Key Points:
- Whales added 260,000 ETH, pushing holdings near 29.62M and reducing circulating supply.
- ETH 2.0 staking locks nearly 30% of supply, creating a strong supply squeeze.
- Ethereum leads with $1.6B in weekly net inflows, outpacing all other chains.
Ethereum whales added around 260,000 ETH in the past 24 hours, pushing total whale holdings near 29.62 million ETH. This marked a sharp increase in accumulation following a relatively quiet period in the market.
Such heavy buying often reduces circulating supply and has historically signaled local price rebounds driven by renewed investor confidence.
Staking, Supply Constraints, and Structural Support Build Bullish Momentum
Nearly 30% of Ethereum’s total supply is now staked in ETH 2.0, removing roughly $130 billion worth of ETH from circulation. This creates a consistent supply squeeze and lowers sell pressure, especially when paired with rising long-term holding behavior.
Ethereum’s staking participation reflects sustained investor confidence while institutional demand continues to grow. Combined, these factors have kept ETH stable around the $4,300 range, despite broader market volatility and weekly losses.
In parallel, Ethereum’s role in tokenizing assets continues to strengthen as the total market cap of tokenized assets now exceeds $300 billion. This provides a foundational support level for ETH’s overall valuation, especially during uncertain price action.
Token Terminal data shows Ethereum’s fully diluted market cap often rises in tandem with growth in tokenized asset value. These assets include stablecoins, DeFi collateral, and tokenized real-world assets that anchor long-term demand on the Ethereum network.
Short Liquidations and Net Inflows Reinforce Price Recovery Potential
Coinglass data confirmed that over $35.5 million in short positions were liquidated within just four hours as markets flipped bullish. Ethereum contributed $11.73 million to that figure, as short sellers were caught off-guard by price momentum.
Bitcoin’s breakout above $110K fueled the broader rally, triggering liquidations across multiple altcoins and adding pressure to bearish traders. Ethereum responded with modest gains, trading around $4,414.58 with slight positive returns across hourly and daily timeframes.
Capital inflows into Ethereum remain strong as Artemis data shows $1.6 billion in net inflows last week, leading all other chains. While Polygon PoS and Avalanche experienced negative flows, Ethereum strengthened its position as the top liquidity and settlement layer.
With this level of accumulation, staking participation, and consistent capital flow, Ethereum maintains a structurally bullish setup. If retail demand aligns with whale activity, ETH could attempt a sustained recovery beyond the $4.4K zone.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/analysis/will-eth-reverse-weekly-losses-as-whales/