Ethereum rally in danger? Whales sell ETH for $1.8 billion

INFBusiness
02.09.2025
News

In recent weeks, crypto analysts have been literally tripping over themselves with their bullish predictions for the Ethereum price. This makes the disappointment all the greater: After a weak weekend, ETH corrected to $4,400, a price loss of 5 percent compared to the previous week.
Ethereum whales, among others, are responsible for this, having sold approximately 430,000 ETH worth $1.8 billion in the past two weeks. This selling pressure is significantly reducing the holdings of large investors.
But there are also countervailing developments. On Saturday, a Bitcoin whale exchanged around 2,000 BTC, worth $216 million, for Ethereum. Just last Monday, another early Bitcoin investor liquidated 24,000 BTC in favor of Ether.
The high net inflows into Ethereum spot ETFs also demonstrate continued interest from tradfi investors. The ETH index funds from BlackRock, Fidelity, and Co. raised another $1.08 billion last trading week.
Now, CryptoQuant's “Spot Volume Bubble Map” indicates that Ethereum's market activity is entering a “heated phase.” This means that high interest could boost liquidity, but at the same time, there are growing volatility risks.
For some crypto experts, like Consensys CEO Joseph Lubin, the end of the line is far from over. In an X-post, he says: “ETH will increase 100x again, probably even more.”
Lubin sees a key reason for this optimistic assessment in Wall Street. Major players in the US financial industry, such as JPMorgan, will have no choice but to switch to Ethereum's infrastructure in the long term.
ETH's strong performance since the end of June has also reignited the discussion about a “flippening.” Find out whether this is realistic in this article: “How Ethereum Could Outperform Bitcoin in the Long Term.”

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