๐จ $ETH
Ethereum is flashing mixed signals that look surprisingly bullish. Whales holding 100K+ $ETH are exiting, yet the price keeps climbing โ and the reason lies in whoโs buying.
๐น Whales Out, Sharks In
The number of whale addresses has dropped from 200+ in 2020 to just 70 today, the lowest in nearly a decade. But in their place, โshark walletsโ (10Kโ100K ETH) are rapidly expanding โ up from 900 to 1,000+ in August alone. These are not casual traders, but serious capital allocators stacking ETH.
๐น Institutions Quietly Accumulating
Over 10.2M ETH ($39.5B) is now held by corporations and ETFs. Since July, funds have been steadily absorbing supply off exchanges, creating what analysts call a โblack hole effect.โ This shift suggests ETH is moving into long-term hands at scale.
๐น Market Shift Underway
Retail investors are stepping back. Sharks and institutions are stepping in. Ethereum is evolving from a retail-led asset to an institutional-grade investment. The big question: Can ETH become โdigital goldโ while still driving DeFi, NFTs, and innovation?
โก Final Take
The rules of the ETH market are changing. Whales may be leaving, but sharks and institutions are powering up the next bullish cycle. If this trend holds, the next ETH run might not be retail FOMO โ it could be big money accumulation leading the charge.
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