Ethereum (ETH) is experiencing an interesting dynamic, according to on-chain analytics firm Santiment. While ETH's price continues its upward trajectory, a sentiment divide is emerging. Retail investors appear to be selling off their holdings, creating an opportunity for larger players, specifically ETH whales. Santiment's analysis reveals that these whales are actively absorbing the volume being shed by retail investors. This accumulation suggests a bullish outlook among these large holders, despite the prevalent negative sentiment observed on social media platforms. The disparity between price action and social sentiment highlights the complexities of the current Ethereum market. Several factors could be contributing to the retail sell-off, including fear of missing out (FOMO) followed by quick profit-taking, macroeconomic uncertainties, or concerns about regulatory headwinds. Meanwhile, whales, with their long-term investment horizons and access to more information, may see the dip as a buying opportunity, strengthening their ETH positions. ```