According to @EmberCN, a major ETH whale or institution that profited $73.96 million from trading Ethereum in July has begun accumulating ETH again after the recent price drop. In the past 4 hours, this entity transferred $173 million USDT to Wintermute and received 20,000 ETH (valued at $74.06 million). Earlier, this whale bought 132,000 ETH at an average price of $2,540 in June and sold 113,600 ETH at $2,923 in July, capturing significant gains. This renewed buying activity is a critical signal for ETH traders as it suggests potential bullish momentum and institutional interest at current levels. Source: @EmberCN

According to Crypto Rover (@rovercrc), large Ethereum holders are aggressively accumulating ETH, indicating strong confidence in an imminent altcoin season. On-chain data shows a significant uptick in whale wallet activity, which historically signals upward price momentum and increased volatility for Ethereum and related altcoins. Traders should monitor ETH inflows to whale addresses, as sustained accumulation often precedes broad altcoin rallies and shifts in market liquidity. Source: Crypto Rover on Twitter, May 16, 2025.