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Ethereum Consolidates at $2,577 as Whales Add $515M and ETF Inflows Surge
Ethereum (ETH-USD) is currently consolidating around $2,577, showing signs of hidden strength despite mixed technical momentum. Large-scale investors—wallets holding between 10,000 to 100,000 ETH—added over 200,000 ETH over the weekend, valued at approximately $515 million. Whale-controlled wallets now hold nearly 26.88 million ETH, representing 22% of circulating supply, the highest level seen since 2020. A broader view shows that Ethereum mega whales added 3.5 million ETH since October 2024, recovering from lows of 37.56 million ETH to 41.06 million ETH, a 9.31% increase. Exchange Outflows and ETF Inflows Paint ... (full story)
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