A major Ethereum OG is back in action, and the market is paying attention. According to Arkham data, a whale who once held over $538M during the 2021 peak has quietly re-entered the market, accumulating $19.5M worth of ETH this week.
This isnât just any wallet , itâs a seasoned player rebuilding exposure while prices remain significantly below all-time highs. Smart money often moves when fear dominates, not when hype peaks.
đ§ What This Signals:
âą Long-term conviction is still strong
âą Accumulation happening during weak sentiment
âą Potential early positioning before a broader trend shift
đ Meanwhile, ETF outflows and cautious sentiment continue to weigh on the market, making this move even more interesting.
đ„ Takeaway: When experienced whales start buying again, itâs rarely random. This could be the quiet phase before momentum returns.
đ Keep an eye on ETH , the smart money already is.
#Binance #BinanceSqare #Ethereum $ETH
