$ETH A whale or institution has further stacked its Ethereum holdings, adding 46,459 $ETH—valued at $171.24 million—bringing their total to 147,590 $ETH, worth $544 million, across five wallets sourced from FalconX, Galaxy Digital, and BitGo

With $ETH trading around $3,686, this aggressive accumulation signals strong confidence, likely tied to Ethereum’s upcoming Fusaka upgrade in November 2025, which promises scalability boosts and a gas limit increase to 150 million.

What’s your take—is this whale betting big on an $ETH price surge, or just securing a massive position for long-term DeFi plays?