Ethereum Whales Accumulate 7.6M ETH, Signaling Potential Market Reversal
Large ethereum holders, often referred to as 'whales,' have significantly increased their ETH holdings by 7.6 million tokens since April 2025, marking a 52% surge in whale holdings. This accumulation comes as Ethereum prices hover around the $3,000 mark, a level that analysts believe could precede a trend reversal. Notably, wallets holding between 10,000 and 100,000 ETH have been the primary accumulators, while retail investors have reduced their positions by 16%. The recent spike in spot trading volume, observed since early November, mirrors historical compression phases that have previously preceded major rallies. This bullish activity among whales suggests growing confidence in Ethereum's potential for upward momentum, potentially setting the stage for a significant market movement in the near future.
Ethereum Whales Signal Potential Market Reversal with 7.6M ETH Accumulation
Large Ethereum holders are quietly increasing their exposure as prices hover near $3,000, a pattern analysts associate with impending trend reversals. Wallets holding 10,000–100,000 ETH have added 7.6 million tokens since April—a 52% surge in whale holdings—while retail investors reduced positions by 16%.
Spot trading volume spikes since early November mirror historical compression phases preceding major rallies. The accumulation coincides with improving macro sentiment, including potential resolution of the US government shutdown, which has buoyed risk appetite across digital assets.
Bitmine Immersion Technologies Doubles Down on Ethereum with $389M Purchase Amid Market Dip
Bitmine Immersion Technologies (BMNR), chaired by veteran strategist Tom Lee, has aggressively expanded its Ethereum holdings with a $389 million purchase despite recent price volatility. The publicly traded treasury company now controls over 3.5 million ETH worth $12.4 billion—solidifying its position as the world's largest institutional holder of the asset.
The acquisition advances Bitmine's ambitious goal to control 5% of Ethereum's total supply. Its holdings now dwarf second-place SharpLink Gaming's $3 billion ETH position, making Bitmine the second-largest crypto treasury globally behind only MicroStrategy's dominant Bitcoin reserves.
Market reaction was immediately positive, with BMNR shares climbing 1.7% in after-hours trading. The MOVE signals institutional conviction in Ethereum's long-term value proposition, including its proof-of-stake rewards and scaling roadmap.
Ethereum Whales Resume Accumulation as ETH Rebounds Above $3,500
Ethereum's resurgence past the $3,500 threshold has reignited accumulation patterns among large-scale investors. On-chain data reveals a marked increase in buying pressure from whale addresses, signaling renewed institutional confidence in the asset's long-term valuation.
Order flow analytics indicate strategic positioning NEAR the $3,200 support level. This accumulation phase follows weeks of outflows, suggesting whales perceive current prices as an optimal entry point before potential upward momentum.
Berachain Recovers Nearly All Funds Lost in Balancer-Linked Exploit
Berachain has successfully recovered nearly all funds lost in the recent Balancer V2 Composable Stable Pools exploit. The attack, which affected multiple chains, resulted in losses totaling $128 million across various platforms, including Berachain's decentralized exchange, BEX, which lost approximately $12 million.
The team swiftly responded by pausing affected vaults and liquidity pools, suspending HONEY minting, and coordinating a network-wide emergency stop among validators. A white-hat hacker, claiming responsibility for the exploit, contacted the foundation and facilitated the return of stolen funds. Pre-signed transactions ensured assets were returned to Berachain's deployer address upon the chain's restart on November 4.
Recovered assets include 5.7 million sUSDe, 2.15 million USDe, 3.2 million HONEY, and smaller amounts of wBERA, iBERA, wETH, and beraETH. Minor discrepancies and white-hat-owned tokens remain under processing, but the recovery covers nearly the entire value lost.
