260,000 ETH Snapped Up by Whales in 24H: Is a Rally Brewing?

TL;DR Ethereum whales added 260,000 ETH in one day, raising holdings to nearly 29.6 million ￰0￱ outflows peaked at 2.8 million ETH mid-August, matching Ethereum’s surge from $3,600 to $4,800. Merlijn sees the expansion phase confirmed, with multi-year resistance flipped to support and $7,000+ target ￰1￱ Accumulation Surges Ethereum whale wallets holding between 10,000 and 100,000 ETH added around 260,000 tokens in the past 24 hours, data from analyst Ali Martinez ￰2￱ increase brings their combined holdings close to 29.6 million ETH. 260,000 Ethereum $ETH bought by whales in the last 24 hours! ￰3￱ — Ali (@ali_charts) September 2, 2025 The move occurred as Ethereum traded within a relatively tight range, around $4,400.

The one-day increase is among the largest in recent weeks and came while the price action stayed flat. Separately, exchange flows also point to ￰4￱ saw multiple days with more than 2 million ETH withdrawn, reaching a peak of 2.8 million ETH on August ￰5￱ period matched Ethereum’s rise from $3,600 to almost $4,800, suggesting buyers were shifting holdings away from exchanges.