- A prominent, early Bitcoin investor has shifted over $1 billion from Bitcoin to Ethereum and locked it up in staking.
- Data from Santiment reveals that Ethereum whales are heavily accumulating, adding 260,000 ETH in just one day.
- Spot Ethereum ETFs in the U.S. witnessed inflows of $3.8 billion during August. Publicly traded companies now possess 3.1 million ETH.
While the price of Ethereum has seen a correction from its recent all-time high around $4,947, currently trading near $4,386 as of Tuesday, September 2, 2025, underlying data from the blockchain paints a very different picture.
Despite short-term price volatility, substantial investors, including whales, institutions, and even those who got in early on Bitcoin, are aggressively acquiring ETH, suggesting strong confidence in its long-term potential.
Ethereum Dip Attracts Large-Scale Buyers
Savvy investors are seemingly capitalizing on the recent dip to increase their holdings, with various on-chain indicators pointing towards a bullish outlook.
Santiment Data Highlights Whale Accumulation
According to Santiment’s on-chain analysis, Ethereum wallets holding between 10,000 and 100,000 ETH have added 260,000 ETH in the past 24 hours. This cohort now collectively holds a total of 29.62 million Ethereum coins.
Bitcoin Investors Shifting Focus to Ethereum?
Indeed, capital is shifting…