Ethereum News Today: Ethereum Whales Buy, Sell Amid Altcoin Surge and Meme-Driven Innovation

Ethereum’s largest holders have recently shown increased activity, with a notable portion of them purchasing over $1.7 billion worth of ETH during recent market corrections. According to on-chain data, these investors, known as whales, have taken advantage of the pullback in ETH prices, which have retreated to around $4,250 from a recent high of nearly $4,800. Their cumulative holdings now represent approximately 25% of the circulating supply, signaling confidence in Ethereum’s long-term trajectory [3].

The market has also seen a divergence in whale behavior, with some large holders selling substantial quantities of ETH. One cluster sold 19,461 ETH, valued at $88 million, in under 15 hours, sparking concerns over profit-taking. However, this selling pressure has been partially offset by significant accumulation. Three new addresses alone amassed nearly $280 million in ETH within a single day, highlighting the continued institutional interest in the platform [2]. This dual movement of accumulation and liquidation has created uncertainty among traders, who are now closely monitoring how Ethereum’s price will respond to these mixed signals.

Amid this activity, Ethereum-based crypto tokens like Pepe Dollar ($PEPD) have attracted attention. $PEPD, a presale project built on Ethereum, has raised over $1.5 million in its second stage, with each token priced at $0.006495. The project has a structured burn model, with nearly 29% of its total supply permanently removed, and any unsold tokens also added to the burn wallet. These features are designed to reduce supply and mitigate the risks associated with team-controlled token distributions. Developers have described this as a “meme-liberation event,” emphasizing the blend of cultural appeal and functional utility [1].

What sets $PEPD apart is its integration of PayFi, a concept that bridges traditional payments with decentralized finance. This model enables borderless, censorship-resistant transactions, making $PEPD a unique player in the growing intersection of meme culture and financial technology. The project also includes a fully audited smart contract, providing participants with confidence in its technical infrastructure. Developers have emphasized the token’s potential to become a bridge between entertainment and finance, offering practical use cases while maintaining its cultural relevance [1].

The broader Ethereum ecosystem has also seen increased interest from developers in meme-driven projects that combine culture with functionality. Ethereum’s expanding infrastructure has allowed such projects to integrate decentralized applications, mobile wallets, and micro-payment systems. These innovations are attracting developers who are experimenting with new models of engagement, staking, and decentralized finance tools. As a result, Ethereum-based presale projects are becoming increasingly diverse, with many prioritizing both usability and community-driven growth [4].

While Ethereum continues to serve as a foundational layer for decentralized finance and smart contracts, investors are also shifting capital into emerging altcoins. One such project, MAGACOIN FINANCE, has gained traction for its rapid presale sellouts and strong community engagement. The project is often compared to early-stage meme tokens for its potential to deliver high returns while offering long-term utility. On-chain tracking has confirmed Ethereum whale participation in this project, further reinforcing the idea that capital is rotating toward tokens with asymmetric upside potential [2].

The long-term structural narrative for Ethereum remains one of tightening supply, with exchange reserves near historical lows and record levels of staked ETH. Analysts suggest that continued ETF inflows and reduced circulating supply could position ETH for a potential price target above $5,000. However, the largest percentage gains during bull cycles often occur in smaller-cap projects, explaining the current trend of capital rotation into emerging altcoins [2].

Source:

[1] PEPD, SPX & ETH – 3 Cryptocurrencies You Must Hold In ... (https://www.barchart.com/story/news/34308227/pepd-spx-eth-3-cryptocurrencies-you-must-hold-in-2025-why-ethereum-spx-whales-are-buying-top-crypto-ico-pepe-dollar)

[2] Ethereum Whales Weigh Profits as Altcoin Rotation ... (https://crypto-economy.com/ethereum-whales-ready-to-sell-their-holdings-while-magacoin-finance-takes-center-stage/)

[3] Ethereum Whales Unfazed by the Correction: Here's How ... (https://cryptopotato.com/ethereum-whales-unfazed-by-the-correction-heres-how-much-they-bought/)

[4] Top Crypto ICO Draws Ethereum Devs To Use Meme- ... (https://www.barchart.com/story/news/34305050/top-crypto-ico-draws-ethereum-devs-to-use-meme-economy-to-revive-memecoins-on-ethereum-how-to-join-best-crypto-presale)