According to @lookonchain, a whale tied to the “66k ETH Borrow” cluster purchased 30,548 ETH (about USD 105.36M) in the past hour. Source: @lookonchain on X, Nov 12, 2025. According to @lookonchain, cumulative buys since Nov 4 reached 385,718 ETH (about USD 1.33B), with USD 270M of the purchasing funds borrowed from Aave. Source: @lookonchain on X, Nov 12, 2025. According to @lookonchain, related addresses disclosed for monitoring are 0x85e05C10dB73499fbDeCAb0dfbB794a446feEeC8, 0x6e9e81EfCC4CBff68eD04c4a90AeA33cB22c8c89, 0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c, and 0xFaf1358Fe6a9FA29A169Dfc272B14E709f54840f. Source: @lookonchain on X, Nov 12, 2025.

According to @OnchainLens, the wallet that previously borrowed 66,000 ETH withdrew an additional 28,262 ETH (approximately $98.59M) from Binance and now holds 355,164 ETH valued around $1.21B, with the address referenced via Arkham Intelligence (source: Onchain Lens on X; Arkham Intelligence, address 0x85e05C10dB73499fbDeCAb0dfbB794a446feEeC8). @OnchainLens characterizes this activity as continued accumulation by the whale based on the latest on-chain movements (source: Onchain Lens on X).

According to @EmberCN, a whale or institution that previously shorted ETH for a $24.48M profit pivoted to long by buying 191,477 ETH at $3,335 on Nov 5, now showing $47.87M in unrealized gains. Source: @EmberCN on X; debank.com/profile/0xe5c248d8d3f3871bd0f68e9c4743459c43bb4e4c; x.com/EmberCN/status/1988053052059009220. According to @EmberCN, the same address borrowed 100M USDT from Aave about 7 hours ago, transferred it to Binance, and withdrew 44,288 ETH worth about $156M to self-custody, indicating leveraged accumulation activity. Source: @EmberCN on X; debank.com/profile/0xe5c248d8d3f3871bd0f68e9c4743459c43bb4e4c; x.com/EmberCN/status/1988053052059009220. According to @EmberCN, over the past week the address accumulated a total of 235,765 ETH valued around $795M at an average entry price of $3,372, establishing the reported cost basis for the position. Source: @EmberCN on X; debank.com/profile/0xe5c248d8d3f3871bd0f68e9c4743459c43bb4e4c; x.com/EmberCN/status/1988053052059009220.

According to @OnchainLens, the ETH whale who previously borrowed 66K ETH to sell and later bought 257,543 ETH ($896M) during the dip appears to be rebuilding exposure, corroborated by Arkham wallet explorer data for address 0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c (intel.arkm.com/explorer/address/0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c). According to @OnchainLens and Arkham, recent transactions include depositing 34,156 ETH ($120.3M) into Aave, borrowing $60M USDT and sending it to Binance, buying 23,500 ETH ($82.62M) and supplying it to Aave V3, borrowing $40M USDC and sending it to Binance, and buying 20,787 ETH ($73.81M) and supplying it to Aave V3 (intel.arkm.com/explorer/address/0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c). According to @OnchainLens and Arkham, this sequence totals 78,443 ETH supplied as collateral on Aave V3 and $100M in stablecoins moved to Binance, aligning with @OnchainLens’s characterization that the wallet is building its position again (intel.arkm.com/explorer/address/0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c). According to @OnchainLens and Arkham, the prior accumulation of 257,543 ETH ($896M) provides scale context for traders assessing order book liquidity and potential flow impact from this ongoing activity (intel.arkm.com/explorer/address/0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c).

According to Lookonchain, a tracked whale that previously borrowed 66,000 ETH to sell later accumulated 257,543 ETH on a market dip and has now purchased an additional 23,501 ETH worth about USD 82.63M, source: Lookonchain on X, x.com/lookonchain/status/1987940934441750913, Nov 10, 2025. According to Lookonchain, the same wallet borrowed 40M USDT and transferred the funds to Binance, indicating a fresh stablecoin inflow to the exchange by this entity, source: Lookonchain on X, x.com/lookonchain/status/1987940934441750913, Nov 10, 2025. According to Lookonchain, this sequence of on-chain buys and exchange-bound stablecoins from the same wallet is a material flow signal relevant to short-term ETH trading setups, source: Lookonchain on X, x.com/lookonchain/status/1987940934441750913, Nov 10, 2025.

