Ethereum wallets holding between 100 and 100,000 ETH have accumulated 756,950 ETH over the past two days, according to blockchain analytics firm Santiment, signaling sustained accumulation activity by mid-to-large holders.
The concentrated buying by this wallet cohort — which represents a meaningful segment of ETH supply outside of major exchanges and custodians — suggests confidence among sophisticated investors despite recent market volatility. Wallet accumulation patterns of this magnitude typically precede price moves, as large holders positioning ahead of anticipated market shifts often signal conviction in directional bets.
The two-day accumulation rate underscores renewed institutional and whale-level interest in Ethereum as the network continues to capture value from both DeFi activity and broader blockchain infrastructure adoption.