Ethereum

  • Ethereum whales added nearly 1M ETH in one day, marking the largest single accumulation since 2018 amid volatile price action.

  • ETH leads with $250M in bridged flows and $500M stablecoin inflow, showing dominant demand across DeFi and cross-chain activity.

  • Ethereum’s sharp bounce from $2,200 to $2,500 reflects whale-driven momentum as inflows align with rising network liquidity.

Ethereum experienced its largest one-day whale accumulation since 2018 as nearly 1 million ETH were deposited on-chain. The move, by addresses with between 1,000 and 10,000 ETH, shows revived interest among major holders. This follows recent price volatility, adding to the strength of Ethereum's changing short-term market structure.

According to data visualized by Glassnode and shared in a post by Quinten, Ethereum whale wallets accumulated heavily in January and February 2025. Weekly inflows crossed 300,000 ETH during this period while ETH traded above $3,000. By mid-March, however, selling pressure returned, and whales flipped to sustained net outflows.

https://twitter.com/QuintenFrancois/status/1938261381582672171

These exits peaked in April, with a weekly decline of nearly 150,000 ETH. At the same time, Ethereum’s price fell below $2,200. As this selloff eased in early May, accumulation returned. Whale net positions climbed again, culminating in over 800,000 ETH of net inflows by mid-June. The timing aligned closely with Ethereum’s price rebound.

Cross-Chain Inflows Reinforce Ethereum’s Liquidity Standing

At the infrastructure level, Ethereum has reclaimed its leadership in bridged capital flows and stablecoin activity. In the latest 24-hour cycle, Ethereum saw over $250 million in positive net bridging flow. This placed it ahead of Avalanche C-Chain and Solana, as reported in Artemis' blockchain data dashboard.

Base and Arbitrum, in contrast, posted the largest bridged net outflows, both approaching $250 million in capital exit. These reversals indicate a decisive liquidity shift away from certain L2 ecosystems. While some smaller chains still recorded moderate gains, Ethereum remained the core settlement layer for capital reallocation.

Stablecoin metrics also acted in line. Ethereum supply increased by more than $500 million in one day, vastly bigger than both Tron and Avalanche. Arbitrum, TON, and Aptos experienced deep contractions, indicative of potential liquidity stress or capital outflows. The move is symptomatic of Ethereum's central role in capturing DeFi flow.

Price Rebound Gives Context to Whale Amassment

Price action in Ethereum from June 21 through June 27 verifies the information on accumulation. ETH dropped below $2,200 on June 22 but subsequently recovered strongly by June 24. The upsurge peaked around $2,500 and then settled between $2,430 and $2,490.

The intersection of whale inflows, stablecoin expansion, and price recovery paints a tightly woven picture. Ethereum's short-term direction now hinges on continued capital inflow and technical setup above $2,400.

The post Ethereum Whales Accumulate 1M ETH as Price Recovers from $2,200 Zone appears on Coin Futura. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.