📊 Whales are quietly accumulating ETH despite the price not breaking out

Recently, many whales and organizations have withdrawn large amounts of Ethereum ($ETH ) from exchanges, indicating a long-term accumulation trend even though the price is still hovering around $2k.

🐋 One large wallet (0x8E34) withdrew about 80.157 ETH (~165M USD) from the exchange at an average price of ~$2,078.

🐋 Another wallet (0x743d) also purchased nearly 12,000 ETH using Tether (USDT).

🏦 Not just individuals, organizations are also participating:

Wallets associated with Cumberland have withdrawn about 23,000 ETH from major exchanges like Binance and Coinbase.

📈 Meanwhile, data from Santiment shows that the number of ETH holders has increased more than threefold in recent years, reflecting a still rapidly expanding ecosystem.

📌 In summary: the price is stagnant, but whales are still quietly accumulating – a common sign before major volatility periods.

😄 This article only shares information. If you read this and buy ETH, then the market turns around... it’s likely the whales didn’t give me a heads up.

#Ethereum #CryptoWhales #OnchainData #CryptoMarket #blockchain