Ethereum Whale Buyout: 14% Supply Accumulated in Five Months

A significant trend has emerged in the Ethereum market, as large investors known as whales have been accumulating substantial amounts of the cryptocurrency. Recent data shows that these influential entities have amassed a whopping 14% of the total ETH supply over the past five months. This buying spree, driven by anticipation of future upgrades and strong belief in the long-term value of Ethereum, has sparked significant interest within the market. Let’s delve into the drivers behind this whale activity and its potential impact on the Ethereum ecosystem.