Ethereum Price Falls, But Whales Push Holdings To 10-Week High
Summary
Large Ethereum holders with at least 100,000 ETH have kept accumulating despite recent price weakness. Their combined holdings have risen since early May and now total about 17.41 million ETH, the highest in roughly nine weeks. That stake represents 22.03% of Ethereum’s supply, a 10-week high. The trend is notable because it continued even as the market turned bearish in the second half of the month. Still, their overall holdings remain below the broader downtrend seen since Q4 2025, so the longer-term reversal is not yet confirmed. Ethereum has fallen more than 6% over the past week and has dropped back below $2,000 for the first time since late March.
