Ethereum News Today: Ethereum Mega Whale Buys $300M ETH Amid 10% Price Drop and ETF Inflows

A major Ethereum whale has acquired $300 million worth of ETH in a three-day buying spree amid recent market volatility, signaling confidence in the asset’s long-term potential [1]. The transactions, tracked by blockchain analytics tools, suggest that a single entity executed the purchase through over-the-counter (OTC) channels at Galaxy Digital, now holding roughly 79,461 ETH [2]. Despite Ethereum experiencing a 10% drop in value over the same period, the whale’s aggressive accumulation points to a belief in Ethereum’s fundamentals, potentially anticipating future upgrades or increased institutional adoption [7].

This move is part of a larger trend where large ETH holders—often labeled as “mega whales”—have been steadily increasing their stakes over the past several weeks. On-chain data reveals a surge in accumulation activity in July and early August 2025, with institutional-grade investors seizing dips to build long-term exposure [4]. The whale’s strategy aligns with broader market sentiment, as Ethereum ETFs have seen a $5.4 billion inflow streak over 20 consecutive days, reinforcing the asset’s growing appeal to institutional capital [9]. Corporate treasuries now hold over $10 billion in ETH, further supporting its emergence as a legitimate portfolio asset [10].

The whale’s purchase also reflects a broader market dynamic in which large investors act as stabilizing forces during price corrections. While retail traders may react with panic to short-term losses, big players often use dips as opportunities to add to their positions [6]. This whale, for instance, is currently facing an estimated $26 million in unrealized losses, yet continues to hold the position, suggesting a long-term investment horizon [3]. The purchase, however, remains a high-risk bet as the market continues to experience choppy conditions.

The buying activity has sparked discussions about Ethereum’s resilience amid market turbulence. Analysts argue that such large-scale accumulation from influential market participants can help mitigate short-term volatility and reinforce confidence in the broader ecosystem [11]. Whether this serves as a turning point for Ethereum or is merely a temporary market reaction remains to be seen, but the whale’s actions underscore the ongoing belief in Ethereum’s foundational role in the crypto landscape.

Source:

[1] Cointelegraph - [https://cointelegraph.com/news/eth-holders-scoop-up-ether-as-mega-whale-addresses-surge](https://cointelegraph.com/news/eth-holders-scoop-up-ether-as-mega-whale-addresses-surge)

[2] Binance - [https://www.binance.com/en/square/post/08-04-2025-ethereum-news-ether-mega-whales-accumulate-300m-during-weekend-dip-as-etf-inflows-surge-27862172990634](https://www.binance.com/en/square/post/08-04-2025-ethereum-news-ether-mega-whales-accumulate-300m-during-weekend-dip-as-etf-inflows-surge-27862172990634)

[3] Bitget - [https://www.bitget.com/news/detail/12560604893546](https://www.bitget.com/news/detail/12560604893546)

[4] AInvest - [https://www.ainvest.com/news/ethereum-whales-acquire-300m-eth-signaling-long-term-confidence-market-fluctuations-2508/](https://www.ainvest.com/news/ethereum-whales-acquire-300m-eth-signaling-long-term-confidence-market-fluctuations-2508/)

[6] Pintu - [https://pintu.co.id/en/news/188574-two-major-whales-ethereum-spark-big-shake-up](https://pintu.co.id/en/news/188574-two-major-whales-ethereum-spark-big-shake-up)

[7] CoinDesk - [https://www.coindesk.com/markets/2025/08/03/ether-bullish-divergence-eth-s-10-weekly-price-loss-clashes-with-usd300m-whale-buy](https://www.coindesk.com/markets/2025/08/03/ether-bullish-divergence-eth-s-10-weekly-price-loss-clashes-with-usd300m-whale-buy)

[9] CoinCentral - [https://coincentral.com/ethereum-eth-price-mega-whales-continue-buying-as-5-4b-etf-inflow-streak-reaches-20-days/](https://coincentral.com/ethereum-eth-price-mega-whales-continue-buying-as-5-4b-etf-inflow-streak-reaches-20-days/)

[10] CoinDCX - [https://coindcx.com/blog/crypto-news-weekly/crypto-roundup-4/](https://coindcx.com/blog/crypto-news-weekly/crypto-roundup-4/)