In September 2025, Ethereum whales reached a record high holding of 20.6 million ETH. This milestone has generated considerable interest in the cryptocurrency market.
Data on Whales and Their Significance
According to recent data from CryptoQuant, Ethereum whales, which are addresses holding between 10,000 and 100,000 ETH, have hit a record of 20.6 million ETH. There has been a steady increase in balances among these major holders since mid-2025, suggesting strong conviction among large investors.
Community Optimism and Ethereum Price
At a time when the Ethereum ecosystem continues to evolve, whale activity is driving interest in ETH's price. Community discussions indicate that users are predicting Ethereum could reach $5,000 or even $10,000 by year-end, fueled by whale activity and an anticipated altseason.
Impact on Ethereum's Market Outlook
The data on whales highlights the importance of monitoring the behavior of major holders. As the network strengthens and demand grows, these actions could play a pivotal role in shaping the future of the market. Whether this marks the beginning of a sustained rally or a strategic hold remains to be seen.
The record of 20.6 million ETH in whale wallets highlights the need to monitor changes in the Ethereum market and potential future price movements.
