Ethereum Whales Accumulate Massive Stake as Retail Traders Exit Positions

Ethereum’s price hovered around $3,875 on Thursday, experiencing a 3.7% decline for the week. However, this period witnessed significant accumulation by large investors, with whales adding approximately $660 million worth of Ether over a 48-hour window. This contrasting activity creates a tug-of-war dynamic that has prevented the cryptocurrency from recovering from last week’s losses. While large holders remain bullish, short-term traders continue to exit their positions, creating uncertainty in the market.