Ethereum Whales Go on Buying Spree as Fed Rate Cut Probability Hits 80%

Major Ethereum holders are accumulating ETH positions as macroeconomic conditions shift dramatically.

The Fed Factor

With Federal Reserve rate cut expectations surging to 80%, cryptocurrency whales are positioning themselves for what could be the next major bull cycle. The traditional finance crowd finally wakes up to what crypto investors knew all along—when fiat weakens, digital assets strengthen.

Whale Movement Patterns

Large-scale Ethereum transactions have spiked significantly, indicating sophisticated money flowing back into the second-largest cryptocurrency. These aren't retail FOMO buyers—these are calculated moves by players who understand both technical charts and macroeconomic trends.

The Institutional Shift

While Wall Street analysts debate whether we're in a new regime, crypto whales are simply accumulating. They've seen this movie before: easy monetary policy creates the perfect environment for risk assets, and Ethereum stands to benefit disproportionately given its established ecosystem and upcoming protocol improvements.

Another quarter, another Fed pivot—but this time, the smart money isn't waiting for the official announcement to make their move. The whales are already swimming.

TLDR

• Ethereum price holds above $2,900 after rising 2% to $2,903 in the last 24 hours
• US spot Ethereum ETFs recorded $96.67 million in net inflows on November 24, with BlackRock contributing $92.6 million
• Large investor BitMine increased holdings by 69,822 ETH worth over $200 million last week
• Whale wallets holding 10,000-100,000 ETH accumulated 440,000 ETH over the past week
• Federal Reserve rate cut odds jumped from 30% to over 80%, potentially supporting crypto prices

Ethereum price traded at $2,903 on November 25, marking a 2% increase in the last 24 hours. The second-largest cryptocurrency maintained its position above the $2,900 level as institutional money flowed back into the market.

US spot ethereum exchange-traded funds recorded $96.67 million in net inflows on November 24. BlackRock’s Ethereum ETF accounted for $92.6 million of that total. This marked the first inflow for BlackRock’s product in two weeks.

The ETF inflows came after an eight-day streak of outflows. Monday’s data showed two consecutive days of positive flows for Ethereum ETF products.

On November 25, Bitcoin spot ETFs recorded total net inflows of $129 million, with Fidelity’s FBTC leading the day at $171 million in net inflows. Ethereum spot ETFs saw $78.58 million in total net inflows, marking a third consecutive day of positive flows. Solana spot ETFs… pic.twitter.com/1Fgev1P6Pw

— Wu Blockchain (@WuBlockchain) November 26, 2025

Large investor BitMine added 69,822 ETH to its holdings last week. The purchase was valued at more than $200 million. BitMine now holds 3.63 million ETH, representing approximately 3% of Ethereum’s total supply.

The Coinbase Premium Index ROSE from -0.12 last Thursday to -0.02 on Monday. The metric tracks the price difference between Coinbase and other exchanges. The increase suggests US investors are pricing Ethereum higher than they were a week ago.

Whale Activity Shows Mixed Signals

Whale wallets holding 10,000 to 100,000 ETH accumulated 440,000 ETH over the past week. These large holders appeared to push prices back above their average cost basis.

Smaller whale wallets showed different behavior. Wallets holding 1,000 to 10,000 ETH distributed 100,000 ETH during the same period. Wallets holding 100 to 1,000 ETH sold 120,000 ETH.

ETH futures saw net outflows of $4.31 billion over the past seven days. However, inflows of $735.46 million came in over the past three days. This showed a slight return of interest in Leveraged positions.

The wider crypto market gained 1.24% as uncertainty eased. Bitcoin, Solana, XRP, and Dogecoin all experienced minor price increases.

Rate Cut Expectations Rise

Federal Reserve rate cut expectations jumped last week. The odds of a December rate reduction rose from around 30% last Thursday to over 80% on Tuesday. The change in expectations came from CME FedWatch tool data.

Ethereum traded in a range between $2,700 and $3,300 in recent weeks. The price action indicates a consolidation phase. Traders are watching the $3,000 resistance level closely.

$ETH/weekly#Ethereum is still in a slow bull mode, repeating the patternpic.twitter.com/16GL7k5OYJ

— Trader Tardigrade (@TATrader_Alan) November 25, 2025

The MACD indicator crossed above the signal line. The histogram turned positive. These technical signals suggest potential upward momentum in the NEAR term.

The RSI sits near the neutral line of 50. A MOVE above this level could indicate additional buying pressure. A drop below the $2,700 support level could trigger further downside.

Futures liquidations totaled $80.8 million over the past 24 hours. Short liquidations made up $51.3 million of that amount. The data came from Coinglass.

Ethereum is testing the descending channel’s upper boundary. A break above the $3,100 resistance could push prices toward the 20-day Exponential Moving Average.