The post Are Ethereum Whales Betting On a Major Rally For ETH Price? appeared on BitcoinEthereumNews.com.

On-chain data shows that deep-pocketed investors, often referred to as whales and sharks, are aggressively buying Ethereum. They continue to accumulate even as the asset trades sideways just below the $4,000 mark. On October 24, a blockchain analytics platform reported that wallets controlling between 100 and 10,000 ETH had increased their holdings by more than 218,000 ETH. At current market prices, the purchases are worth over $870 million. Whales Add $870 Million in ETH According to the firm, the timing of these purchases is notable considering this cohort had unloaded around 1.36 million ETH between October 5 and 16. Sponsored Sponsored 🐳🦈 Ethereum whales and sharks holding between 100 to 10,000 $ETH are finally showing some signs of confidence. After -1.36M was dumped by this group between October 5th and 16th, they have added back close to 1/6th of it since. Positive sign for crypto’s #2 market cap. pic.twitter.com/tg1BWu60Lq — Santiment (@santimentfeed) October 24, 2025 Notably, this period coincided with one of the most volatile stretches in the crypto industry as more than $20 billion in leveraged positions were wiped from the market. The downturn followed President Donald Trump’s announcement of a 100% tariff on Chinese goods. The move rattled global risk assets and triggered a brief flight from digital currencies. However, their recent spate of purchases suggests that confidence is gradually returning among Ethereum’s largest stakeholders. They have now reclaimed nearly one-sixth of what they previously sold. Considering this renewed wave of faith, ETH’s price has largely stabilized this week. It climbed about 2%, peaking near $4,100 before settling around $3,912 at press time. Industry experts now interpret this stability as an early signal that whales are accumulating strategically rather than speculating on short-term swings. That shift in behavior has also fueled optimism among traders. On Polymarket, several bettors…

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Filed under: News - @ October 25, 2025 8:28 pm