Ethereum News Today: Institutional Whales Stockpile $1.37B in ETH Amid Downturn, Signal Long-Term Confidence

Ethereum's largest holders have aggressively increased their long positions amid a recent market downturn, with institutional buyers accumulating over 394,682 ETH-worth $1.37 billion-over three days as the cryptocurrency fell nearly 12% in November 2025 Ethereum Whales Buy $1.37 Billion in ETH Amid 12% November Price Drop. The buying spree, led by an "Aave whale" and corporate investor Bitmine Immersion Technologies, underscores growing institutional confidence in Ethereum's long-term potential despite short-term volatility Ethereum Whales Snap Nearly 400K ETH in Three Days, Total Purchases Exceed $1.37B.

The Aave whale alone purchased 257,543 ETH ($896 million) at an average price of $3,462, while Bitmine added 40,719 ETH ($139.6 million) through multiple exchanges Ethereum Whales Buy $1.37 Billion in ETH Amid 12% November Price Drop. This follows Bitmine's prior $363 million ETH purchases in October, reinforcing its strategy of accumulating during dips Ethereum Whales Buy $1.37 Billion in ETH Amid 12% November Price Drop. On-chain analytics firm Lookonchain noted that such whale activity typically precedes market reversals, with analysts projecting Ethereum could target $4,800 to $10,000 in the coming months Ethereum Whales Snap Nearly 400K ETH in Three Days, Total Purchases Exceed $1.37B.

The accumulation coincided with a sharp 3.3% drop in ETH's price to $3,331, breaking below key support levels Ether Falls to $3,331 as Support Snaps Amid $1.37B Whale Accumulation. Despite the technical breakdown, volume surged 145% above average, indicating institutional-scale inflows Ether Falls to $3,331 as Support Snaps Amid $1.37B Whale Accumulation. CoinDesk analysts highlighted that lower exchange reserves-now at their lowest since 2016-suggest investors are moving ETH to long-term storage, further signaling bullish sentiment Ethereum Whales Buy $1.37 Billion in ETH Amid 12% November Price Drop.

The broader crypto market, however, remains mixed. Bitcoin and Ethereum funds lost $1.17 billion in outflows last week amid fading rate-cut hopes, while Solana funds saw $118 million in inflows Bitcoin Funds Lose $1.17B Amid Fading Rate Cut Hopes as Solana Sees Inflows. CoinShares attributed this divergence to shifting investor preferences, with altcoins attracting capital as Bitcoin faces profit-taking pressure.