Ethereum Updates: Major Holders Accumulate $660M While Short-Term Traders Exit—Price Remains Flat

Bitget App

Trade smarter

Bitget

News

Markets

Ethereum Updates: Major Holders Accumulate $660M While Short-Term Traders Exit—Price Remains Flat

Bitget-RWA2025/10/26 23:10

By:Bitget-RWA

- Ethereum whales amass $660M in ETH (170,000 tokens) amid short-term sellers offloading positions, keeping ETH price stagnant near $3,875. - Institutional inflows boost ETH liquidity while Bitcoin/Solana whales cash out, with $32M ETH transfers linked to treasury inflows. - Technical indicators show bullish divergence and ascending triangle patterns, but $4,000 psychological level remains a key hurdle. - Analysts split between 2025 bullish parallels to 2017/2021 cycles and warnings about altcoin sell sign

The largest Ethereum investors are steadily increasing their holdings, hinting at possible market changes even as short-term trends remain uncertain. Blockchain data shows that from October 21 to October 23,

Ethereum

whales accumulated 170,000 ETH—worth about $660 million at current market rates—making it one of the most significant two-day buying sprees this month, according to

Yahoo Finance

. In contrast, short-term investors have been selling, resulting in a standoff that has kept ETH trading sideways around $3,875, the report notes.

This accumulation pattern is not limited to Ethereum. One major investor moved 8,491 ETH (valued at $32.47 million) from OKX to a fresh wallet, while another wallet collected 62,207

Chainlink

(LINK) tokens, totaling $19 million, as reported by

a Yahoo Finance report

. These transactions have fueled optimism for both cryptocurrencies, with LINK climbing from $16.9 to $17.6 in less than half a day. Experts highlight that Ethereum’s price chart remains technically strong, showing a bullish divergence on the daily timeframe as the Relative Strength Index (RSI) forms higher lows despite falling prices, according to the earlier Yahoo Finance article. The asset is also consolidating within an upward triangle formation, with major resistance levels at $3,989 and $4,137, the report adds.

Ethereum Updates: Major Holders Accumulate $660M While Short-Term Traders Exit—Price Remains Flat image 0

Interest from institutions in Ethereum seems to be on the rise. A recently established wallet acquired $32 million worth of ETH from OKX, a move linked to increased digital asset treasury inflows and greater institutional liquidity, according to

Yahoo Finance

. This stands in contrast to

Bitcoin

and

Solana

, where large holders are either selling or reallocating their assets. For example, one whale shifted $18.5 million from Solana (SOL) into Ethereum, indicating a preference for Ethereum’s more stable ecosystem, as reported by

BeInCrypto

. Meanwhile, a Bitcoin whale closed a $200 million short position, earning $6.4 million in gains as BTC bounced back to $110,500, according to

Yahoo Finance

Despite these positive signals, overall market sentiment remains fragile. Short-term traders continue to sell during price rallies, with the share of ETH held by 24-hour holders dropping from 0.887% to 0.48% since mid-October, as previously reported by Yahoo Finance. This persistent skepticism among retail investors may postpone a decisive breakout for Ethereum. Furthermore, while technical indicators for ETH are encouraging, the asset faces psychological resistance at the $4,000 mark—whether it can break through this level will be key to testing previous highs, as noted in Yahoo Finance’s coverage of LINK and ETH.

Experts are divided in their outlook. CryptoRus, a well-known on-chain analyst, draws comparisons between current whale activity and the bullish phases of 2017 and 2021, suggesting that 2025 might follow a similar pattern, according to BeInCrypto. On the other hand, Johnny

Woo

cautions that most altcoins, apart from Bitcoin and Ethereum, are showing sell signals, which casts doubt on the likelihood of an imminent "altseason," as mentioned in the same BeInCrypto article.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- A savvy investor used 1.95M USDC for a 15x leveraged Bitcoin long on Hyperliquid, reflecting growing institutional interest in high-leverage crypto strategies. - HYPE token surged 8% amid $644M buybacks, but faces pressure from 10M monthly unlocks starting 2025, raising volatility concerns. - Whale activity highlights Hyperliquid's role in macro-driven speculation, with $16M short profits and $9.6M longs amid U.S.-China tensions and tech stock risks. - Analysts remain cautiously optimistic, citing founde

Bitget-RWA•2025/10/27 03:54

Hyperliquid News Today: Hyperliquid's Repurchase Strategy and 2025 Token Releases: Can Investor Trust Be Maintained?

BullZilla's Rally Signals Return to Risk Appetite as Geopolitical Tensions Ease and Meme Coin Craze Intensifies

- BullZilla surges 2,639% in October 2025, reaching $1M market cap as top meme coin amid fading rivals like Pudgy Penguins and Mog Coin. - Geopolitical easing from Trump-Xi talks boosts risk-on sentiment, indirectly fueling crypto rebounds and speculative trading in tokens like BullZilla. - JPMorgan upgrades Coinbase while hedge funds remain divided, highlighting crypto's volatile integration into traditional finance amid regulatory scrutiny. - Emerging projects like Solana-based PayAI ($31M) and BNB Chain

Bitget-RWA•2025/10/27 03:54

BullZilla's Rally Signals Return to Risk Appetite as Geopolitical Tensions Ease and Meme Coin Craze Intensifies

Surf Protocol’s TurboFlow: Placing Transparency at the Heart of DeFi Trading

- Surf Protocol launches TurboFlow, a Layer 1 perpetual contract platform with 1,000x leverage and fee-free profit-sharing. - The upgrade prioritizes on-chain transparency, automatic asset migration, and industry-low liquidation margins for retail traders. - Market trends show rising leveraged trading activity, with projects like Hyperliquid and QLGN driving institutional crypto adoption. - DeFi innovations like Tokemak's Autopool and Quantum Solutions' ETH treasury highlight evolving risk management and l

Bitget-RWA•2025/10/27 03:54

Surf Protocol’s TurboFlow: Placing Transparency at the Heart of DeFi Trading

Bitcoin Updates Today: Is It a Bull Run or an Economic Slowdown? Cryptocurrency Faces Major Macroeconomic Turning Point

- Crypto markets face a critical juncture as a bull rally clashes with bearish macroeconomic forecasts, driven by institutional inflows and pro-crypto policies. - Analyst Willy Woo warns the next bear market may stem from a broader economic downturn (e.g., 2008-style crash), not traditional crypto cycles, citing GDP, unemployment, and spending risks. - Bitcoin's price cycles appear decoupling from the four-year halving pattern, now more influenced by U.S. dollar strength, Fed policies, and global liquidity

Bitget-RWA•2025/10/27 03:54