Ethereum whales have quietly launched their most aggressive buying spree in years. Data from Glassnode and Lookonchain shows that wallets holding between 1,000 and 10,000 ETH added 818,410 ETH worth $2.5 billion in just four months, effectively doubling their holdings. This is the largest accumulation campaign since the 2018 bear market bottom.
Not only mid-tier wallets but also mega-whale wallets holding over 10,000 ETH have grown to ~1,200 addresses, a level not seen since the 2021 bull run. This suggests long-term investors and institutions are preparing for a new phase of growth.
Ethereum Exchange Reserves at Multi-Year Lows
On-chain data shows Ethereum exchange reserves have fallen to their lowest level in years, creating what experts call a real supply shock. With fewer coins available on exchanges and steady buying pressure from whales and institutions, scarcity is building into the market.
The trend mirrors the 2018 cycle, when Ethereum whales heavily accumulated at the market bottom. That phase preceded ETH’s meteoric rise from $80 to $4,800. Current behavior suggests whales are once again betting on a similar outcome.
Ethereum ETFs have already recorded over $1 billion in net inflows, confirming growing institutional interest. Combined with whale buying, regulatory clarity, and Ethereum’s fundamentals, the setup points toward major price discovery.
Can Ethereum Break Into Five Digits?
Ethereum is currently priced around $4,410, just 9% below its all-time high. Analysts suggest that if whale activity follows the 2018 pattern, ETH could surge into five-digit territory, with Tom Lee predicting the ETH Price to range between $15,000 and $25,000 by 2025.
Ethereum whales and institutions are accumulating at their fastest pace since 2018. With exchange reserves shrinking and demand surging, the stage may be set for an explosive rally similar to past cycles.
var templateIds = "6";
var listOfSubscribed = [];
function subscribed_popupmodal(template_id) {
var templateId = '6';
getAllSubscriberCategoryList([templateId]);
var subcribemodal = window.parent.document.getElementById('subscribe-modal-design');
if (subcribemodal) {
var modalContent = `
Never Miss a Beat in the Crypto World!
Stay informed and gain the edge you need to navigate the crypto world. Select your subscription now
`;
subcribemodal.innerHTML = modalContent;
}
subscribe_unsubscribe_status(template_id);
//getAllSubscriberCategoryList(template_id);
}
function toggleSubscription(subscription, template_id) {
var subscriptionCheckbox = document.getElementById(subscription + '_' + template_id);
var li = document.getElementById(subscription + 'Selected_' + template_id);
if (subscriptionCheckbox.checked) {
li.classList.add('active');
} else {
li.classList.remove('active');
}
}
function getAllSubscriberCategoryList(getcategoryId) {
jQuery.ajax({
url: 'https://coinpedia.org/wp-admin/admin-ajax.php',
type: 'GET',
data: {
action: 'subscribe_api_ajax_request',
apiurl: '/app/email_newsletter/list',
},
success: function(response) {
var result = JSON.parse(response.message);
if (result.status === true) {
var idstosubscribed = []
// Populate listOfSubscribed with subscribed category IDs
result.message.forEach(listofcategory => {
if (listofcategory.subscribe_status === 1) {
if (!listOfSubscribed.includes(listofcategory._id)) {
listOfSubscribed.push(listofcategory._id);
}
if (!idstosubscribed.includes(listofcategory.news_cp_category_row_id)) {
idstosubscribed.push(listofcategory.news_cp_category_row_id);
}
}
});
idstosubscribed.forEach(id => {
var subscribeButton = document.getElementById('subscribe_' + id);
var unsubscribeButton = document.getElementById('unsubscribe_' + id);
if (subscribeButton && unsubscribeButton) {
subscribeButton.style.display = 'none';
unsubscribeButton.style.display = 'block';
var showDownloadReport = document.getElementById('download_report');
if (showDownloadReport) {
showDownloadReport.style.display = 'block';
}
}
});
}
},
error: function(xhr, status, error) {
console.error('Error:', error);
}
});
}
function subscribe_unsubscribe_status(getcategoryId) {
var elementTounsubscribe = parent.document.getElementById('unsubscribe_' + getcategoryId);
