Ethereum Whales Accumulate 681K ETH, Inactive Whale Buys $129M

Published: 2025-07-21 18:13:07 |

Since July 1, Ethereum whales and institutions have acquired over 681,100 ETH (≈$2.57 billion), reflecting rising institutional investment in ETH ahead of possible network upgrades and ETF approvals. On-chain analytics from LookOnChain reveal a previously dormant whale re-emerged to buy 34,033 ETH (≈$129 million) via FalconX, underlining strong conviction. These large ETH purchases have absorbed market liquidity and could impact price dynamics. Traders should monitor whale wallets and on-chain metrics using tools like LookOnChain and Whale Alert. Although whale buys often fuel bullish sentiment, volatility risks call for thorough research and risk management.

Bullish

Large-scale ETH acquisitions by multiple whales and institutions since July, including a $129 million buy by a formerly dormant whale, indicate strong institutional conviction and reduce market liquidity, which often drives short-term price increases. Ongoing accumulations ahead of network upgrades and potential ETF approvals further support long-term bullish sentiment. Traders can expect increased volatility but overall positive momentum for ETH.