21 hours ago

ETH Whale Accumulation Hits Record Highs as BlackRock Staking ETF Launches on Nasdaq

TLDR: Over 240,000 ETH worth approximately $480M has been accumulated by whales since early March 2025. BlackRock’s ETHB ETF on Nasdaq lets institutions earn yield by staking 70–95% of their ETH holdings. Rising Ethereum active addresses during a price decline mirror historical accumulation patterns seen since 2022. Shrinking ETH exchange supply combined with whale buying [...]

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Source: Blockonomi →