Whales Gobble Up $2B in Ethereum (ETH) Amid ETF Frenzy & Short Squeeze – 2025 Crypto Boom
- Why Are Whales Betting Big on Ethereum in 2025?
- The Whale Watch: Tracking 2025's Biggest Moves
- ETF Demand Fuels the Fire
- The Short Squeeze Factor
- What This Means for Crypto Markets
- Ethereum Whale Activity FAQs
Why Are Whales Betting Big on Ethereum in 2025?
The past 48 hours have seen staggering ETH accumulation, with nine newly created wallets amassing 628,600 ETH (worth $2B+) according to Arkham Intelligence. Notable buys include:
- 43K ETH ($153M) split between two anonymous addresses
- SharpLink Gaming adding 30,755 ETH ($106M) to treasury
- The Ether Reserve LLC snapping up 10,600 ETH at $3,781/coin
As noted by BTCC market analysts, "This isn't just speculation – institutional players are positioning for the long haul."
The Whale Watch: Tracking 2025's Biggest Moves
Whale activity has surged since June 2025:
| Date | ETH Purchased | USD Value | Notable Detail |
|---|---|---|---|
| June 4 | 108,278 ETH | $284M | OTC institutional buy |
| July 21 | 34,033 ETH | $128.68M | Single whale accumulation |
| July 25 | 60,646 ETH | $226M | Largest single purchase |
Ash Crypto tweeted on August 4: "A WHALE BOUGHT 24,294 $ETH WORTH $86.22 MILLION TODAY. WHALES ARE BUYING ethereum LIKE NEVER SEEN BEFORE IN HISTORY!!!"
ETF Demand Fuels the Fire
U.S. Ethereum ETFs have seen explosive growth:
- $727M single-day inflows in mid-July (Glassnode)
- $9.49B cumulative netflow by August 1 (SosoValue)
- Total ETF assets now exceed $20B
The BTCC exchange reported record ETH derivatives trading volume during this period, suggesting retail traders are following whales' lead.
The Short Squeeze Factor
The Kobeissi Letter highlights an impending short squeeze:
- ETH market cap grew $150M+ since July 1
- $1B in short positions could liquidate if ETH rises 10%
- Potential price target above $4,000
"This is like watching a pressure cooker about to blow," quipped one trader on crypto Twitter.
What This Means for Crypto Markets
The whale activity suggests:
- Strong institutional belief in ETH's long-term value
- Anticipation of further ETF approvals globally
- Potential volatility as shorts scramble to cover
As always, this article does not constitute investment advice. But one thing's clear – when whales MOVE this aggressively, the entire crypto ecosystem feels the waves.
Ethereum Whale Activity FAQs
How much ETH have whales bought recently?
According to Arkham data, nine new wallets accumulated over 628,600 ETH worth more than $2 billion between late July and early August 2025.
Why are whales buying so much Ethereum?
The buying appears driven by two main factors: anticipation of continued ETF demand growth and what analysts describe as one of crypto's largest potential short squeeze setups.
What's the significance of the short squeeze?
With over $1 billion in ETH short positions at risk if prices rise just 10%, a squeeze could create explosive upward price movement as traders rush to cover positions.
