🐋 Whales Accumulate Big: Significant Ethereum Holdings Added This Week

Large holders of Ethereum (ETH) have been actively increasing their positions over the past week, signaling renewed confidence among institutional and high-net-worth investors despite sideways price action.

Key Whale Moves:

Trend Research, linked to LD Capital, quietly added 46,379 ETH, bringing its total to about 580,000 ETH, placing it among the largest publicly tracked ETH whale holders.

On-chain analytics show major whales have acquired hundreds of thousands of ETH, with data from Lookonchain revealing that whales added over 569,000 ETH (≈ $1.69 B) since early November, and many continued buying this week.

BitMine also stepped up accumulation, adding 67,886 ETH (~$201 M) over the past 24 hours and roughly 302,000 ETH over the week — another sign of strong large-holder demand.

Market Implications:

Bullish signal: Big whale accumulation often suggests long-term conviction and can tighten available supply.

Supply tightening: Large holders drawing ETH off exchanges can reduce sell pressure and support price floors.

Contrasting retail: While retail traders have shown selling pressure, smart money continues stacking ETH, historically a contrarian indicator.

In short, Ethereum whales are significantly expanding their holdings this week, providing a bullish undertone to ETH’s market structure even as prices remain range-bound.