- ETH whales accumulate $480M following market decline.
- Large leveraged positions raise stability concerns.
- Similar to past cycles indicating potential market shifts.
Ethereum whales have reportedly accumulated $480 million in ETH following a significant market crash in October 2025, as identified by on-chain trackers like Lookonchain and Arkham Intelligence.
This accumulation impacts market dynamics and suggests upcoming volatility, with parallels to previous cycle tops and historical trading patterns.
Ethereum whales have amassed approximately $480 million in ETH after an October market crash. Consistent wallet activity and leveraged positions are influencing market sentiment, echoing historical cycle tops, according to notable KOLs and on-chain history.
Entities involved in the ETH accumulation include trading syndicates and institutions. Reports suggest Bitmine Immersion Technologies expanded holdings to 2.96 million ETH. Speculation surrounds possible connections to former Binance executive Garrett Jin, though verification is pending.
The market experienced immediate reactions, with an increased ETH/BTC ratio as whales influenced buying pressure. Dormant BTC wallets reactivated, adding to the volatility and reflecting the interconnectedness of cryptocurrency assets.
Financial implications include new leverage and hedging positions by whales, with a significant wallet opening $900 million in short positions on BTC and ETH. Analysts interpret it as market hedging or bearish bets, heightening volatility risks.
Whale activity impacts DeFi protocols, with Ethereum’s TVL showing recovery as large accounts rebalance post-crash. However, risks of further liquidations remain due to high leverage ratios, driving caution in investor behavior.
Past whale accumulations after price collapses often signaled temporary recoveries or tops. Historical data and substantial short positions suggest potential market volatility. Experts urge careful evaluation of leverage and liquidity levels in crypto markets.
Source
- Coin Bureau, Crypto KOL: “A massive $11 BILLION Bitcoin whale just opened $900M in short positions on $BTC and $ETH.”
The Interconnected nature of crypto assets is illustrated by whale-driven pressure. Alphractal and Lookonchain are consistently observing market trends, providing valuable insights.
