$ETH

Ethereum whales acquire 800,000 ETH amid reactivation of the ICO wallet

Ethereum whales have moved more than 800,000 ETH since mid-October 2025, as old Initial Coin Offering (ICO) wallets showed signs of activity. On-chain data shows that large Ethereum holders, with balances between 10,000 and 100,000 ETH, are investing in staking and making small transfers. Analysts see this as a signal for long-term positioning and increasing institutional interest. This trend aligns with increased inflows into crypto products and declining exchange balances, indicating greater adoption of Ethereum by institutions.