Ethereum Whale Accumulation Mirrors 2017 Trend, Suggesting Potential ETH Price Movement
The post Ethereum Whale Accumulation Mirrors 2017 Trend, Suggesting Potential ETH Price Movement appeared on BitcoinEthereumNews.com.
Ethereum whales are accumulating ETH at rates not seen since 2017, signaling potential market shifts and renewed investor confidence in the leading smart contract platform. Large wallets holding between 1,000 and 10,000 ETH have added over 871,000 ETH in a single day, marking the highest whale inflow this year and a significant uptick in accumulation activity. According to Glassnode, these whales now control 27% of Ethereum’s circulating supply, a level of concentration that historically precedes major price movements. Ethereum whales ramp up buying, controlling 27% of supply; accumulation mirrors 2017 trends, hinting at possible ETH price momentum ahead amid ecosystem upgrades. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Ethereum Whale Accumulation Surges, Echoing 2017 Market Dynamics In June 2025, Ethereum witnessed an unprecedented surge in whale activity, with wallets holding substantial ETH balances increasing their holdings dramatically. This accumulation, the largest since the 2017 bull run, indicates a strategic repositioning by major investors. Over the past week, daily inflows from these whales have consistently exceeded 800,000 ETH, pushing their total holdings beyond 14.3 million ETH. This concentration now represents approximately 27% of Ethereum’s total supply, underscoring the growing influence of large holders on market dynamics. Market Implications of Whale Buying Amidst Price Consolidation Despite this significant accumulation, Ethereum’s price has remained relatively stable, hovering around the $2,548 mark and encountering resistance near $2,700. Technical analysis reveals a sideways…
Filed under: News - @ June 17, 2025 7:23 pm