According to @OnchainLens, Bitmine purchased 18,271 ETH worth $64.59M from Kraken on Nov 10, 2025 (source: @OnchainLens). In total, Bitmine has acquired 41,792 ETH worth $147.55M from BitGo and Kraken (source: @OnchainLens). The transfers are tied to addresses 0xcAD31538A87D1dA737b3B5A9d4ca0cb9832c3D38 and 0xc5cf86486510a0da87d06aad67513ccdb84dcbf4 (source: @OnchainLens). The implied average acquisition prices are about $3,536 per ETH for the latest tranche and $3,533 overall, based on the reported amounts and values (source: @OnchainLens). Kraken operates a centralized crypto exchange and BitGo is a digital asset custodian, framing these as exchange and custody flows relevant to spot liquidity monitoring (sources: Kraken, BitGo).

According to @lookonchain, a wallet holding 610 million USDC borrowed 66,000 ETH worth 265 million dollars from Aave about two weeks ago and deposited it to Binance at 4,020 dollars per ETH, source: @lookonchain. Over the past two days, the same entity withdrew 174,166 ETH worth 621 million dollars from Binance at 3,568 dollars per ETH, source: @lookonchain. After repaying the borrowed ETH, the wallet still holds 108,105 ETH valued at about 380 million dollars, with realized profit exceeding 29 million dollars, source: @lookonchain.

According to @OnchainLens citing Nansen on-chain data, the entity known as 7 Siblings borrowed 20 million USDC and purchased 2,664 ETH for 10 million USDC at an average execution price of 3,754 dollars, with activity tied to address 0x28a55c4b4f9615fde3cdaddf6cc01fcf2e38a6b0. According to @OnchainLens citing Nansen, the wallet still holds 10 million USDC and is likely to buy more, indicating 10 million USDC of remaining capacity alongside 10 million USDC of executed ETH buys at the 3,754 level. According to @OnchainLens citing Nansen, traders can monitor the address 0x28a55c4b4f9615fde3cdaddf6cc01fcf2e38a6b0 and the 3,754 execution zone given the scale of the 2,664 ETH fill and remaining 10 million USDC balance.

According to @rovercrc, Ethereum treasury companies are accumulating ETH at a record-breaking pace as stated in an X post dated 2025-09-20, though the post does not include specific wallet data or amounts for verification, source: @rovercrc on X. Traders can validate this claim by tracking labeled corporate and treasury wallets, ETH net exchange balances, and spot ETH ETF net flows via Arkham Intelligence, Nansen, Etherscan, and Farside Investors dashboards, source: Arkham Intelligence; Nansen; Etherscan; Farside Investors. Additional confirmation signals include rising Beacon Chain staking deposit inflows and declining exchange balances, which can be monitored through the Ethereum Beacon Chain deposit contract and Glassnode on-chain metrics, source: Etherscan Beacon Deposit Contract; Glassnode.

According to @OnchainDataNerd, Bitmine accumulated 15,427 ETH (~$69.18M) through Galaxy Digital, with the address referenced via Arkham Intelligence at intel.arkm.com/explorer/entity/bitmine (source: @OnchainDataNerd). According to @OnchainDataNerd, the wallet now holds 1.946M ETH valued at approximately $8.71B (source: @OnchainDataNerd). Based on the figures posted by @OnchainDataNerd, the latest add equals about 0.79% of the wallet’s ETH balance and implies roughly $4,484 per ETH for this tranche (source: @OnchainDataNerd).

According to @OnchainLens, a whale wallet received 13,322 ETH valued at $61.92M from FalconX, bringing its 4-day cumulative total to 22,556 ETH worth $104.87M, address 0x74513ee01aD441A95fF91887328409896F77D636, source: @OnchainLens, X, Sep 15, 2025. Based on the reported totals, the implied average acquisition price is about $4,649 per ETH ($104.87M ÷ 22,556 ETH), source: @OnchainLens, X, Sep 15, 2025. The accumulation pace over the 4-day window averages roughly 5,639 ETH per day (~$26.22M/day), source: @OnchainLens, X, Sep 15, 2025. The latest single tranche of 13,322 ETH represents about 59% of the whale’s 4-day total (13,322 ÷ 22,556), source: @OnchainLens, X, Sep 15, 2025.

