Significant Ethereum holders, colloquially known as whales due to their substantial ETH balances exceeding 10,000 tokens, are actively expanding their positions. Recent market volatility has established a consolidation pattern around the $2,500 price point, forming a distinct accumulation zone.
On-chain data confirms this cohort of large-scale investors is increasing their holdings at an accelerated pace. The price fluctuations throughout the period solidified this $2,500 level as a focal area for accumulation activity among these major Ethereum stakeholders.
This sustained acquisition by whales indicates strong institutional interest at current valuation levels despite market turbulence.