Fast execution, robust charts, clean risk controls.
👉 Open account →
COINOTAG recommends • Exchange signup
🚀 Smooth orders, clear control
Advanced order types and market depth in one view.
👉 Create account →
COINOTAG recommends • Exchange signup
📈 Clarity in volatile markets
Plan entries & exits, manage positions with discipline.
👉 Sign up →
COINOTAG recommends • Exchange signup
⚡ Speed, depth, reliability
Execute confidently when timing matters.
👉 Open account →
COINOTAG recommends • Exchange signup
🧭 A focused workflow for traders
Alerts, watchlists, and a repeatable process.
👉 Get started →
COINOTAG recommends • Exchange signup
✅ Data‑driven decisions
Focus on process—not noise.
👉 Sign up →
Ethereum whale accumulation is driving supply concentration: wallets holding 1,000–100,000 ETH added 5.54M ETH since April, a 14% rise that pushed collective balances to 45.2M ETH and has supported a move toward $4,500 while on-chain metrics show elevated but not extreme profit levels.
Whales added 5.54M ETH since April, raising balances to 45.2M ETH (14% increase)
Price action: opened $4,452.76 on Sept 4, closed $4,366.44 — a 1.96% daily decline amid continued accumulation.
The MVRV Z-Score sits at 27.87, indicating substantial unrealized profits but below prior extremes.
Ethereum whale accumulation lifts supply concentration and supports the run toward $4,500; read the on-chain metrics, MVRV analysis, and short-term outlook. Learn more.
What is Ethereum whale accumulation and how does it affect price?
Ethereum whale accumulation refers to large wallets (1,000–100,000 ETH) increasing holdings. These wallets added 5.54 million ETH since April 3, 2025, raising collective balances by 14% to 45.2M ETH, which reduces circulating supply and has supported price appreciation toward $4,500.
COINOTAG recommends • Professional traders group
💎 Join a professional trading community
Work with senior traders, research‑backed setups, and risk‑first frameworks.
👉 Join the group →
COINOTAG recommends • Professional traders group
📊 Transparent performance, real process
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing.
👉 Get access →
COINOTAG recommends • Professional traders group
🧭 Research → Plan → Execute
Daily levels, watchlists, and post‑trade reviews to build consistency.
👉 Join now →
COINOTAG recommends • Professional traders group
🛡️ Risk comes first
Sizing methods, invalidation rules, and R‑multiples baked into every plan.
👉 Start today →
COINOTAG recommends • Professional traders group
🧠 Learn the “why” behind each trade
Live breakdowns, playbooks, and framework‑first education.
👉 Join the group →
COINOTAG recommends • Professional traders group
🚀 Insider • APEX • INNER CIRCLE
Choose the depth you need—tools, coaching, and member rooms.
👉 Explore tiers →
How much ETH have whales accumulated since April 2025?
Whales accumulated 5.54M ETH from April through early September 2025. This accumulation lifted their combined holdings to 45.2M ETH, a clear 14% increase that coincided with higher lows and extended rallies during the April–July breakout phases.
Ethereum nears $4,500 as whales holding 1K–100K ETH boost balances by 14%, aligning accumulation with price uptrend.
COINOTAG recommends • Exchange signup
📈 Clear interface, precise orders
Sharp entries & exits with actionable alerts.
👉 Create free account →
COINOTAG recommends • Exchange signup
🧠 Smarter tools. Better decisions.
Depth analytics and risk features in one view.
👉 Sign up →
COINOTAG recommends • Exchange signup
🎯 Take control of entries & exits
Set alerts, define stops, execute consistently.
👉 Open account →
COINOTAG recommends • Exchange signup
🛠️ From idea to execution
Turn setups into plans with practical order types.
👉 Join now →
COINOTAG recommends • Exchange signup
📋 Trade your plan
Watchlists and routing that support focus.
👉 Get started →
COINOTAG recommends • Exchange signup
📊 Precision without the noise
Data‑first workflows for active traders.
👉 Sign up →
Ethereum whales accumulated 5.54M ETH since April, raising collective holdings to 45.2M, a 14% increase.
