#Ethereum Whale Accumulation on the Rise


According to Glassnode, addresses holding 10,000+ ETH have increased their holdings by 9.3% since October 2024 — growing from 37.56M ETH to 41.06M ETH.


This sharp rise in accumulation by large holders signals:


* Renewed whale confidence


* Potential long-term positioning for Ethereum-based developments (e.g., ETFs, L2s, restaking)


* A possible supply squeeze if demand continues to rise


#crypto


$ETH

image
July 09, 2025 at 2:41 PM