Investors Buy 1.10M ETH Amid Market Uncertainty
The Most Important Facts at a Glance
Ethereum’s major investors have acquired 1.10 million ETH in the last 48 hours. This massive accumulation is fueling speculation about possible market movements. Despite these purchases, Ethereum remains in a downtrend.
Ethereum Whales: Strategic Accumulation or Market Movement?
The recent accumulation of 1.10 million ETH by major investors represents about 0.92% of Ethereum’s total supply of approximately 120 million ETH. Such purchases are not uncommon. Back in January 2025, large wallets acquired over 330,000 ETH within a week.
These purchases are happening at a time when Ethereum is not showing a clear upward movement. Nevertheless, whales are betting on a future market shift and positioning themselves accordingly.
Why Are Whale Transactions Increasing?
Ethereum has seen increased purchases by major investors in recent months. This trend indicates long-term confidence in the cryptocurrency.
A possible trigger for the rising interest could be the announcement by former President Donald Trump on March 2, 2025. He spoke about a strategic crypto reserve for the U.S. and expressed a positive stance on Ethereum. Additionally, the upcoming White House Crypto Summit on March 7 is driving increased market activity.
Ethereum also remains a leader in the stablecoin sector. With a 56% share of the total value of all stablecoins, the blockchain continues to play a central role in the crypto ecosystem.
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Ethereum Under Selling Pressure Despite Whale Purchases
Despite the accumulation, Ethereum’s price remains weak. Currently, ETH is trading at $2,195. The Relative Strength Index (RSI) stands at 37.32, signaling an approach to oversold levels.
Technical indicators such as the MACD (Moving Average Convergence Divergence) continue to show negative values. The price movement on the daily chart suggests a continuation of the downtrend. If Ethereum does not receive a strong catalyst, the price could retest the support level at $2,000. A sustained rise above $2,500 would be necessary to initiate a trend reversal.
Our Assessment
The recent accumulation by whales shows that institutional investors still have confidence in Ethereum. However, the market remains under pressure. In the short term, Ethereum could decline further if no positive catalysts emerge. In the long term, the strategy of major investors could prove beneficial.
| Symbol | ETH |
| Coin type | Alt Coin |
| Transaction Speed | Medium |
| Pros |
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| Cons |
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| Further practical applications | |
| Price | $1,907.70 |
| 24h % | -0.52 % |
| 7d % | -14.78 % |
| 30d % | -27.94 % |
| 60d % | -41.48 % |
| 1y % | -52.37 % |
| Market Cap | $230,336,722,072.00 |
| Official Links | Website | Source Code |
| Socials | Reddit | X |
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