- An Ethereum whale sold 33,585 staked ETH (~$85 million), likely as a strategic portfolio rebalance, not panic selling.
- Despite the sale, the whale still holds around 100,000 ETH (~$260 million), with much still staked.
- Mega whale holdings hit a 5-year high, growing 9.31% in nine months, indicating growing long-term institutional interest in Ethereum.
Ethereum comes to the fore one more time following a large whale being spotted offloading 33,000 staked ETH or more, even when institutional investors continue to put their money into the second-biggest cryptocurrency in the world. This shift in wallet movement comes when Ethereum outdoes Bitcoin, rising by over 7% in the previous week, yet Bitcoin has only registered a 1% rise.
The movement signals potential rebalancing of the portfolio rather than panic selling, and there are bullish undertones that dominate the Ethereum horizon. According to data released by Lookonchain, the concerned whale had previously bought 132,536 ETH worth a total of $333.79 million. This week, they sold 33,585 stETH for $85.38 million USDC, averaging $2,542.2.
Despite this mass sale, the whale still holds 100,000 ETH, approximately worth $260 million, much of which remains staked. Analysts speculate that the address belongs to or can be linked to Alliance DAO, and that the action reflects savvy portfolio rotation more than a loss of confidence in ETH’s future potential.
Although this whale minimizes exposure, institutional interest in Ethereum continues to grow. Wallet 0xFC82, which could belong to Cumberland, withdrew 34,883 ETH worth more than $89 million from Binance within one week. Another, 0x3c9E, withdrew 7,200 ETH worth $18.37 million from Kraken.
Such transactions are a sign of aggressive acquisition by sophisticated money, which verifies that institutional investors are optimistic about Ethereum as a high-conviction wager.
Ethereum Whale Holdings Hit 5-Year High
Mega whale investors, or investors who possess 10,000 ETH or more, collectively added to their holdings by 9.31% over the preceding nine months, which boosted their holdings from 37.56 million ETH in October 2024 to 41.06 million ETH in July 2025.
This is the highest ETH percentage held by large investors since 2020, and that reinforces the argument that institutions are positioning themselves for a future long-term breakthrough.
Its price trend can also be seen through current market indicators. ETH currently trades at $2,616 at press time and has a 24-hour volume of $18 billion. It’s still down 46% since its all-time high of $4,891 in November 2021, but there’s recent price action that has also developed a key support range for the $2,500-$2,536 area.
Within this range, over 3.45 million ETH have changed hands in recent days, which indicates healthy buying interest and also perhaps sets a price floor.
Ethereum Gains as Solana Underperforms
Comparatively, Solana (SOL) appears to be losing relative strength. SOL/ETH ratio that touched a high of 0.0868 in April later dipped to 0.0586, one of its lowest observations throughout this year. Although Solana still registered $8.3 billion worth of capital flows in the previous week, compared to Ethereum’s $6.2 billion, the decline in ratio points towards underperformance.
Also Read: BTCS Unveils $100M Ethereum Growth Plan Using DeFi and TradFi Fusion
But it also alludes to altcoin high-growth capital diversification. Providing a philosophical edge to Ethereum’s future, co-founder Vitalik Buterin recently hinted at a forthcoming project that will look towards “saving Ethereum’s soul.” Though no details have yet emerged, speculation points to forthcoming proposals that will examine matters concerning decentralization and governance.
In a simultaneous blog post, Buterin shared his switch to copyleft from permissive licensing, a gesture showing firmer guarantees for Ethereum’s founding principles.
Also Read | Ethereum Building Momentum After Whale Buys, Targets $3,000