Altcoins News

Story: Ethereum Whales Accumulate as Retail Traders Remain in Disbelief

By Sakamoto Nashi

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Retail Skepticism Despite Price Surge. ETH’s current price recovery has been impressive. Over the last 30 days, Ethereum has surged 53%,…

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History of Sentiment-Driven Corrections. The analytics firm highlighted that market sentiment can act as a contrarian indicator.

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Whales Step In as Retail Sells. The on-chain data shows smaller traders parting with their ETH, while key stakeholders are…

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Recovery from Earlier Drawdown. Ethereum’s strong rebound is even more notable given the depth of its recent correction.

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Traders Divided on Price Outlook. Market sentiment may be skeptical overall, but some high-profile traders see the potential for…

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The Road to New Highs. For Ethereum to break past its all-time high, the market will need to sustain momentum while…

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Conclusion. Ethereum’s rally toward its all-time high is unfolding in a climate of retail disbelief and whale…

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Ethereum (ETH) is edging closer to its all-time high of $4,878, yet retail traders seem unconvinced by the rally.

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Santiment’s data indicates that bearish commentary on Ethereum still outweighs bullish posts.

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“Traders have shown FUD and disbelief as the asset makes higher and higher prices,” Santiment noted, adding that current sentiment leaves “very little resistance” to Ethereum…

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The analytics firm highlighted that market sentiment can act as a contrarian indicator. When traders become overly bullish, it can signal excessive greed, which historically…

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However, the current rally is different. Instead of widespread greed, the market is seeing an abundance of doubt from retail participants.

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The on-chain data shows smaller traders parting with their ETH, while key stakeholders are “accumulating loose coins” during the rally.

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This is consistent with observations from Glassnode, another blockchain analytics platform, which reported that short-term holders are selling more aggressively than long-term…

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Ethereum’s strong rebound is even more notable given the depth of its recent correction. In April 2025, ETH suffered a 60% drawdown from its January highs, falling below $2,000.

The Currency Analytics

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