ETH Whale Balances Hit Record 20.6M ETH

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Coinomedia2025/09/12 06:39

By:Ava NakamuraAva Nakamura

ETH whale wallets now hold a record 20.6 million ETH, signaling strong accumulation from large holders.What Does This Mean for Ethereum?A Closer Look at Whale Behavior

ETH whale wallets reach an all-time high of 20.6M ETH.
Addresses with 10K–100K ETH show steady accumulation.
Could signal bullish sentiment among Ethereum whales.

Ethereum whale balances have surged to a new record. According to recent on-chain data, addresses holding between 10,000 and 100,000 ETH now collectively hold 20.6 million ETH — the highest level ever recorded.

This increase in holdings from high-net-worth wallets is a notable signal in the crypto space. It suggests confidence in Ethereum’s long-term value, as large players rarely make impulsive moves. Instead, their behavior often points to accumulation ahead of potential price surges or major network developments.

What Does This Mean for Ethereum?

The rise in ETH whale balances may reflect optimism regarding Ethereum’s future. Whether it’s anticipation of ETH 2.0 upgrades, expanding DeFi utility, or ETF expectations, whales appear to be betting big on Ethereum’s continued success.

Historically, when whales accumulate, it often precedes a bull run or at least a period of price stability. These wallets are typically long-term holders who influence market trends with their activity. With 20.6M ETH now under whale control, the market could be entering a phase of reduced selling pressure, which may help ETH maintain or grow its value in the coming months.

🔥BIG: ETH WHALE BALANCES AT RECORD HIGH

ETH addresses holding between 10k-100k ETH have reached a new high of 20.6m ETH! pic.twitter.com/qpnHTFnmHR
— Coin Bureau (@coinbureau) September 11, 2025

A Closer Look at Whale Behavior

Addresses in the 10K–100K ETH range aren’t small players—they include institutions, early adopters, and major crypto funds. Tracking their activity offers insight into market sentiment among the most influential Ethereum holders.

Recent data suggests that not only are these whales holding more ETH, but they’re also moving less of it to exchanges. This could signal an intent to hold rather than sell, reducing potential downward pressure on the market.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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