var elementTosubscribe = parent.document.getElementById('subscribe_' + getcategoryId);
jQuery.ajax({
url: 'https://coinpedia.org/wp-admin/admin-ajax.php',
type: 'POST',
data: {
action: 'subscribe_api_ajax_request',
apiurl: '/app/email_newsletter/list?category_row_id=' + getcategoryId,
},
success: function(response) {
var result = JSON.parse(response.message);
if (result.status === true) {
parent.jQuery('.skeliton-loader-block').hide();
var hasSubscribeStatusOne = false;
result.message.forEach(subscribeStatus => {
if (listOfSubscribed.includes(subscribeStatus._id) && subscribeStatus.subscribe_status === 1) {
hasSubscribeStatusOne = true;
}
if (subscribeStatus.notification_type === 3) {
parent.document.getElementById('monthlySelected_' + getcategoryId).style.display = 'block';
parent.document.getElementById('monthly_' + getcategoryId).setAttribute('data-id', subscribeStatus._id);
if (subscribeStatus.subscribe_status === 1) {
parent.document.getElementById('monthly_' + getcategoryId).checked = true;
}
} else if (subscribeStatus.notification_type === 2) {
parent.document.getElementById('weeklySelected_' + getcategoryId).style.display = 'block';
parent.document.getElementById('weekly_' + getcategoryId).setAttribute('data-id', subscribeStatus._id);
if (subscribeStatus.subscribe_status === 1) {
parent.document.getElementById('weekly_' + getcategoryId).checked = true;
}
} else if (subscribeStatus.notification_type === 1) {
parent.document.getElementById('dailySelected_' + getcategoryId).style.display = 'block';
parent.document.getElementById('daily_' + getcategoryId).setAttribute('data-id', subscribeStatus._id);
if (subscribeStatus.subscribe_status === 1) {
parent.document.getElementById('daily_' + getcategoryId).checked = true;
}
}
if (subscribeStatus.subscribe_status === 1) {
listOfSubscribed.push(subscribeStatus._id);
}
});
if (hasSubscribeStatusOne) {
elementTosubscribe.style.display = 'none';
elementTounsubscribe.style.display = 'block';
} else {
elementTosubscribe.style.display = 'block';
elementTounsubscribe.style.display = 'none';
}
}
},
error: function(xhr, status, error) {
console.error('Error:', error);
}
});
}
function logSelectedSubscriptions(categoryid) {
var unsubscribemodal = document.querySelector('.unsubscribed-popup-modal .modal');
var subscribedmodal = document.querySelector('.subscribed-popup-modal .modal');
unsubscribemodal.innerHTML='';
subscribedmodal.innerHTML='';
var selectedSubscriptions = [];
var storeCheckedId = [];
var checkboxes = document.querySelectorAll('#subscription-options-' + categoryid + ' input[type="checkbox"]');
var errorMessage = document.getElementById('error-message-select');
// Use a Set to handle unique data-ids
var uniqueSubscribedIds = new Set(listOfSubscribed);
checkboxes.forEach(function(checkbox) {
var dataId = parseInt(checkbox.getAttribute('data-id'));
if (checkbox.checked) {
selectedSubscriptions.push(checkbox.id);
storeCheckedId.push(dataId);
} else {
uniqueSubscribedIds.delete(dataId); // Remove unchecked data-id
}
});
// Update listOfSubscribed with unique values
listOfSubscribed = Array.from(uniqueSubscribedIds);
var selectedSubscriptionsString = selectedSubscriptions.join(', ');
var concatinateSubscribeId = [...new Set(storeCheckedId.concat(listOfSubscribed))];
var categoryData = {
'subscribed_categories': concatinateSubscribeId
};
var requestSubscriberData = {
action: 'handle_dynamic_api_request_with_headers',
security: 'e6bd6f09bb',
endpoint: '/app/email_newsletter/update_categories',
token: '',
data: categoryData
};
jQuery.ajax({
url: 'https://coinpedia.org/wp-admin/admin-ajax.php',
type: 'POST',
data: requestSubscriberData,
beforeSend: function(xhr) {
xhr.setRequestHeader('X-Requested-With', 'XMLHttpRequest');
},
success: function(response) {
try {
response = response.data;
if (storeCheckedId.length === 0) {
var unsubcribedPopUpmodal =
`
You’ve Unsubscribed Successfully
We're sorry to see you go! Your subscription has been canceled. If you change your mind, you can re-subscribe anytime. Thank you for being part of our community!
Thank you for subscribing to our crypto and blockchain newsletter! You’ll now receive the latest news, insights, and updates straight to your inbox. Welcome to our community!
