical demand zone between $2,378 and $2,454 where 65.11 million ETH ($169 billion) sits—a concentration likely to act as a strong support level. Glassnode's exchange net position change metric shows declining ETH reserves on platforms, suggesting holders are moving toward accumulation strategies.

Arkham's tracking of the Consensys transaction highlights growing conviction among institutional players. Such high-profile bets often precede retail FOMO cycles, particularly when coupled with Ethereum's improving technical structure and the looming ETF decision catalyst.