Ethereum News Today: Ethereum Whales Shift Focus to 40x Altcoin as Bulls Eye $5,000

Ethereum whales are once again making headlines after collectively purchasing $456.8 million in Ethereum across nine large wallets in a single day, according to data from Arkham Intelligence [2]. The activity, observed in Q3 2025, reflects a notable accumulation trend among major market participants. Five of the wallets receiving inflows came directly from Bitgo, a prominent institutional custodian, while four others sourced their Ethereum through Galaxy Digital’s over-the-counter (OTC) desk. These transactions signal growing confidence in Ethereum’s long-term potential and highlight the increasing role of institutional-grade platforms in facilitating large-scale accumulation [2].

The timing of these purchases coincides with Ethereum testing critical demand levels following a recent surge past 2021 all-time highs. While the price has since retraced, bulls remain optimistic, with some analysts forecasting that Ethereum could rally past $5,000 in the near term [2]. The accumulation by whales is seen as a stabilizing force amid the volatility, potentially supporting a new upward leg in Ethereum’s price cycle. Historically, such whale activity has often preceded significant bullish momentum, reinforcing the market's current cautious optimism [2].

Beyond institutional investors, public companies are also showing interest in Ethereum, echoing a trend seen in Bitcoin’s early adoption. Firms such as Bitmine and Sharplink Gaming have disclosed Ethereum holdings, further cementing its status as a legitimate institutional-grade asset [2]. This growing corporate involvement adds another layer of validation to Ethereum’s increasing prominence in the broader financial ecosystem. The confluence of whale accumulation, institutional OTC purchases, and corporate adoption is strengthening the bullish narrative surrounding Ethereum’s trajectory [2].

Source:

[1] 3 Price Predictions for 2025: MAGACOIN Finance Forecasted 40x ROI vs Avalanche, Shiba Inu

[2] Ethereum Whales Strike Again: $456.8M Bought Across 9 Addresses

[3] Why Ethereum Whales Are Buying This Altcoin