Ethereum whales holding at least 100,000 ETH have reached a notable accumulation milestone. According to on-chain analytics platform Santiment, these large wallets now collectively hold 17.41 million ETH. This marks a 9-week high in their holdings.
The amount represents roughly 22% of Ethereum’s total supply. This accumulation has occurred amid recent price declines, highlighting continued interest from major holders even as broader market sentiment faced pressure.
