Why Whales Are Betting Big on Ethereum for 2025

Despite a bearish crypto market and recent Bybit security breaches, prominent investors are continuing to accumulate Ethereum (ETH) – indicating strong faith in the asset’s long-term potential. This bullish trend is evident as ETH approaches a critical support level at $2,300, which will be crucial in preventing further declines towards $2,000. 24% increase in ETH balances by large investors holding between 10,000 and 100,000 ETH in the last year is a significant indicator of confidence. Analysts point to expanding decentralized finance (DeFi) applications and growing institutional interest as key factors driving this surge.