`;
let selectedSubscriptionsArray = selectedSubscriptionsString.split(',');
let subscribedCategories = selectedSubscriptionsArray.map(subscription => subscription.split('_')[0]);
let subscribedCategoriesString = subscribedCategories.join(', ');
subscribedmodal.innerHTML = subscribedPopupModal;
if (document.getElementById('selectidname')) {
document.getElementById('selectidname').textContent = subscribedCategoriesString;
}
document.querySelector('#subscribe-modal-design .modal').style.display = 'none';
subscribedmodal.style.display = 'block';
subscribedmodal.classList.remove('hide');
subscribedmodal.classList.add('show');
document.getElementById('subscribe_' + categoryid).style.display = 'none';
document.getElementById('unsubscribe_' + categoryid).style.display = 'block';
var showDownloadReport = document.getElementById('download_report');
if (showDownloadReport) {
showDownloadReport.style.display = 'block';
}
}
} catch (e) {
console.error('Error parsing response:', e);
}
},
});
}
function closeModal(template_id) {
var modalId = template_id;
var modal = document.querySelector('#' + modalId); // Using querySelector to find the modal
if (modal) {
modal.classList.add('hide');
modal.classList.remove('show');
setTimeout(function() {
modal.style.display = 'none';
}, 500);
} else {
console.warn('Modal not found:', modalId);
}
}
function closeunsubscribemodal() {
var unsubscribemodal = document.querySelector('.unsubscribed-popup-modal .modal');
if (unsubscribemodal) {
unsubscribemodal.classList.add('hide');
unsubscribemodal.classList.remove('show');
}
setTimeout(function() {
unsubscribemodal.style.display = 'none';
}, 500);
}
function closesubscribemodal() {
var subscribedmodal = document.querySelector('.subscribed-popup-modal .modal');
setTimeout(function() {
subscribedmodal.style.display = 'none';
}, 500);
if (subscribedmodal) {
subscribedmodal.classList.add('hide');
subscribedmodal.classList.remove('show');
}
}
function withoutLoginClicked(withoutlogin_id) {
localStorage.setItem('subscribe_without_Login', 'true');
localStorage.setItem('subscribe_clicked_id', withoutlogin_id);
}
document.addEventListener('DOMContentLoaded', function() {
const subscribewithoutData = localStorage.getItem('subscribe_without_Login');
const subscribe_clicked_cat_id = localStorage.getItem('subscribe_clicked_id');
// Function to get cookies
function getCookie(name) {
let value = "; " + document.cookie;
let parts = value.split("; " + name + "=");
if (parts.length == 2) return parts.pop().split(";").shift();
}
// Get user token from cookies
const userToken = getCookie('user_token');
if (subscribewithoutData === 'true' && userToken) {
// Call the modal function with the category ID
subscribed_popupmodal(subscribe_clicked_cat_id);
// Remove the flag and category ID from localStorage
localStorage.removeItem('subscribe_without_Login');
localStorage.removeItem('subscribe_clicked_id');
}
});
/************************** update susbcriber content **************************** */
function initializeSubscriptionButton() {
var initialListItems = document.querySelectorAll('.subscription-options input[type="checkbox"]');
initialListItems.forEach(function(item) {
console.log(item.checked, 'Initial Checkbox checked status');
});
var listItems = document.querySelectorAll('.subscription-options li');
if (listItems.length === 0) return;
var anyActive = false;
listItems.forEach(function(item) {
var checkbox = item.querySelector('input[type="checkbox"]');
if (checkbox) {
if (checkbox.checked) {
item.classList.add('active');
anyActive = true; // Set anyActive to true
} else {
item.classList.remove('active'); // Remove 'active' class if checkbox is unchecked
}
}
});
}
function updateButtonText(anyActive) {
var subscribeButtonSpan = document.querySelector('.subscribe-submit .changeBtnText');
if (subscribeButtonSpan) {
if (anyActive) {
subscribeButtonSpan.textContent = 'Subscribe Now';
} else {
subscribeButtonSpan.textContent = 'Unsubscribe';
}
}
}
function updateSubscriptionButton() {
var listItems = document.querySelectorAll('.subscription-options li');
if (listItems.length === 0) return;
var anyActive = false;
listItems.forEach(function(item) {
var checkbox = item.querySelector('input[type="checkbox"]');
if (checkbox) {
if (checkbox.checked) {
item.classList.add('active');
anyActive = true; // Set anyActive to true
} else {
item.classList.remove('active'); // Remove 'active' class if checkbox is unchecked
}
}
});
// Update the button text based on whether any list item has the 'active' class
updateButtonText(anyActive);
}
document.addEventListener('click', function(event) {
var clickedItem = event.target.closest('.subscription-options li');
if (clickedItem) {
var checkbox = clickedItem.querySelector('input[type="checkbox"]');
if (checkbox) {
checkbox.checked = !checkbox.checked;
updateSubscriptionButton();
}
}
});
FAQs
Why are Ethereum whales buying so aggressively right now?
The data shows this is the largest accumulation since 2018. Whales and institutions are likely betting on a new growth phase, driven by low exchange reserves and rising institutional interest.
Can Ethereum’s price reach $15,000 or more?
Analysts suggest that if the current accumulation trend follows the 2018 pattern, ETH could surge into a new price range. Tom Lee has predicted a range of $15,000 to $25,000.
Enter Your Information Below To Receive Latest News, And Articles.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
GET YOUR SPECIAL OFFER!
Get the must-reads content for traders sent daily to you
