ETH accumulation trend continues as whales snap up 800K tokens from circulation

Ethereum (ETH) keeps flowing into whale wallets. On-chain data reveals whales added 800K ETH in a single week, potentially leading to a breakout for ￰1￱ whales added 800K ETH in the past week, in another round of strong ￰2￱ buying extends the trend from the past weeks, where whales spent up to $1.19B on ETH in a single ￰3￱ accumulation increased in the second part of September and continued in October, potentially leading ETH to a year-end rally. Historically, whale accumulation has preceded bullish market ￰4￱ whales also strategically sell for profit-taking, but the overall trend for ETH is to flow into no-sell accumulation wallets with a total balance of over 27M ￰5￱ accelerated their buying in September, boosting inflows to wallets with over 10K ETH. |) into #Binance for sale in the past 10 ￰6￱ the past 4 days, they have deposited 143,124 $ETH ($642M) into #Binance . ￰0￱ ￰7￱ — Lookonchain (@lookonchain) October 5, 2025 Additional selling pressure came from an older ETH wallet selling 1,800 ￰8￱ large-scale wallets are buying, the market still has to absorb selling from ￰9￱ overall bearish stance of retail has led to a turnover of ￰10￱ to Market Prophit signals , crowd money is much more bearish on ETH compared to smart ￰11￱ selling puts additional pressure on the price, and whales cannot always ￰12￱ is also facing demand from treasury companies and ￰13￱ the short term, ETH is facing a significant sell wall at prices leading up to $4,900 and above, with the potential for short-term price ￰14￱ you're reading this, you’re already ￰15￱ there with our newsletter .