Recent actions by Ethereum whales, significantly increasing their holdings, suggest possible changes in the cryptocurrency market.
Whales Accumulate 1.12 Million ETH in May 2025
Ethereum whales increased their holdings by 1.12 million ETH from May 24 to May 29, 2025. These entities use strategic accumulation methods during downtrends and are often precursors to shifts in market cycles. Institutional actions were evident as wallets added 190,000 ETH, valued at $513 million, highlighting a substantial institutional involvement with robust liquidity movements.
Institutional Inflows into Ethereum ETFs Surge
Ethereum also witnessed an increase in institutional ETH ETF inflows, reflecting positive sentiment in the market. Trading behaviors suggest a shift of capital from Solana (SOL) to Ethereum (ETH). In May, ETH demonstrated a 46% price rise, which aligns with historical upward moves initiated by similar whale actions. According to an analysis by Santiment, "A major bullish driver behind Ethereum’s current outlook is whale accumulation. Between May 24 and May 29, whale wallets holding between 10,000 and 100,000 ETH added 190,000 ETH, worth approximately $513 million at current prices... Another factor contributing to Ethereum’s momentum is capital rotation out of Solana (SOL) and into ETH."
Experts Predict Ethereum Prices Could Surge to $3,400
Recent whale movements, such as in July 2022, often led to significant price increases. This pattern suggests similar potential outcomes for Ethereum's current market state. Experts align positive outlooks with whale actions, predicting prices between $3,000 and $3,400 if bullish trends continue, supported by relevant technical indicators.
Whale actions and institutional inflows create a bullish sentiment in the Ethereum market, potentially leading to significant price increases in the future.
