Ethereum Whales Accumulate 1.5 Million ETH as Retail Traders Cash Out

In the past month, large Ethereum wallets have increased their holdings while smaller investors have been taking profits. Network activity has fluctuated, but major traders remain active as retail traders cash out amid stable prices.

Whales and Sharks Increasing Holdings

Wallets holding between 1,000 and 100,000 ETH added nearly 1.5 million ETH in 30 days.
This represents a 3.70% increase in their total holdings, now exceeding 41 million ETH, about 25% of all Ether in circulation.

There are currently 6,392 wallets holding between 1K and 100K Ethereum. Over the past month alone, these key whale and shark wallets have rapidly added more coins as retail traders have taken profit. — Santiment (@santimentfeed) June 13, 2025

Sideways Trading and Price Moves

Ethereum's price is around $2,625, up 5% in the last 14 days and 5.4% over the past month.
The current price is approximately 45% below its all-time high.
Market sentiment appears cautious, with both buyers and sellers lacking strong conviction.

Rising Activity on Layer 2 and Services

Transaction volume for Ethereum Name Service increased by over 300% in the second week of July.
Lending protocols on Ethereum saw a rise of more than 200%.
Transfers of USDC on layer 2 networks—Base, Arbitrum, and Optimism—recorded triple-digit gains.

Spot ETF Inflows Update

US spot Ether products experienced inflows for 19 consecutive days, totaling $1.37 billion, primarily into BlackRock’s iShares Ethereum Trust.
On the day the streak ended, there were only $2 million in outflows.

Currently, big wallets continue to accumulate Ether while smaller traders secure profits. Increased network activity on services and layer 2 solutions indicates growing engagement in the ecosystem. Institutions are also investing in Ethereum through ETFs, suggesting potential upward movement when demand meets a price trigger.