According to Crypto Rover, there is significant accumulation of Ethereum (ETH) by large-scale investors, including big whales, Bybit, and BlackRock ETFs. This trend suggests a potential bullish sentiment as these entities, often referred to as 'smart money', are increasing their holdings in ETH. Traders might consider this as an indicator of confidence in Ethereum's future performance.

According to Lookonchain, significant whale activity has been detected with two large withdrawals totaling 121,512 ETH from Binance and Bitfinex. Address 0xb99a...BcF5 withdrew 56,909 ETH, valued at $151.6 million, from Binance. Another address, 0xEd0C...4312, withdrew 64,603 ETH, valued at $171.8 million, from both Binance and Bitfinex over the past 48 hours. These movements suggest potential accumulation by large investors, which could impact Ethereum's liquidity and price dynamics.