Ethereum is experiencing a surge in accumulation by whale investors according to recent on-chain data and transaction alerts. Major transfers have been detected moving between exchanges and private wallets in the past 24 hours.
Ethereum whales move 150k coins
Recent Ethereum news shows major whale activity, with several massive transactions moving approximately 150,000 ETH across different wallets and exchanges. One of the biggest transfers, as per Whale Alert, a top blockchain tracking firm, was 76,800 ETH for $195,308,712 from Binance to Binance Beacon Deposit. It may possibly be for staking.
76,800 #ETH (195,308,712 USD) transferred from #Binance to Binance Beacon Deposithttps://t.co/GQH1bMSztZ
— Whale Alert (@whale_alert) May 12, 2025
The second significant transaction involved 40,930 coins valued at $104,655,422 transferred from an undisclosed wallet to custodial service Ceffu. Binance transferred 32,496 ETH valued at $82,956,333 to an undisclosed wallet.
The three transfers total more than 150,000 ETH, worth over $380 million. These transfers come just days after CoinGape reported a huge whale activity, with ETH investors accumulating 123,000 coins.
Whale accumulation hits new highs as price jumps
The movement of such large amounts of coins and other Ethereum news relating to whale activity suggets strategic positioning by large holders. Analyst Gordon picked up this trend and stated that “Whales are accumulating $ETH like never before” in a recent tweet.
Whales are accumulating $ETH like never before pic.twitter.com/dr6aKkKkkr
— Gordon (@AltcoinGordon) May 12, 2025
According to CryptoQuant data, accumulation addresses have reached historic levels of inflow. The chart above illustrates an eye-popping vertical spike in accumulation that surpasses all earlier inflow events in ETH’s history since its inception in 2017.
This growing accumulation is matched by the altcoin’s incredible price action across all time frames. ETH has risen by 38.6% over the past week and a whopping 50.6% over the past month.
The weekly price range shows ETH has traded between $1,763.97 and $2,582.98. A recent CoinGape market analysis also raised the possibility of the Ethereum price hitting $3,000 as over 66 million ETH turn profitable.
The CryptoQuant chart illustrates the historical relationship between the altcoin’s price (gray line) and inflows to accumulation addresses (purple bars). Although previous accumulation spikes have typically resulted in price increases, the latest spike is notable for its size.
Smart money accumulates during bear markets and sells during bull markets. Still, the evidence here implies whales are still betting on a further price surge despite the gains which ETH has already enjoyed.
The post Ethereum News: ETH Accumulation Hits New Highs As Whales Move 150k Coins appeared first on CoinGape.
