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Ethereum Price Analysis: Why Whales Added $2 Billion in ETH While Price Fell 12%

Summary by 247wallst.com
The post Ethereum Price Analysis: Why Whales Added $2 Billion in ETH While Price Fell 12% appeared first on 24/7 Wall St.. Quick Read Per Santiment, Ethereum whales excluding exchanges, custodians, and staking pools added more than $2 billion in steady accumulation between May 1 and May 29, even as ETH’s price fell roughly 12% over the same window Wallets holding at least 100,000 ETH now collectively hold 17.41 million tokens, the most in nin…

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Ethereum again shows contradictory signs for the market. As the largest whales in the network continue to increase their positions and reach peaks of accumulation not seen in weeks, the technical landscape continues to deteriorate. The combination of selling pressure, massive capital outflows from the ETF spot and a weakened graphic structure keeps open the possibility of a much deeper correction for the second largest cryptocurrency on the mark…

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Coinfomania broke the news on Friday, May 29, 2026.
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