Whales Scoop $1.73B In Ether As Exchange Balances Hit Nine-Year Low

Reports have disclosed that 16 wallets picked up 431,018 Ether between September 25 and 27, spending about $1.73 billion to do ￰2￱ buys came through names like Kraken, Galaxy Digital, BitGo, FalconX and ￰3￱ Reading: Dogecoin Bullish Again? $10 Million Stock Buyback Sparks Fresh Price Hopes That scale of accumulation pushed attention back to who is buying the dip, and why larger players seem willing to add exposure while prices ￰4￱ Balances Fall To 9-Year Low According to Glassnode data, the amount of ETH held on exchanges has plunged from roughly 31 million to about 14.8 million ETH — a drop of 52% from 2016 ￰5￱ of those coins are likely in staking contracts, cold wallets or institutional custody, and the recent launch of the first Ethereum staking ETF has helped pull more supply off ￰6￱ exchange balances mean fewer coins ready to be sold instantly on exchanges, which can make price moves sharper when big orders hit the ￰7￱ Hovers Near $4,000 As Volatility Rises Based on TradingView readings, ETH is trading around $4,011, down roughly 0.33% over the last 24 hours and more than 10% over the past ￰8￱ token briefly slipped under $3,980 earlier in the session before climbing back, and it remains below a recent close of $4,034.

This two-week pullback has returned ETH to a key $4,000 support area, and short-term swings have become more pronounced as holders reposition. $3,700 Becomes A Line In Sand Crypto analyst Ted Pillows has warned that the $3,700 to $3,800 zone could face heavy ￰9￱ note that if ETH falls below $3,700, many margin positions could be wiped out and spark forced selling that pushes prices lower. $ETH liquidity heatmap is showing decent long liquidations around the $3,700-$3,800 ￰10￱ level could be revisited again before Ethereum shows any ￰11￱ — Ted (@TedPillows) September 27, 2025 With fewer coins on exchanges and concentrated margin exposure, the short-term outlook is more fragile even as longer-term demand indicators look ￰12￱ Outflows Show Institutional Mood Can Flip US-listed ETH funds recorded nearly $800 million in outflows this week, their largest redemptions to date.

Still, roughly $26 billion sits in Ethereum ETFs, equal to 5.37% of total ￰13￱ keep accumulating $ETH! 16 wallets have received 431,018 $ETH($1.73B) from #Kraken, #GalaxyDigital, #BitGo, #FalconX and #OKX in the past 3 days.￰0￱ ￰1￱ ￰14￱ — Lookonchain (@lookonchain) September 27, 2025 Related Reading: When Will XRP Reach $25? Bitcoin Investor Shares A Bold Prediction Those numbers underline how quickly institutional sentiment can change: big inflows can vanish just as fast, and ETF flows now add a new, sizable layer to price ￰15￱ data also highlighted a prior accumulation of roughly $204 million in ETH, showing similar patterns of large players stepping up during ￰16￱ traders appear more cautious for ￰17￱ the sequence of big buys from institutional-grade custodians suggests some buyers view dips as buying chances while others choose to wait on the ￰18￱ image from Unsplash, chart from TradingView