According to Santiment, the on-chain analytics platform, large Ethereum owners continue to accumulate despite the decline in retail trust following the recent market decline.
Crypto prices plummeted on Friday, with major altcoins hit hugely, and liquidation exceeding $1 billion. At one point, Ethereum fell more than 8%, reaching a minimum of $2,439. At the time of writing, ETH was barely high, up 0.15% in the last 24 hours to $2,532, falling for the third consecutive day since its June 11th high of $2,880.
Currently, 6,392 wallets are held between 1k and 100k Ethereum. In the past month alone, these major whale and shark wallets have quickly added coins as retailers are profiting.
Over the last 30 days, more $eth net of +1.49m has accumulated by pic.twitter.com/1hpbtuaorl
– santiment (@santimentfeed) June 13, 2025
Despite the changes in emotions, whale owners continue to accumulate. Over 1.49 million Ethereum has been accumulated in wallets of 1,000 to 100,000 ETH over the past 30 days, according to Santimento.
According to Santiment data, the current number of wallets holding 1,000-100,000 Ethereum is 6,392, and in the past month alone, these major whale and shark wallets have added more coins as retailers have made profits. Over 1.49 million ETH have been accumulated by the group in the last 30 days, increasing its holdings by 3.72%. This holder class currently controls 26.98% of the total ETH supply.
Ethereum SpotETFS gets hot
The Ethereum Spot ETF is heated based on on-chain data. According to GlassNode, Ethereum ETF saw 154,000 ETH this week with five times the recent weekly influx.
In the context, the largest daily ETH inflow of the month was 77,000 ETH on June 11th. Meanwhile, the BTC ETF has total inflows this week at 7,800 BTC, slightly above its normal peak.