Ethereum News Today: As Ethereum Falls, Whales Buy 23,501 ETH-Betting on Long-Term Resilience

A major Ethereum (ETH) whale has intensified its accumulation of the asset, buying 23,501 ETH in recent days—adding to its existing holdings after previously borrowing 66,000 ETH to short. This activity coincides with a broader market correction, as Ethereum fell nearly 12% in November 2025, reaching a 4-month low of $3,000 before a modest rebound, according to Ethereum Whales Buy $1.37 Billion in ETH Amid 12% November Price Drop. The whale's actions, identified by on-chain analytics firm Lookonchain, suggest a strategic bet on Ethereum's long-term potential amid volatile market conditions, as noted in the same source.

The price decline has prompted significant institutional and retail investor activity. Ethereum whales collectively purchased 394,682 ETH—worth $1.37 billion—over three days, according to BeInCrypto data, as reported in Ethereum Whales Buy $1.37 Billion in ETH Amid 12% November Price Drop. An "Aave whale" led the buying spree, acquiring 257,543 ETH ($896 million), while Bitmine Immersion Technologies, Ethereum's largest corporate holder, added 40,719 ETH ($139.6 million). This follows Bitmine's $250 million ETH purchase in late October, as previously reported in the same article. The buying surge aligns with declining exchange reserves, which hit their lowest level since 2016, indicating investors are shifting holdings to long-term storage, as noted in Ethereum Whales Buy $1.37 Billion in ETH Amid 12% November Price Drop.

Meanwhile, spot Ethereum ETFs reported their first November 2025 inflows after a six-day outflow streak totaling $2.9 billion. BlackRock's iShares Ethereum Trust (ETHA) led the recovery, attracting $8 million in inflows, while Fidelity's FETH added $4.95 million, as detailed in Bitcoin and Ethereum ETFs See First November Inflows After $2.9 Billion Outflow Streak. Despite the inflows, Ethereum's price remains 33% below its August 2025 peak of $4,946 and trades at $3,284, extending weekly losses, as reported in the same source. Analysts are closely monitoring Bitcoin's 50-week Exponential Moving Average (EMA-50) as a critical technical level for potential price direction, as noted in Bitcoin and Ethereum ETFs See First November Inflows After $2.9 Billion Outflow Streak.

Institutional Ethereum staking operations also gained momentum. Bit Digital Inc., a major Ethereum treasury platform, reported acquiring 31,057.3 ETH in October 2025, bringing its total holdings to ~153,546.9 ETH, as detailed in Bit Digital Inc. Reports Monthly Ethereum Treasury and Staking Metrics for October 2025. The company staked 32,544 ETH during the month, achieving an annualized yield of 2.93%, as reported in the same article. Bit Digital's staked ETH now accounts for 86.3% of its total holdings, valued at $590.5 million as of October 31, as also reported in Bit Digital Inc. Reports Monthly Ethereum Treasury and Staking Metrics for October 2025.

Macro factors, including the Federal Reserve's cautious approach to rate cuts, are also influencing crypto markets. Fed Vice Chair Philip Jefferson emphasized the need for a "slow approach" to easing policy as the benchmark rate nears a neutral level, as stated in Fed Vice Chair Jefferson: Slow approach to cuts makes sense as policy rate approaches neutral. With inflation still above the 2% target and a government shutdown delaying key economic data, policymakers are adopting a "meeting-by-meeting" strategy, as noted in the same article. This uncertainty has weighed on risk assets, including cryptocurrencies, which face additional pressure from broader market weakness, as reported in Bitcoin and Ethereum ETFs See First November Inflows After $2.9 Billion Outflow Streak.

The whale's aggressive accumulation and institutional staking activity highlight Ethereum's appeal as a long-term store of value despite near-term volatility. However, the market remains cautious, with predictors on Myriad assigning only a 26% probability that Bitcoin will reach a new all-time high this year, as reported in Cathie Wood's Ark Invest Buys BitMine Ethereum Treasury Shares After Cutting Bitcoin Price Target. As investors await clarity on macroeconomic conditions and Ethereum's post-merge performance, strategic buying by whales and institutional players could signal a potential turning point in the asset's trajectory.