Ethereum (ETH) has seen a recent cooling of demand, especially among top whales. However, data shows these whales may be back in the game. Recent market analysis highlights that a key group of Ethereum whales, those holding 10,000 to 100,000 ETH, have been actively accumulating this cryptocurrency since April and are now re-accumulating after recent price dips. This resurgence among top investors could signal another significant surge in ETH prices. 📈 Ethereum’s rise is further fueled by a shift in institutional preference. CryptoQuant data shows that while Bitcoin (BTC) enjoyed greater early liquidity, Ethereum ETFs have recently surpassed Bitcoin ETFs. The increased demand for Ethereum ETFs during Q3 2025, along with the bullish market sentiment, points towards a potential altcoin season and rising confidence among traders.