Ethereum News Today: Ethereum Whale Accumulation Surpasses $2.5 Billion as Price Climbs 59% in 6 Months

Ethereum is showing signs of a significant price movement as on-chain data reveals an acceleration in whale accumulation. Wallets holding between 1,000 and 10,000 ETH have seen substantial inflows, with recent weekly inflows surpassing $2.5 billion in single days — the largest such spikes since 2018 [1]. Over the past two weeks alone, these large holders have added more than 1.13 million ETH, tightening supply and indicating strong institutional and high-net-worth investor conviction [1]. Analysts and market observers are now drawing parallels to historical price breakouts, with some suggesting this accumulation pattern may precede a major upward move [1].

Currently trading in the range of $3,500 to $4,500, Ethereum has seen a 17% rise over the past week and a nearly 50% gain in the last month [1]. Over six months, the price has surged by over 59% [1]. With resistance near the $5,000 level, a successful breakout could see the price rise by approximately 25% to reach the next key level. The recent upward trend is supported by a moderate RSI and strong trading volumes, reinforcing the narrative of ongoing bullish momentum [1].

Whale activity, particularly at a scale not seen in years, has raised expectations that Ethereum is entering a new phase of market behavior. Such buying patterns are historically associated with price surges, as large investors often position ahead of market inflections [1]. The tightening supply dynamics and sustained buying pressure have led to speculation that Ethereum’s next phase of growth could see it push past $5,000, potentially leading to broader market participation and renewed investor optimism.

Ethereum’s recent performance and whale behavior highlight the importance of on-chain metrics in gauging market sentiment. While price forecasts remain speculative, the accumulation trend is a factual indicator of growing interest and confidence in the asset. As Ethereum continues to show resilience and upward momentum, the market is closely watching for further signs of a potential breakout [1].

Source: [1] Ethereum Poised for $5K Rally as Whale Accumulation Accelerates (https://cryptodaily.co.uk/2025/08/ethereum-poised-for-5k-rally-as-whale-accumulation-accelerates)