According to Lookonchain, major Ethereum whales are actively accumulating ETH. Wallet 0xd81E has withdrawn 1,900 ETH (worth $3.1 million) from Gate.io, with a total of 48,477 ETH ($100.35 million) since February 15, despite a $21 million loss. Concurrently, wallet 0x3bd2 withdrew 2,600 ETH ($4.26 million) from Binance, highlighting continued whale interest in Ethereum.