What Do Ethereum Whales Know That We Don’t?

• Whales are accumulating ETH, withdrawing millions from top crypto exchanges.
• Ethereum remains in a downtrend, consolidating between key support levels.
• The upcoming upgrade is expected to correct the inflationary side-effects.

Despite bearish price action and a shaky market outlook, Ethereum is quietly finding its way back into the hands of crypto whales.

While prices are slipping and technical indicators point to a downward trend, major wallets have been quietly scooping up ETH in large amounts – a move that has analysts asking: what do they know that we don’t?

Whales are accumulating $ETH!

A wallet linked to Metalpha has withdrawn 29,000 $ETH($48.73M) from #Binance since Apr 1.

0xd81E has withdrawn 46,577 $ETH($97.26M) from #Gateio since Feb 15.

0x6034 has withdrawn 10,091 $ETH($18.8M) from #Bybit since Mar 12.… pic.twitter.com/yUXpsLTjQm

— Lookonchain (@lookonchain) April 18, 2025

On-chain data provider Lookonchain highlighted several large ETH withdrawals from exchanges. An address linked to Metalpha moved nearly 29,000 ETH (approx. $48.7M) from Binance since April 1. Separately, over 46,500 ETH left Gate.io via one wallet since mid-February, a…

The post What Do Ethereum Whales Know That We Don’t? appeared first on Coin Edition.