Ether Accumulation by Whale Boosting Bullish Sentiments Around ETH Price

  • A whale wallet, over 7 days, accumulated 60,333 Ether for approximately $238.7 million.
  • 15 whale wallets earlier received 406,117 Ether for around $1.6 billion.
  • ETH price falls below $4k.

An OTC whale bought over 60k Ether over 7 days. This has boosted confidence around ETH price, which is currently below the mark of $4k, a new low in recent times. Sentiments are bullish around the Ethereum token when Spot Ethereum ETF has marked outflow for the 4th consecutive day this week.

OTC Whale Bought Ether

According to a report, 60,333 Ether were accumulated by an OTC wallet over 7 days. Their collective value is estimated to be approximately $238.7 million, with an average of around $4,230. This has sparked bullish sentiments around the future of ETH price. However, there are also concerns around it because the OTC wallet is, per the report, sitting on an estimated loss of $16 million.

Nevertheless, the community seems to be undeterred, as 15 whale wallets earlier received 406,117 Ether. Their collective value was around $1.6 billion, and they were received from Galaxy Digital, Kraken, FalcomX, and BitGo.

The report shared this after posting an update informing the community that 11 wallets had received 295,861 Ethereum tokens. Sources were the same, and the collective amount was approximately $1.19 billion.

ETH Price Plummets

Reports of whale wallets receiving or accumulating Ethereum tokens come at a time when ETH price has plummeted to $3,935.05. That is a decline of 1.7% over the past 24 hours, and a 13.1% fall in the last 7 days. The global crypto market is in turmoil, which is evident from the fact that even BTC has lost the support margin of around $110,000.

Short-term ETH price prediction estimates Ether to surge by 11.61% in the next 30 days. This would take the value to around $4,415.93 amid the volatility of 3.43%. Oscillators are indicating the community to buy the token, while Moving Averages are signaling the option to sell. What’s staying in the limelight are whale wallets accumulating or receiving Ethereum tokens in this situation.

Spot Ethereum ETF Outflow Streak

Another factor that is grabbing the attention of the Ether community is the streak of outflows from Spot Ethereum ETF. It marked an outward movement of $251.2 million on September 25, 2025. This is for the fourth consecutive day this week that the ETF has marked a negative flow of funds. This has happened almost after a month when there was a record inflow worth $1.01 billion.

Outflows were led by Fidelity (FETH) which noted $158.1 million. Grayscale (ETHE) followed with an outflow of $30.3 million. Interestingly, no inflow was recorded yesterday to soften the damage on Spot Ethereum ETF. The cumulative total stands at $13.39 billion as on September 25, 2025.

The contents of this article are neither recommendations nor advice for crypto trading and investment. Do thorough research and risk assessment.

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Source: https://thenewscrypto.com/ether-accumulation-by-whale-boosting-bullish-sentiments-around-eth-price/