According to @OnchainLens, a newly created wallet labeled 0x900 withdrew 17,000 ETH valued at USD 75.81 million from Binance, indicating a large single-entity outflow from the exchange (source: Onchain Lens). According to @OnchainLens, a separate whale wallet labeled 0x8e0 withdrew 2,312 ETH valued at USD 10.31 million from Kraken, marking another sizable exchange withdrawal (source: Onchain Lens). According to @OnchainLens, the combined withdrawals total 19,312 ETH worth approximately USD 86.12 million based on the reported valuations, with implied withdrawal prices near USD 4,459 per ETH for the Binance transaction and roughly USD 4,461 per ETH for the Kraken transaction derived from the provided figures (source: Onchain Lens). According to @OnchainLens, the addresses shared include 0x90013e5fdd23ef161fb4154cfb239cb2a904b53b, and the activity was characterized as whales accumulating ETH (source: Onchain Lens).

According to @rovercrc, BlackRock is rapidly accumulating ETH, suggesting potential institutional demand that could affect ETH price action and liquidity in the near term (source: @rovercrc post on X dated Sep 2, 2025). The post provides no supporting evidence such as wallet addresses, transaction hashes, or ETF creation/redemption data to substantiate the claim (source: @rovercrc post content). Traders should seek confirmation via iShares Ethereum product flow disclosures and verifiable inflows to identified custodian wallets before positioning (source: BlackRock iShares fund reporting and standard on-chain verification practices).

According to @cas_abbe, ETH reserves on Binance have dropped to new lows while BTC reserves remain flat, signaling rotation toward ETH, source: @cas_abbe on X, Sep 1, 2025. The author states ETH is being withdrawn from exchanges even with price near 4.4K USD, indicating quiet accumulation, source: @cas_abbe on X, Sep 1, 2025. For trading focus, the author implies monitoring ETH/BTC relative strength and Binance spot liquidity as ETH outflows persist, source: @cas_abbe on X, Sep 1, 2025.

According to @lookonchain, a Bitcoin OG sold 4,000 BTC (~$435M) and bought 96,859 ETH (~$433M) on spot markets over the past 12 hours (source: @lookonchain on X, Aug 31, 2025). According to @lookonchain, the address has accumulated a total of 837,429 ETH (~$3.85B) to date (source: @lookonchain on X, Aug 31, 2025).

According to Crypto Rover (@rovercrc), a Satoshi-era whale sold 2,000 BTC (about $221M) to buy 49,850 ETH (about $219M), indicating a direct allocation shift from BTC to ETH, source: Crypto Rover (@rovercrc) on X, Aug 30, 2025. According to Crypto Rover (@rovercrc), the wallet now holds 691,358 ETH valued around $3B, source: Crypto Rover (@rovercrc) on X, Aug 30, 2025. According to Crypto Rover (@rovercrc), the reported notional amounts imply roughly $110.5k per BTC sold and $4.39k per ETH acquired, source: Crypto Rover (@rovercrc) on X, Aug 30, 2025.

According to @lookonchain, a Bitcoin OG sold 2,000 BTC valued around $221M and bought 49,850 ETH worth about $219M on spot in the past 12 hours, source: @lookonchain. According to @lookonchain, the wallet has accumulated a total of 691,358 ETH valued around $3B, source: @lookonchain.

According to @MilkRoadDaily, since July, ETH treasury companies have accumulated more ETH than BTC treasuries have purchased BTC, with ETH outpacing BTC flows every week except one. @MilkRoadDaily reports that this persistent lead in DATs indicates the balance of power in corporate treasury demand is shifting toward ETH.

According to @CryptoMichNL, if Bitcoin fails to break its current resistance, conditions turn unfavorable but create a strong accumulation zone, source: https://twitter.com/CryptoMichNL/status/1960625079831740876. According to @CryptoMichNL, the same region is his ideal area to accumulate ETH, indicating a buy-the-dip strategy tied to BTC’s resistance reaction, source: https://twitter.com/CryptoMichNL/status/1960625079831740876.

According to Lookonchain, a Bitcoin OG moved another 4,000 BTC (about $460M) to purchase ETH, indicating a continued BTC-to-ETH rotation by this large holder, source: Lookonchain on X https://x.com/lookonchain/status/1959274397753315705. According to Lookonchain, the address has accumulated 179,448 ETH (about $806M) at an average price of $4,490 and still holds a 135,265 ETH long position valued around $581M, source: Lookonchain on X https://x.com/lookonchain/status/1959274397753315705.