OVER THREE WEEKS, SMALL HOLDERS REDUCE HOLDINGS

ETH WHALES HOARD 934K TOKENS OVER THREE WEEKS, SMALL HOLDERS REDUCE HOLDINGS

ByMolly McNearney

Ethereum has seen a price rebound in recent weeks following significant accumulation by large holders, according to on-chain data from analytics firm Santiment.

During these three weeks, Ethereum whales and sharks collectively acquired around 934,240 ETH, while smaller retail traders sold roughly 1,041 ETH. This divergence in trading activity highlights how large holders are driving market support as volatility begins to ease.

Ethereum Whales Accumulate While Retail Sells, Signaling Potential Price Recovery

Data from Santiment shows a significant rise in holdings among Ethereum addresses containing between 100 and 100,000 ETH. This group steadily increased their balances into early December, coinciding with a slowdown in Ethereum’s price decline and reduced market volatility. The cryptocurrency subsequently moved higher as buying activity picked up.

In contrast, retail wallets holding fewer than 10 ETH saw their balances decline, with net selling of 1,041 ETH over the past week.

Market observers note that such divergences between large and small holders have historically preceded short-term rallies or trend reversals. Analysts suggest that the current accumulation pattern reflects strategic positioning by major holders rather than speculative trading.

BITCOIN DIPS UNDER $95K WHILE ETF OUTFLOWS PUT PRESSURE ON THE MARKET

If this accumulation trend continues, it could support further Ethereum price recovery, as the supply-demand imbalance created by the contrasting behavior of large and small holders continues to shape market dynamics.

Conclusion

Ethereum’s recent price rebound has been driven largely by the accumulation behavior of large holders, including whales and sharks, while retail investors have been selling small amounts. The divergence between these two groups has historically signaled potential short-term rallies or trend reversals. If major holders continue their strategic accumulation, Ethereum could see further upward momentum, supported by the supply-demand imbalance in the market.

COINBASE LAUNCHES IN SINGAPORE TO HELP STARTUPS USE USDC AND CRYPTO PAYMENTS

FAQs

1. Who accumulated the most ETH recently?

  • Large holders, including whales and sharks, accumulated around 934,240 ETH over three weeks.
  • Their buying helped offset selling pressure from smaller investors.
  • This accumulation contributed to stabilizing Ethereum’s price.

2. How did small retail holders act?

  • Retail wallets holding fewer than 10 ETH sold roughly 1,041 tokens.
  • Their selling created a contrast with large holder accumulation.
  • This divergence highlighted different trading strategies across investor groups.

3. What was the impact of whale accumulation on Ethereum’s price?

  • Accumulation by large holders slowed Ethereum’s recent price decline.
  • It also reduced market volatility during the period.
  • As a result, Ethereum saw a modest rebound in value.

4. What do such large vs. small holder patterns usually indicate?

  • Divergences between whales and retail traders often precede short-term rallies.
  • They can also signal trend reversals in cryptocurrency markets.
  • Analysts use these patterns to anticipate potential price movements.

5. What could continued whale accumulation lead to?

  • Ongoing accumulation may support further Ethereum price recovery.
  • It can create a favorable supply-demand imbalance in the market.
  • This trend could strengthen investor confidence and market stability.

Similar Posts