Altcoins News

Story: Ethereum Mega Whales Quietly Accumulate, Hinting at Next Bullish Surge

By Evie Vavasseur

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Mega Whales Add Over 3.5 Million ETH Since October 2024. According to on-chain data from Glassnode, these mega whale wallets have increased their holdings…

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Accumulation Levels Mirror Pre-2020 Bull Run. Historically, this kind of whale activity tends to precede major price movements.

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Bullish Pattern on the Charts: Bull Pennant in Focus. Technical analysis of Ethereum’s price also supports a potential breakout.

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Strong Support Zone Forms Around $2,500. Another key element backing the bullish outlook is the establishment of a robust support zone.

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Institutional Interest Builds Through Ethereum-Based ETFs. Ethereum is also benefiting from renewed interest from institutional investors.

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Why This Accumulation Matters More Than Ever. The current Ethereum accumulation is more significant than in previous years due to several…

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Cautious Optimism Amid Market Volatility. While the signs point to a potential bullish breakout, analysts remain cautiously optimistic.

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Conclusion: Ethereum May Be Poised for a Quiet Comeback. In the midst of attention on Bitcoin and other trending tokens, Ethereum is quietly building…

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While Bitcoin ETFs and Solana’s volatility dominate headlines, a quieter yet powerful trend is unfolding in the Ethereum market.

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According to on-chain data from Glassnode, these mega whale wallets have increased their holdings by 9.31% between October 2024 and July 2025, growing from 37.56 million ETH to 41.

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Historically, this kind of whale activity tends to precede major price movements. In late 2020, a similar accumulation phase took place when Ethereum quietly surged from $460 to…

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Technical analysis of Ethereum’s price also supports a potential breakout. The ETH price chart is showing a bull pennant—a continuation pattern that often results in a sharp…

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Ethereum is also benefiting from renewed interest from institutional investors. Capital inflows into ETH-focused investment funds and exchange-traded products (ETPs) have picked…

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