Price opened at $4,452.76 on Sept 4 but closed at $4,366.44, a 1.96% daily decline.
The MVRV Z-Score at 27.87 shows notable unrealized profits, below the peak of 56.36 linked to overheated markets.
Ethereum has returned to levels close to $4,500, with large holders steadily increasing balances over the past five months. Wallets containing between 1,000 and 100,000 ETH accumulated 5.54 million coins since April 3, 2025, tightening the available supply on exchanges.
COINOTAG recommends • Traders club
⚡ Futures with discipline
Defined R:R, pre‑set invalidation, execution checklists.
👉 Join the club →
COINOTAG recommends • Traders club
🎯 Spot strategies that compound
Momentum & accumulation frameworks managed with clear risk.
👉 Get access →
COINOTAG recommends • Traders club
🏛️ APEX tier for serious traders
Deep dives, analyst Q&A, and accountability sprints.
👉 Explore APEX →
COINOTAG recommends • Traders club
📈 Real‑time market structure
Key levels, liquidity zones, and actionable context.
👉 Join now →
COINOTAG recommends • Traders club
🔔 Smart alerts, not noise
Context‑rich notifications tied to plans and risk—never hype.
👉 Get access →
COINOTAG recommends • Traders club
🤝 Peer review & coaching
Hands‑on feedback that sharpens execution and risk control.
👉 Join the club →
This growth is a 14% rise in holdings, strengthening collective balances to 45.2 million ETH. Consistent buying by these so-called whales has increased supply concentration and aligned accumulation with the asset’s recent uptrend.
Why does whale accumulation matter for short-term price movement?
Whale accumulation matters because it removes ETH from circulation and from exchange inventories, reducing immediate selling pressure. The pattern of increasing large-wallet balances coincided with higher lows, extended rallies, and stronger conviction during breakout months.
Whale Accumulation and Market Impact
These investors added coins during periods of steady price appreciation, supporting Ethereum’s upward momentum. Data shows each accumulation phase coincided with higher lows and extended rallies, keeping the market on a clear uptrend.
Ethereum holders chart, Source: Santiment
As of September 3, Ethereum opened at $4,373, peaked at $4,484, dipped to $4,345, and closed at $4,464. The dotted trendline tracking whale balances and price movements indicates a firm upward slope despite some consolidation after August highs.
COINOTAG recommends • Exchange signup
📈 Clear control for futures
Sizing, stops, and scenario planning tools.
👉 Open futures account →
COINOTAG recommends • Exchange signup
🧩 Structure your futures trades
Define entries & exits with advanced orders.
👉 Sign up →
COINOTAG recommends • Exchange signup
🛡️ Control volatility
Automate alerts and manage positions with discipline.
👉 Get started →
COINOTAG recommends • Exchange signup
⚙️ Execution you can rely on
Fast routing and meaningful depth insights.
👉 Create account →
COINOTAG recommends • Exchange signup
📒 Plan. Execute. Review.
Frameworks for consistent decision‑making.
👉 Join now →
COINOTAG recommends • Exchange signup
🧩 Choose clarity over complexity
Actionable, pro‑grade tools—no fluff.
👉 Open account →
How did price move in the short term and what is the supply outlook?
On September 4, Ethereum opened at $4,452, reached $4,484, fell to $4,365, and closed at $4,366 — a 1.96% daily decline. Prices remain above mid-year breakout levels formed during the April–May breakout from sub-$2,000 ranges.
Earlier in 2025, Ethereum traded below $2,000 before breaking out in April and May, forming an ascending channel that lifted it toward $4,500. Reduced circulating supply due to accumulation has been a structural factor supporting this trend.
COINOTAG recommends • Members‑only research
📌 Curated setups, clearly explained
Entry, invalidation, targets, and R:R defined before execution.
👉 Get access →
COINOTAG recommends • Members‑only research
🧠 Data‑led decision making
Technical + flow + context synthesized into actionable plans.
👉 Join now →
COINOTAG recommends • Members‑only research
🧱 Consistency over hype
Repeatable rules, realistic expectations, and a calmer mindset.
