Ethereum News Today: Ethereum Whales Buy $435M in 24 Hours Amid Market Volatility and Staking Surge

In a 24-hour period on July 13, 2025, large Ethereum holders—commonly referred to as whales—purchased $435 million worth of ETH, signaling a surge in accumulation amid market volatility. This activity was primarily driven by substantial over-the-counter (OTC) purchases and the deployment of newly created wallets into staking mechanisms. One major whale transferred 60,000 ETH—valued at approximately $285 million—from Coinbase Prime and partially staked it, according to on-chain data shared by Arkham Intelligence [1].

Two additional large wallet addresses were identified as making significant ETH acquisitions, totaling around $150 million. One of these transactions involved a $118.2 million purchase through FalconX, while the other was a $40.5 million acquisition via Galaxy Digital’s OTC desk [1]. These transfers occurred as Ethereum’s price declined by 3.15 percent to $4,396 per ETH, suggesting that institutional and high-net-worth investors are capitalizing on downward price movements to accumulate at lower costs.

A notable whale address (0x697D8eFb007Ec5CCAC0C67290D545b916348480B) not only withdrew a large amount from an exchange but also redeployed 3,200 ETH across multiple wallets. Some of these funds were staked on Coinbase, reflecting a dual strategy of long-term holding and yield generation [1].

The growing trend of large ETH purchases through OTC desks indicates a calculated effort to avoid triggering price volatility in the retail market. This approach aligns with the broader market sentiment of large holders adopting a “buy and hold” strategy in anticipation of future price appreciation. The creation of new staking wallets further underscores confidence in Ethereum’s potential, particularly in a macroeconomic environment marked by uncertainty. These staking activities may help reduce the supply on exchanges, potentially easing selling pressure and supporting a more stable price trajectory [1].

Historically, periods of significant whale accumulation have often preceded bullish market movements. With major players positioning themselves ahead of potential price increases, Ethereum’s on-chain activity remains robust despite a 31 percent decline in daily trading volume and a market capitalization of approximately $530 billion [1].

The Ethereum ecosystem continues to attract institutional and strategic capital, particularly through its foundational role in decentralized finance (DeFi) and smart contract infrastructure. As technical indicators such as MACD and RSI show positive momentum, the combination of strong on-chain activity and whale behavior could set the stage for a significant upward trend in the near future [1].

The surge in Ethereum accumulation among whales highlights growing institutional confidence in the asset, with over $435 million in new ETH purchases recorded in just one day [1].

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Sources:

[1] Ethereum Whales Accumulate $435M in 24 Hours as New Wallets Stake and OTC Buyers Load Up – [https://www.livebitcoinnews.com/ethereum-whales-accumulate-435m-in-24-hours-as-new-wallets-stake-and-otc-buyers-load-up/](https://www.livebitcoinnews.com/ethereum-whales-accumulate-435m-in-24-hours-as-new-wallets-stake-and-otc-buyers-load-up/)