Ether Whales Accumulate 3.72% More as Price Holds Above $2,500

Ether (ETH) has shown resilience, trading within a narrow range of $2,499 to $2,580 on June 14, stabilizing near $2,519 after a late-day rebound. Despite a notable volume spike, ETH managed to hold key support near $2,500, according to technical analysis.

Over the past 30 days, whale and shark wallets, which hold between 1,000 and 100,000 ETH, have added a net total of 1.49 million coins. This accumulation has increased their combined holdings by 3.72%, now controlling 26.98% of the total ether supply. This trend highlights a growing long-term conviction among ether's key stakeholders, even as retail sentiment appears to be wavering following recent price declines.

Meanwhile, U.S.-listed spot Ethereum ETFs experienced $2.2 million in net outflows on Friday, ending a 19-day inflow streak. This reversal marks the first sign of slowing institutional demand via these ETFs since late May. However, ether's broader structure remains intact, holding above a historically significant support zone near $2,500. The persistent accumulation by whale and shark wallets may provide an important floor for price, particularly if macro conditions stabilize and regulatory clarity improves.

Technical analysis indicates that ETH traded between $2,499.39 and $2,580.53 over the past 24 hours. The token briefly dipped below $2,500 before bouncing to close near $2,518.76. Late-session volume surged, particularly around 17:30–18:00 GMT, coinciding with the rebound. Support appears to be forming around $2,500, a key psychological and technical level. Despite modest losses, ETH maintained a narrow range of $81.14 (3.14%), showing relative stability.