#TrumpBTCTreasury Whales accumulate 1.5 million Ethereum in 30 days

A report from Santiment highlights that while large investors increase their holdings, retail investors are taking profits. The price of ether (ETH) remains above 2,500 dollars.

Whale movements could impact the price of ETH.

Over the past 30 days, whales have accumulated 1.5 million ether (ETH), the native currency of Ethereum, equivalent to 3.78 billion dollars at today's price, June 15.

Data shows that whales (investors holding more than 1,000 ETH) increased their holdings by 3.72% and now control 26.98% of the total ether supply. Analysts from Santiment, a firm specializing in on-chain data analysis, emphasize that whale behavior suggests institutional investors have adopted a long-term accumulation strategy for Ethereum's native cryptocurrency. Meanwhile, analysts from the firm indicated that small investors have been shedding their ETH to take profits.

Amid these movements, the price of ETH at the time of publishing this note is 2,520 dollars.