Ethereum whales have accumulated $2.5 billion worth of ETH on Sunday, marking the largest single-day inflow since 2018. Wallets holding between 1,000 and 10,000 ETH acquired approximately 818,000 ETH in this period. This surge in accumulation coincides with the Ethereum price consolidating within a multimonth range, drawing parallels to the 2017 price breakout pattern. Over the past week, daily whale accumulation has consistently exceeded 800,000 ETH, pushing holdings in these wallets to over 14.3 million ETH. Additionally, Ethereum staking has reached an all-time high, with more than 35 million ETH locked and over 500,000 ETH added in the first half of June. Accumulation addresses have increased to 22.8 million ETH, contributing to a shrinking liquid supply and indicating growing investor confidence. This trend of whale accumulation has been accelerating since the second half of 2024, suggesting heightened market activity among large holders.
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