Large Ethereum holders accumulated approximately $800 million in ETH in mid-June, while a prominent trader realized $4.93 million in profit with a 90% win rate. However, by June 18, daily transaction volumes for large investors dropped sharply by 86.6%, marking the lowest institutional activity of the month. Technical indicators currently identify a historical support zone for the ETH price at $1,510.
Ethereum network metrics recorded their lowest institutional activity of the month, with whale transaction volumes dropping 86.6% over a two-week period.
Read the full storyA prominent whale realized $4.93M in profit with a 90% win rate as Ethereum maintains critical support levels amid institutional accumulation.
Large-scale holders end weeks of caution by accumulating $800 million in ETH, signaling a potential shift in market sentiment.