Ethereum Whales Scoop $52M+ as Retail Sells—$4K Surge Ahead?

Key Points:

• BlackRock and top investors added $52M+ in ETH while retail investors continued to exit positions.
• Whales added 871K ETH in one day, marking the biggest accumulation spike so far in 2025.
• Staked ETH hits 35M, while non-selling wallets now hold 22.8M ETH—circulating supply shrinks fast.

Ethereum saw a sharp contrast in behavior between retail traders and large institutions in recent days. Asset manager BlackRock purchased $15 million worth of ETH while retail investors continued to sell. At the same time, another major investor acquired 15,000 ETH, valued at $37 million, and staked the full amount.

The unnamed whale is already known in the market for making a $30 million profit on Ethereum earlier. This individual still holds $110 million in USDC, indicating potential for further investment in ETH or related assets.

Whales Added 871K Ethereum (ETH) in One Day

According to blockchain data from Glassnode, Ethereum wallets holding between 1,000 and 10,000 ETH added over 871,000 ETH on June 12. This is the highest single-day net inflow recorded this year. Ethereum’s whale wallet holdings now exceed 14.3 million ETH.

These wallets have been increasing their ETH balances daily in the past week, with estimated daily accumulation near 800,000 ETH. Analysts note that this level of activity has not been seen since 2017, a period associated with major price movement.

Ethereum Staking Hits New High in June

As CoinCu reported, the total amount of staked ETH crossed 35 million. Over 500,000 ETH were added to staking contracts in the first two weeks of the month, locking more tokens out of active circulation. This trend suggests ongoing interest in long-term holding and network participation.

The rise in staking has coincided with a surge in ETH accumulation by long-term wallets. Addresses with no history of selling now hold a total of 22.8 million ETH. This is the highest recorded amount in this category, according to on-chain data.

Price Holds Near $2,500 as 50-Week EMA Tested

Ethereum was priced at $2,536.56 at press time, down 1.35% in 24 hours and 9.4% over the past week, based on Coingecko data. Despite the decline, some analysts are watching the 50-week EMA level closely.

Historically, ETH price increases between 25% and 135% after breaking above this moving average. If this trend repeats, Ethereum could reach the $4,000 level in the coming sessions.