Ethereum Whales Quietly Accumulate as Retail Takes Profit — What It Could Signal Next
According to new data from Santiment, Ethereum’s largest stakeholders are significantly increasing their holdings, even as retail traders take a step back.
Over the past 30 days, wallets holding between 1,000 and 100,000 ETH — often referred to as whales and sharks — have added 1.49 million ETH to their portfolios. This marks a 3.72% increase in holdings, pushing their total share to nearly 27% of Ethereum’s entire circulating supply.
There are currently 6,392 such wallets, and this accumulation trend stands in contrast to recent market behavior.
According to the report while retail investors have been locking in profits amid Ethereum’s volatile price action, whales appear to be taking the opportunity to accumulate during the dip.
This divergence in behavior could be meaningful. Historically, periods where large wallets accumulate while retail sells have often preceded significant market reversals or upward price momentum. The move suggests growing confidence among seasoned players, even as general sentiment remains cautious.
If these accumulation patterns continue, it may indicate that major investors expect Ethereum to regain strength, especially with improving fundamentals and ETF narratives continuing to evolve. In past cycles, such accumulation has often been an early signal of broader market recoveries.
Kosta Gushterov
Reporter at Coindoo
Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
