Ethereum

bullish

Source

Galaxy

Read

<h2 class="wp-block-heading" id="strong-key-points-strong"><strong>Key Points</strong></h2>
<ul>
 <li>Whale wallets holding 10,000+ ETH hit 1,200, marking fastest accumulation since 2021.<br></li>
 <li>Bitmine boosts ETH holdings to $8.66B with a $69M buy from Galaxy Digital.<br></li>
 <li>Over $8B in shorts could be liquidated if ETH breaks above the $5,000 level.<br></li>
</ul>
<p>Ethereum is seeing a surge in whale activity as wallets holding over 10,000 ETH rise sharply in 2025. According to Glassnode, these addresses increased from under 900 to nearly 1,200 since early this year.</p>
<figure class="wp-block-image size-large"><img src="https://coincu.com/wp-content/uploads/2025/09/image-145-4-1024x511.jpg" alt="">
</figure>
<p>Ethereum Mega-Whale Address Count (Balance &gt; 10k ETH) | Source : glassnode</p>
<p>This marks the fastest accumulation rate in years and the highest number of such wallets since the 2021 bull market. At current prices near $4,484, each wallet holds over $44 million in ETH.</p>
<h2 class="wp-block-heading" id="strong-institutional-moves-and-high-leverage-bets-add-to-bullish-setup-strong"><strong>Institutional Moves and High-Leverage Bets Add to Bullish Setup</strong></h2>
<p>Institutional interest is growing rapidly as Tom Lee’s Bitmine <a href="https://x.com/arkham/status/1969140430009774190" rel="noopener noreferrer nofollow">added</a> another $69 million in ETH from Galaxy Digital. Bitmine now holds $8.66 billion in ETH, confirming a strong institutional conviction in Ethereum’s future upside.</p>
<p>In parallel, an anonymous whale <a href="https://x.com/DeFiTracer/status/1969266142641344826" rel="noopener noreferrer nofollow">opened</a> a $102.3 million long position at $4,550 with 25x leverage, showing high-risk confidence. This position risks liquidation near $3,877 and currently holds a $536K unrealized loss with $11K in funding costs.</p>
<h2 class="wp-block-heading" id="strong-short-squeeze-pressure-builds-as-eth-eyes-5k-strong"><strong>Short Squeeze Pressure Builds as ETH Eyes $5K</strong></h2>
<p>Meanwhile, according to Coinglass, if ETH breaks above $5,000, over $8 billion in short positions could face forced liquidation. The short cluster between $4,600 and $5,000 shows high exposure, signaling a potential volatility spike.</p>
<figure class="wp-block-image size-large"><img src="https://coincu.com/wp-content/uploads/2025/09/image-145-1024x475.png" alt="">
</figure>
<p>ETH Exchange Liquidation Map | Source : Coinglass</p>
<p>Whale buying and leveraged longs are aligning with this pressure zone, increasing the likelihood of a sharp <a href="https://coincu.com/analysis/ethereum-setup-4250-range-low/" rel="noopener noreferrer nofollow">upside move</a>. A breakout above $5,000 may lead to cascading liquidations, forcing shorts to buy back at higher prices.</p>
<h2 class="wp-block-heading" id="strong-price-action-remains-mixed-despite-accumulation-strength-strong"><strong>Price Action Remains Mixed Despite Accumulation Strength</strong></h2>
<p>ETH <a href="https://coinmarketcap.com/currencies/ethereum/" rel="noopener noreferrer nofollow">trades</a> at $4,484.15, showing a modest 0.18% gain over the past hour but remains down over the week. The 24-hour loss stands at 1.27%, while the 7-day decline totals 4.87%, showing lingering weakness.</p>
<p>Despite <a href="https://coincu.com/markets/crypto-market-index-drop-analysis/" rel="noopener noreferrer nofollow">price softness</a>, whale accumulation and potential liquidations create a bullish structure. If ETH holds above $4,400, it may stabilize and rebound.</p>
<figure class="wp-block-table">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on<a href="https://coincu.com/" rel="noopener noreferrer nofollow">&nbsp;this website</a>&nbsp;is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
   </tr>
  </tbody>
 </table>
</figure> <a href="https://coincu.com/?p=363312" rel="noopener noreferrer nofollow">Read original article on coincu.com</a>

Bullish Signal: Ethereum Whales Stack ETH at FASTEST Pace in Years!

Table of Contents

Coincu

Other articles published on Sep 20, 2025

Join our free newsletter for daily crypto updates!