Ethereum Whales Quietly Accumulate As Stablecoin Usage Skyrockets 400%

Reports have disclosed a 400% rise in stablecoin transfers on Ethereum over the last 30 days, pushing total transfer volume to $581 billion and more than 12.5 million transfers, according to Token ￰0￱ Reading: 16,000 Ancient Bitcoins Just Moved—And It’s Costing Whales Billions The stablecoin market cap on Ethereum now tops $163 ￰1￱ the same time, Ethereum has fallen about 4.50% in the past week, and briefly tested support near $3,738, which some traders called a buying ￰2￱ Step In With Large Buys On-chain trackers show heavy buying from large holders. A newly created wallet, 0x86Ed, spent $32 million to pick up 8,491 ETH in roughly three hours, based on Arkham Intelligence ￰3￱ high-profile account monitored by LookOnChain moved 284K USDC into Hyperliquid after recent liquidations, apparently to maintain long exposure to ￰4￱ say October’s stablecoin transaction volume on Ethereum passed $1.91 trillion for the second time on record, a sign that big flows are still moving through the ￰5￱ usage on Ethereum is at an all-time high, with key metrics up ~400% from Sep ’23 ￰6￱ transfer volume in September was $580.9 billion & transfer count 12.5 ￰7￱ a ~$500 billion valuation, @Tether_to is the most valuable business building on@ethereum.

pic. twitter. com/Z83e68NO8C — Token Terminal 📊 (@tokenterminal) October 13, 2025 Institutions Are Increasing Exposure CryptoQuant and exchange data point to a rise in institutional ￰8￱ futures open interest for ETH has climbed, suggesting larger players are setting positions ahead of a potential price move. Fundstrat’s Tom Lee was cited saying ETH could head toward $5,000 if the ETH/BTC ratio clears the 0.087 ￰9￱ Sheffield, CIO at Sharplink Gaming, told analysts that past liquidations did not stop real use and that the scale of payments on legacy systems — SWIFT processes about $150T a year — shows how much room exists for stablecoins to grow on ￰10￱ money is flowing into #Ethereum institutional interest is clearly rising fast….

The surge in CME futures open interest signals that smart money is gearing up for a major $ETH move ahead… ￰11￱ — BitGuru 🔶 (@bitgu_ru) October 23, 2025 Technical Setups Show Clear Levels To Watch Technical analysis experts have noted a confluence of indicators near today’s prices. Currently, ETH is trading near $3887, just above the significant Fibonacci retracement of 0.618 at $3781. The 0.786 retracement is near $3,640 with the level of formal invalidation set at $3443. Some technicians have pointed to a triple bottom trading pattern around $3600, as well as the potential for a new accumulation reading from a Wycoff re-accumulation pattern which could lead to higher targets (notably $5125 at the 1.618 ￰12￱ Reading: ‘Unthinkable Scenario’ Required For Bitcoin To Hit $250K, CEO Says Balance Between Flow And Risk In sum, with heavy stablecoin flow, whale buying, and increasing interest in futures, this has created a basis for bullish calls into the $5000 ￰13￱ said, chart patterns fail, on-chain movements may not lead to changes in price, and traders who remain cognizant of the ETH/BTC ratio, the invalidation line at $3443, and whether large transactions are transferring or being used for longer-term custody, may get more clarity in the coming ￰14￱ image from Motion Island, chart from TradingView