Whale wallets loaded up $3.79B in ETH while smaller holders quietly locked in profits.
ETF inflows ran hot for 19 days, fueling confidence before cooling with a $2.1M outflow.

Ethereum has crossed $2,500, driven by accumulation from large holders. Over the past month, wallets holding between 1,000 and 100,000 ETH added 1.49 million ETH—about $3.79 billion. That’s a 3.72% increase in their total holdings, according to Santiment on June 13.

These wallets now hold 41.61 million ETH, or nearly 27% of the circulating supply. This activity coincides with smaller holders taking profits, which has reduced selling pressure and made more liquidity available for larger players.

Over the past month alone, these key whale and shark wallets have rapidly added more coins as retail traders have taken profit, Santiment noted.

There are currently 6,392 wallets holding between 1K and 100K Ethereum. Over the past month alone, these key whale and shark wallets have rapidly added more coins as retail traders have taken profit.

During these past 30 days, a net of +1.49M more $ETH has been accumulated by… pic.twitter.com/1hPBTuAOrL

— Santiment (@santimentfeed) June 13, 2025

Ethereum is currently trading around $2,628, up 4.15% in the last 24 hours. The 30-minute RSI is at 75.20, which suggests the market may be overheated in the short term. The MACD shows widening signal lines, pointing to continued upward momentum.

Whale Activity Surges—Ethereum Projects See Over 300% Jump

Whale and shark wallets have been active not only with Ether itself but also across related projects. Ethereum Name Service recorded the sharpest weekly spike in whale transfers during the second week of July, climbing 313.5%. Ethereum-based lending platforms also experienced a surge, with a 203.8% rise in activity.

USDC usage picked up on Layer 2 platforms such as Arbitrum and Optimism. Virtual Protocol, another Layer 2 network built on Ethereum, also logged triple-digit growth in activity during the same stretch.

Meanwhile, Ether spot ETFs in the U.S. had seen 19 straight days of net inflows, bringing in $1.37 billion before the streak ended on Friday, June 13. That day closed with a $2.1 million outflow, breaking the longest consecutive daily inflow run since the ETFs launched in July 2024, according to Farside data.

Most of that capital flowed into the iShares Ethereum Trust ETF from BlackRock. While the inflow streak has now ended, the size of earlier commitments reflects broader institutional involvement with Ether.

Ethereum Nears Key Levels — Analysts Eye $4,000 Target

Market analysts continue to track ETH closely as it attempts to breach higher resistance levels. Analyst CW mentioned Ether is beginning to push past the sell wall and expects a return to previous price levels if this momentum continues. 

Jelle stated, “$ETH is still consolidating below the key resistance area,” referring to the $2,800–$3,100 range. She further added,

The window of opportunity is closing; expect fireworks in the altcoin market once it breaks.

Source: X

Another analyst, crypto Tony, said a successful reclaim of the $2,750 level would set the stage for a move towards $4,000. This matches sentiment from traders who believe the current buildup in activity and investor interest could bring about stronger price movements if resistance is cleared in the near term.

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Filed under: Bitcoin - @ June 16, 2025 7:15 pm