Ether whales have accumulated roughly 14% more ETH since April, signaling substantial buying pressure. Santiment data shows wallets holding 1,000–100,000 ETH increased balances after the $1,472 yearly low, driven by ETF inflows and large ETH treasuries that now hold nearly 3% of supply.
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Whales added 14% more ETH since April
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ETH price up ~197% from April low; ETF flows and treasuries cited as catalysts
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ETH treasuries hold $15.83B (~2.97% of supply); top treasuries: BitMine $8.22B, Sharplink $3.69B
Ether whales accumulating ETH since April low—Santiment reports 14% growth in large-wallet holdings; read ETF, treasury and price data and expert outlook.
What is driving Ether whale accumulation since April?
Ether whales have increased holdings notably since ETH hit the April low, driven primarily by rising ETF inflows and expanding corporate treasuries. Santiment data identifies wallets holding 1,000–100,000 ETH as the main accumulators, adding roughly 14% to their balances amid a broad market rebound.
How much ETH have large wallets added and who provided the data?
Santiment reports that whale-class wallets (1,000–100,000 ETH) added 14.0% more coins over five months after the yearly low of $1,472 on April 9. Blockchain analytics and market-data platforms including CoinMarketCap and StrategicETHReserve provide supporting price and treasury figures cited in this analysis.
Ether whales have been loading up on ETH since it hit a yearly low of $1,472 in April, increasing their holdings by 14%, according to Santiment.
Ether whales have been ramping up their ETH buying since the token dipped to yearly lows in April, according to crypto sentiment platform Santiment.
“In exactly 5 months, they have added 14.0% more coins,” Santiment said in an X post on Wednesday, referring to whale holders with 1,000 to 100,000 ETH, valued between $4.41 million and $440.81 million.
Market price context: Ether (ETH) is trading at $4,376 and is up approximately 197.30% from the April 9 yearly low of $1,472, per CoinMarketCap price series.
Ether is up 19.57% over the past 30 days. Source: CoinMarketCap
Large-wallet activity is monitored by market participants as a sentiment indicator. Heavy accumulation by whales can imply bullish expectations, while coordinated sell-offs may presage price weakness.
Why did some whales miss the rally?
Not every large holder timed accumulation perfectly. Several wallets sold at lower prices and later repurchased when the rally accelerated, effectively chasing gains.
For example, on May 22 a wallet purchased 1,425 ETH for $3.8 million after previously selling 2,522 ETH for $3.9 million in April when ETH traded near $1,570.
Ether whales have accumulated 5.54 million Ether tokens since April 3. Source: Santiment
Market observers attribute most of Ether’s surge to two core factors: growing ETF inflows into Ethereum-linked products and the emergence of institutional ETH treasuries.
StrategicETHReserve data shows BitMine Immersion Technologies (BitMine) now holds $8.22 billion in ETH, while Sharplink Gaming holds $3.69 billion. Together, ETH treasuries hold roughly $15.83 billion, or about 2.97% of circulating supply.
How are ETF flows and treasuries impacting ETH price?
August inflows were notable: Ethereum ETF funds recorded approximately $3.87 billion in inflows, compared with Bitcoin ETFs’ $751 million in outflows during the same period. These flows can create sustained demand for ETH and support higher prices.
What are the price outlooks and market rotation signals?
Price milestones: ETH reclaimed its 2021 all-time high of $4,878 and reached $4,934 on Aug. 24 as momentum built. Some analysts are bullish: Sean Farrell, Head of Digital Asset Research at Fundstrat, projected a potential $12,000–$15,000 range by year-end.
Rotation signals: ETH/BTC ratio has declined 2.27% over the past seven days, showing relative strength shifting back to Bitcoin. Arkham reported institutional flows that sold $135M worth of ETH while purchasing $332M of BTC, suggesting cyclical rotation may continue.
Frequently Asked Questions
How do whales influence Ether price?
Whale accumulation increases available demand and can tighten supply on exchanges, pushing prices higher. Conversely, concentrated selling by whales can amplify downside moves through large offloads.
Did institutions actually sell ETH for BTC recently?
Blockchain intelligence firm Arkham reported that some institutional flows recently sold $135M in ETH and bought $332M in BTC, indicating intermittent rotation back into Bitcoin.
Key Takeaways
- Whales added 14%: Santiment shows large wallets increased ETH holdings since the April low.
- Treasuries & ETFs matter: ETH treasuries (~$15.83B) and $3.87B ETF inflows in August were major demand drivers.
- Watch rotation: ETH/BTC weakness and institutional BTC buying suggest potential rotation despite strong ETH momentum.
Conclusion
Ether whale accumulation since April—validated by Santiment data—highlights growing institutional and large-holder demand for ETH. Treasury buildups and ETF inflows have materially supported the rally, though market rotation signals warrant monitoring. Read ongoing on-chain metrics and flow reports for actionable insights. Published by COINOTAG on 2025-09-04; updated 2025-09-04.