👉 Get access →
COINOTAG recommends • Members‑only research
🕒 Patience is an edge
Wait for confirmation and manage risk with checklists.
👉 Join now →
COINOTAG recommends • Members‑only research
💼 Professional mentorship
Guidance from seasoned traders and structured feedback loops.
👉 Get access →
COINOTAG recommends • Members‑only research
🧮 Track • Review • Improve
Documented PnL tracking and post‑mortems to accelerate learning.
👉 Join now →
What do on-chain metrics say and why should investors be cautious?
On-chain metrics demonstrate sustained inflows. The Accumulation/Distribution line stands at 48.15M, reflecting consistent buying despite consolidation. Volume was strongest from April through July, with lighter sessions more recently.
ETH/USD 1-day price chart, Source: TradingView
The MVRV Z-Score is 27.87, which signals notable unrealized profits but remains well below prior extremes such as 56.36 that have aligned with overheated conditions. This implies the market is elevated but not yet at historically extreme profit levels.
COINOTAG recommends • Exchange signup
🎯 Focus on process over noise
Plan trades, size positions, execute consistently.
👉 Sign up →
COINOTAG recommends • Exchange signup
🛠️ Simplify execution
Keep decisions clear with practical controls.
👉 Get started →
COINOTAG recommends • Exchange signup
📊 Make data your edge
Use depth and alerts to avoid guesswork.
👉 Open account →
COINOTAG recommends • Exchange signup
🧭 Be prepared, not reactive
Turn setups into rules before you trade.
👉 Create account →
COINOTAG recommends • Exchange signup
✍️ Plan first, then act
Entries, exits, and reviews that fit your routine.
👉 Join now →
COINOTAG recommends • Exchange signup
🧩 Consistency beats intensity
Small, repeatable steps win the long run.
👉 Sign up →
Frequently Asked Questions
Are whales driving Ethereum to $4,500?
Whale accumulation contributes to supply tightening and has supported price momentum toward $4,500, but price action also depends on broader market liquidity, macro conditions, and retail participation.
What does an MVRV Z-Score of 27.87 indicate?
An MVRV Z-Score of 27.87 indicates substantial unrealized profits among holders. It is elevated but below historical peaks that signaled market overheatings, suggesting caution without immediate overextension.
COINOTAG recommends • Premium trading community
🏛️ WAGMI CAPITAL — Premium Trading Community
Strategic insights, exclusive opportunities, professional support.
👉 Join WAGMI CAPITAL →
COINOTAG recommends • Premium trading community
💬 Inner Circle access
See members share real‑time PnL and execution notes in chat.
👉 Apply for Inner Circle →
COINOTAG recommends • Premium trading community
🧩 Turn theses into trades
Reusable templates for entries, risk, and review—end to end.
👉 Join the club →
COINOTAG recommends • Premium trading community
💡 Long‑term mindset
Patience and discipline over noise; a process that compounds.
👉 Get started →
COINOTAG recommends • Premium trading community
📚 Education + execution
Courses, playbooks, and live market walkthroughs—learn by doing.
👉 Get access →
COINOTAG recommends • Premium trading community
🔒 Members‑only research drops
Curated analyses and private briefings—quality over quantity.
👉 Join WAGMI CAPITAL →
How can investors track whale accumulation?
Investors can monitor large-wallet balance changes, Accumulation/Distribution lines, and exchange reserves. Consistent increases in large-holder balances and falling exchange supply typically indicate stronger accumulation pressure.
Key Takeaways
Whale accumulation: 5.54M ETH added since April raised large-holder balances to 45.2M ETH (14% increase).
Price context: Ethereum approached $4,500 but had a 1.96% daily decline on Sept 4; momentum remains intact.
On-chain signals: Accumulation/Distribution at 48.15M and MVRV Z-Score of 27.87 show elevated profits but not overheated extremes.
Conclusion
Ethereum whale accumulation has materially tightened supply and supported the rally toward $4,500, backed by Accumulation/Distribution and a moderate MVRV reading. Market participants should monitor large-wallet flows and exchange reserves for signs of continued accumulation or distribution. For ongoing coverage, consult COINOTAG updates and on-chain metrics reports.