Ethereum Whales Accumulate Over 800,000 ETH Daily for Nearly a Week

Ethereum whales accumulate over 800,000 ETH daily for nearly a week

This acts as a sure sign that the price of ETH is expected to pump significantly.

Institutional accumulation has also allowed for ETH price pump expectations.

The altcoin sector has been waiting for a significantly long period for the altseason phase to begin this bull cycle. So far, analysts were certain that altseason peak phase would not arrive unless the price of Ethereum would pump and set new ATHs. Perhaps this time is now as Etehreum whales accumulate over 800,000 ETH for nearly an entire week. This data supports the possibility of a monumental price pump for ETH soon

Ethereum Whales Accumulate Over 800,000 ETH

The pioneer altcoin, Ethereum, has often followed Bitcoin’s pump in every bull cycle. Thus, analysts are puzzled over why the price of ETH has yet to set a new ATH this bull cycle when Bitcoin has already set a string of new ATHs so far. To highlight, several analysts have identified multiple patterns that separate this ongoing bull cycle from previous bull cycles, and of of them marks how ETHs run has been delayed

In detail, analysts believe the 4-year bull cycle blueprint defining previous bull cycles is no longer in play. Another difference in the pattern this cycle is that Bitcoin went on to set a new ATH before the Bitcoin Halving event occurred, which they believe to be the cause of the prolonged correction period Bitcoin entered in Q1 of 2025, when analysts were hoping to see the altseason peak phase instead

Traditionally, every bull cycle’s altseason peak phase occurred in Q1 following a Bitcoin Halving year. This year, Bitcoin went into a prolonged correction phase instead, which finally brought about the bottom for ETH. While the correction was unexpected, analysts believe that it was much needed and instead led to a much healthier market where the price of ETH would finally start to pump and altcoins could finally hope to hit new ATHs

ETH Whales Horde 800,000 ETH in Under a Week

Now, with the price of ETH finally working its way towards previous ATH prices, analysts who believe altseason will only arrive when ETH starts to pump and set a new ATH are finally beginning to hope for the arrival of altseason. Presently, the price of ETH sits at $2,500 with a total market cap of $302,315,843,093.68 and a 24-hour trading volume of $22,870,241,368.47. While the asset is down over 1%, analysts expect a major breakout for the pioneer altcoin asset.

As we can see from the post above, one of the biggest reasons for analysts to expect a major price pump ahead for ETH is because of the action of ETH whales. In under a week, ETH whales have accumulated over 800,000 ETH. This, paired with the fact that institutions are also heavily stockpiling ETH and that ETH ETFs have seen steady inflows for over two weeks, all signs point to a significant pump for the price of ETH

The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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