Altcoins News

Story: $1.1B in Ethereum Bought in 48 Hours as Whales Accumulate for a Potential Breakout

By MikeT

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Ethereum Network Breaks TPS Record. Ethereum’s throughput hit a record-breaking 3,872 transactions per second (TPS) this week, marking…

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$1.1 Billion in Whale Purchases Signal Confidence. On-chain data from analytics platforms revealed that Ethereum whales have been buying aggressively…

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Chart Pattern Mirrors Pre-Breakout Phases. Technical analysts are drawing parallels between Ethereum’s current price structure and previous…

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Layer 2 Ecosystem Adds Fuel to the Narrative. Beyond whale buying, Ethereum’s growing Layer 2 ecosystem continues to strengthen its long-term…

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Outlook: ETH Eyes a Macro Breakout. With whales accumulating, transaction speeds hitting new records, and technical charts flashing…

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The Ethereum [ETH] network is buzzing once again, both on-chain and in trading activity. In just 48 hours, major whales accumulated 323,523 ETH, worth roughly $1.

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At the same time, the Ethereum ecosystem shattered its own transaction speed records, strengthening optimism that the network’s improving fundamentals could soon align with…

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For comparison, the average throughput has remained elevated above 2,600 TPS, supported largely by Layer 2 networks that handle growing transaction volumes.

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Base Chain [BASE] contributed over 1,800 TPS, more than half of Ethereum’s total network activity.

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Arbitrum [ARB] followed with 477 TPS, while emerging players like Soneium also gained meaningful traction.

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This rising throughput underscores Ethereum’s technical evolution as scalability improvements continue to take effect, boosting both user and developer confidence.

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On-chain data from analytics platforms revealed that Ethereum whales have been buying aggressively during the recent pullback, suggesting they view the current range as a…

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Over the past 48 hours, major buyers collectively added 323,523 ETH, valued at $1.12 billion, with purchase prices ranging between $3,247 and $3,515.

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One particularly large wallet — known for borrowing 66,000 ETH from Aave [AAVE] earlier this year — acquired 257,543 ETH, worth approximately $896 million.

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Meanwhile, a cluster of “seven sibling wallets” collectively purchased 37,971 ETH, while several new addresses added another 14,000 ETH combined.

The Currency Analytics

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