#ETH Whale Accumulation Hits Seven-Year Peak With 871K
$ETH Daily Surge
Glassnode data reveals that
$ETH #whale wallets holding 1,000 to 10,000 tokens added over 871,000
$ETH on June 12.
This represents the highest daily net inflow year-to-date for these addresses.
For nearly a week straight, daily whale accumulation has exceeded 800,000 $ETH.
Total holdings in 1K-10K wallets have now pushed above 14.3 million $ETH.
New
$ETH addresses spiked strongly when
$ETH dropped below $2,000 earlier this year.
This indicates significant accumulation occurred at those lower price levels.
The coordinated buying suggests renewed institutional confidence despite current price consolidation.
$ETH faces short-term resistance, but #whale behavior indicates positioning for future catalysts.