Etherem is experiencing a renewed whale accumulation even though the price is not performing reasonably below $3000.
Mega-investors are pulling tokens out of the exchanges and constructing long positions as the mood levels off.
Ethernet is still performing under pressure, but chain statistics indicate that large holders have been buying consistently. A number of huge wallets took considerable amounts of ETH off of Binance, lowering exchange supply even more. The proposed activity implies strategic positioning as opposed to short-term speculation.
Withdrawal of Ethers contract exchange reserves
Blockchain data are indicating that Ether whales pulled out over 8000 ETH from Binance in hours. The most recent dip of the tokens was taken up by three new wallets that were formed. Binance holdings are currently close to 3.88 million ETH.
In all trades, there was a fall of Ethereum balances to approximately 16.22 million ETH. It is a historical low in this level. Most tokens have been committed to smart contracts or long-term staking. The weekly emissions are averaged at around 17000 ETH, and the number of buyers is taking up the majority of these.
An activity of smart contracts is still burning a minor fraction of newly issued tokens. Although network use slows down, the demand is adequate to compensate for emissions. There is low participation of retailers, and most of the action is taken by big holders.
Whales favor Hyperliquid for spot and leveraged trades
Binance withdrawals are not the only types of Ethereum accumulation. A number of whales are making purchases in hyperliquid and levered exposure. The last purchase of 2249 ETH was made by a single wallet in the recent decline to below $3000.
One of the largest whales is the biggest long-time investor on Hyperliquid, with its value close to $600 million. The trader was known as Everett Jin, who had earlier shorted the market prior to October. The post has $39 million of unrealized gains attached to it.
The whale has been adding collateral since, which is an indication of optimism in the eventual recovery. There are other big traders who hold lesser positions following the previous liquidation. The only two whales that have an above $100 million on the platform are the whales.
Arthur Hayes is also the one who sold 508 ETH to Galaxy Digital. The transfer can be an indication that he is planning to sell, but this is not confirmed. General positioning is the presence of mixed strategies among the powerful parties.
Ethereum sentiment stabilizes as open interest rises
The market sentiment on Ethereum went back to neutral, and the fear and greed index was at 42 points. It is after several weeks of deep fear country. The open interest grew to $17.7 billion as opposed to $17.4 billion.
The open interest has increased because of the whale activity, but not the retail demand. Smaller investors continue to trade at low volumes. Ethereum is currently at a price of 2700 to $3000.
Ether is still at a year-to-year decline of 11.5%. The performance of December is already declining at 1.48%. The property has lost almost a quarter of its assets within the quarter.
Despite these losses, whale accumulation goes on. The trend implies the stabilization forecast but not the immediate recovery. Ether can be at a loss at the end of 2025, but big players seem to be holding volatility.
