Whales & Institutions Buy $4.17B Ethereum in 45% Price Rally
Whale and institutional accumulation of Ethereum (ETH) surpassed 1.035 million tokens, worth about $4.17 billion, as ETH soared 45% from $2,600 to $4,170. Arkham Intelligence data reveals large ETH transfers from Binance hot wallets to market maker Wintermute, scaling from 250–500 ETH to over 1,800 ETH per transaction. The rally pushed ETH up 6.6% in 24 hours and nearly 50% in 30 days, highlighting strong buying pressure. But analyst Michaël van de Poppe warns that buying at these highs may be risky and suggests shifting capital to promising projects within the Ethereum ecosystem.
Bullish
Large-scale Ethereum accumulation by whales and institutions during a steep price rally signals strong bullish momentum. In the short term, increased demand and buying pressure may drive ETH prices higher as capital flows into the market. Over the long term, growing institutional adoption and corporate reserves of Ethereum provide fundamental support for sustained value growth. Analyst warnings introduce caution, potentially moderating volatility, but do not outweigh the overall positive outlook on ETH.