According to Santiment, Ethereum whales and sharks amassed over 934,000 ETH in three weeks, contrasting retail selling, and driving a rebound as market volatility eased.
Santiment data shows Ethereum whales and sharks accumulated 934,240 ETH over the past three weeks, while retail traders sold 1,041 ETH. This accumulation coincided with a price rebound, fueled by cooling market volatility. Earlier, wallets holding between 1,000 and 10,000 ETH had amassed 450,000 ETH in two weeks, with daily new wallet creation reaching 190,000. On December 4, Ethereum traded at $3,215, reflecting strong large-holder demand.