ETH Whales Buy $2.7B as Stablecoins to Reach $4T by 2030
Ethereum whales have accumulated more than 700,000 ETH (approx. $2.7 billion) in the past two days, pushing the market into a long-term buying zone. Meanwhile, a September report, “Stablecoins 2030 – Web3 to Wall Street,” upgrades its bull-case forecast for stablecoin issuance to $4 trillion by 2030, citing rapid growth from $200 billion to $280 billion this year. The bullish outlook has spotlighted several presale coins with explosive potential, including Bitcoin Hyper (HYPER), Maxi Doge (MAXI), PepeNode (PEPENODE), Wall Street Pepe (WEPE), and Best Wallet Token (BEST). Snorter Token (SNORT) also emerges as a key contender, offering low-fee trading bots. Analysts suggest that intensified stablecoin demand and whale activity could boost market liquidity and altcoin performance over the short and long term.
Bullish
The aggregation of 700K ETH by institutional whales signals strong confidence in Ethereum’s long-term trajectory, historically preceding upward price movements. Simultaneously, the upgraded forecast of $4 trillion in stablecoin issuance by 2030 indicates sustained market liquidity and capital inflows into the crypto ecosystem. Whale accumulation often triggers follow-on retail buying, boosting short-term price momentum for ETH and related altcoins. In the long run, robust stablecoin growth underpins DeFi expansion, enabling higher transaction volumes and fueling further altcoin cycles. Additionally, heightened presale interest in tokens like MAXI and SNORT reflects traders’ optimism, which may drive volatility and upward rallies. Together, these factors point to a bullish market outlook.