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Ethereum Whales Accumulate $2.5B in ETH as Price Holds Above $2.4K

Category: CRYPTO NEWS

The post Ethereum Whales Accumulate $2.5B in ETH as Price Holds Above $2.4K appeared on BitcoinEthereumNews.com. TLDR: Whale wallets added $2.5B in Ethereum on June 15, marking the largest buy since 2018. ETH holds above the 200-week MA, suggesting strong long-term support and buyer interest. Institutional inflows and record staking levels hint at rising confidence in Ethereum’s future. ETH consolidates between $2,350–$2,900 with traders eyeing a breakout toward $3,000 Ethereum has shown resilience despite broader market uncertainty, as a wave of whale buying pushes sentiment higher. ETH price has remained above key support near $2,400 even after recent geopolitical tensions. Large-scale accumulation and rising network activity suggest growing investor confidence. Institutional interest and macroeconomic signals further point to possible price expansion. Analysts now monitor Ethereum’s consolidation as a potential springboard for a rally. Whale Activity Signals Renewed Confidence in ETH On June 15, Ethereum addresses holding between 1,000 and 10,000 ETH added $2.5 billion worth of tokens. According to Crypto Patel, this marked the largest single-day accumulation by whales since 2018. The buying spree occurred while ETH held steady above $2,400, defying downward pressure from global risk events. #Ethereum whales bought $2.5 Billion worth of $ETH on Sunday —this is the biggest daily inflow since 2018! Retweet if you're loading up! pic.twitter.com/DYzfUWK0YQ — Crypto Patel (@CryptoPatel) June 16, 2025 This aligns with past trends where heavy whale inflows preceded notable rallies. The behavior suggests deep-pocketed players are positioning for long-term gains. As a result, ETH appears to have established a solid base in the $2,350–$2,400 range. Technical analyst Nilesh Rohilla noted that ETH has remained volatile over the past five weeks, yet failed to close above $2,900. Despite that, the asset has continued to find support at the 200-week moving average. He added that the market is currently in a consolidation phase, with ETH moving inside a defined price box. Rohilla pointed out that a bullish…

2025-06-16T18:45:06+00:00

https://bitcoinethereumnews.com/ethereum/ethereum-whales-accumulate-2-5b-in-eth-as-price-holds-above-2-4k/?utm_source=rss&utm_medium=rss&utm_campaign=ethereum-whales-accumulate-2-5b-in-eth-as-price-holds-above-2-4k

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