Ethereum dominance has surged from 7% to 10.20%, mirroring its 2019 reversal and reclaiming key support with momentum.
Whale wallets added 13.85 million ETH in six weeks, marking the strongest buying wave of the year while the price stays flat.
Ethereum is trading below its accumulation curve as major holders quietly reload ahead of expected upside movement.
Ethereum dominance has reached its highest point since March 2020, now holding above the critical 10.20 percent level. This move followed a clean retest of major support and has reactivated bullish momentum across Ethereum’s market share structure.
Multi-Year Structure Rebuilds from Historical Bottom
Ethereum dominance fell from over 20 percent in 2022 to just above 7 percent in early 2025.. That low landed directly on the same green demand zone that held in 2019, triggering a sharp V-shaped reversal. This is structure-driven action backed by clear market demand.
The climb from 8.1 percent to 10.20 percent unfolded across just two candles, flipping key resistance into fresh support. Ethereum now trades above 9.05 percent, which has held as a floor for three straight weeks. Holding this zone keeps the multi-month trend intact and confirms a bullish setup in motion.
Source: (X)
There’s a notable visual echo between the 2019 and 2025 rebounds. Orange circles show where the same demand area caught the downside, while blue zones mark reclaim triggers. Ethereum’s behavior reflects how institutional rotation and altcoin flows re-enter the ecosystem.
What makes this move more than symbolic is the upside target, a potential breakout zone between 16 percent and 20 percent. That red-marked macro ceiling is where dominance previously stalled, and reclaiming it could redefine the next market cycle pivot. Ethereum is once again a lead mover in this rotation.
Whales Reload Ethereum Ahead of Altseason Indicators
Ethereum’s price may still range between 2,900 and 3,400 dollars, but whale wallets are telling a different story. Wallets holding 1,000 to 10,000 ETH have added more than 13.85 million tokens, the most aggressive buying streak in over six months. Net position change has flipped hard to positive, confirming deep-pocket conviction.
Source: Aria Nakamoto
This creates a bullish divergence. Supply is surging while price action stays quiet, a dynamic that often signals delayed upside. Ethereum supply in these addresses has now risen for six straight weeks, a run that hasn’t been seen since early 2023.
Accumulation kicked off in late May and went vertical after June 7, when inflows surged above 800,000 ETH in just nine days. These moves aren’t noise; they reflect large-scale planning and positioning. The current whale behavior mirrors setups from past altseason beginnings.
Ethereum now trades below its whale accumulation curve. Historically, that’s been a late-stage signal before price catches up. Dominance is rising, supply is consolidating, and major wallets continue to reload without hesitation. Ethereum is building strength silently, preparing for a visible reaction.
