Ether Accumulation by Whale Boosting Bullish Sentiments Around ETH Price
  • The whale wallet accumulated 60,333 ether over seven days for approximately $238.7 million.
  • The 15 whale wallets previously received 406,117 ether for around $1.6 billion.
  • ETH prices are below $4K.

The OTC whales purchased over 60k of ether in 7 days. This has increased confidence in ETH prices, which is now the newest low, recently. Emotions are bullish around Ethereum tokens when the Spot Ethereum ETF made the leaks stand out for four consecutive days this week.

OTC whale bought ether

According to the report, 60,333 ether was accumulated by OTC wallets over seven days. Their collective value is estimated at around $238.7 million, an average of around $4,230. This has sparked bullish feelings over the future of ETH prices. However, there are concerns as OTC wallets are sitting at an estimated $16 million loss, according to the report.

Nevertheless, the community appears to be unhindered as 15 whale wallets have previously received 406,117 ether. Their collective value was approximately $1.6 billion and was received from Galaxy Digital, Kraken, Falcomx and Bitgo.

The report shared this after posting an update notifying the community that 11 wallets have received 295,861 Ethereum tokens. The source was the same, with a collective amount of approximately $1.19 billion.

ETH Price Plummet

Reports of whales receiving and accumulating Ethereum tokens come when ETH prices plummet to $3,935.05. This is a 1.7% decrease over the last 24 hours and a 13.1% decrease over the last 7 days. The global crypto market is in turmoil. This is evident from the fact that even BTC loses a support margin of around $110,000.

Short-term ETH price forecasts estimate that ether will skyrocket 11.61% over the next 30 days. This brings a value of around $4,415.93, with a volatility of 3.43%. The oscillator shows the community for which the community can purchase tokens, while the moving average shows the sales options. It is the whale wallets that accumulate or receive Ethereum tokens in this situation.

Spot Ethereum ETF Spill Streak

Another factor that has attracted attention from the ethereal community is the continuous spills from the Spot Ethereum ETF. On September 25th, 2025, it showed an outward movement of $251.2 million. This is the fourth consecutive day this week when ETFs have marked a negative flow of funds. This came a month after a record influx worth $1.01 billion.

The spill was led by Fidelity (Feth) and recorded $158.1 million. Grayscale (Ethe) continued to leak $30.3 million. Interestingly, no influx was recorded yesterday to relieve damage to the Spot Ethereum ETF. The cumulative total was $133.9 billion on September 25th, 2025.

The content of this article is neither recommendations nor advice regarding crypto trading and investments. In-depth research and risk assessments are conducted.

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