{"id":5404,"date":"2025-07-22T12:28:00","date_gmt":"2025-07-22T12:28:00","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ethereum-whale-accumulation-holds-strong-despite-price-pullback\/"},"modified":"2025-07-22T12:28:11","modified_gmt":"2025-07-22T12:28:11","slug":"ethereum-whale-accumulation-holds-strong-despite-price-pullback","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ethereum-whale-accumulation-holds-strong-despite-price-pullback\/","title":{"rendered":"Ethereum whale accumulation holds strong despite price pullback"},"content":{"rendered":"

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The recent price slide hasn\u2019t deterred big-money players, as large transactions over the past 24 hours show whales adding to their positions.<\/p>\n

According to Lookonchain data, one fresh wallet, which has been in a three-day accumulation streak, received 25,213 ETH (ETH) (worth $94.67 million) from FalconX in the early hours of July 22, 20225. The transaction pushed its total holdings to 72,333 ETH, valued at roughly $267 million at current prices.<\/p>\n

Around the same time, another newly created wallet withdrew 5,309 ETH ($19.96 million) from Binance, boosting its holdings to 19,391 ETH, worth $72.38 million.<\/p>\n

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Whales keep accumulating $ETH<\/a>!<\/p>\n

Fresh wallet 0x8eEa received another 25,213 $ETH<\/a>($94.67M) from #FalconX<\/a> 3 hours ago, with a total of 72,333 $ETH<\/a>($267M) in the past 3 days.<\/p>\n

Fresh wallet 0xD479 withdrew another 5,309 $ETH<\/a>($19.96M) from #Binance<\/a> 1 hour ago, with a total of 19,391\u2026 pic.twitter.com\/ogXvLiNbEq<\/a><\/p>\n

\u2014 Lookonchain (@lookonchain) July 22, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

But it\u2019s not just new entrants making moves. A long-dormant whale, which had been inactive for two years, recently resurfaced<\/a> to join the trend. This wallet scooped up 34,033 ETH in minutes for about $128.68 million, signaling fresh confidence in the asset at current price levels.<\/p>\n

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Institutional demand is also fueling this momentum. Asset manager BlackRock has spent approximately $1.76 billion buying ETH over the past week, according<\/a> to Arkham Intelligence. Earlier today, the firm purchased another 27,158 ETH, worth around $100 million. <\/p>\n

BlackRock\u2019s accumulation comes as demand for Ethereum ETFs continues to surge, with inflows hitting record levels since their inception.<\/p>\n

However, not everyone is buying. Lookonchain data shows some large holders are already taking profits. One tracked whale recently sold<\/a> 8,005 ETH at $3,751 for $30.03 million. Just two weeks earlier, the same wallet had bought 9,582 ETH for $26.11 million at around $2,725, securing a $9.87 million profit, a 38% gain in just 14 days.<\/p>\n

This selling pressure likely contributed to today\u2019s dip, which saw Ethereum hit an intraday low of $3,620 before rebounding to $3,649. ETH is down about 3.1% in the past 24 hours and sits 5.2% below this week\u2019s high of $3,850.<\/p>\n

Despite the pullback, ETH is still up 23% on the week and 62.3% over the past month, keeping market sentiment positive for higher price targets.<\/p>\n

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