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Ethereum (CRYPTO: ETH) is caught between heavy whale selling and rising institutional adoption, according to fresh expert analysis.
Is Path To $3,000 Certain?
Crypto chart analyst Ali Martinez said Ethereum wallets holding between 1,000 and 10,000 ETH have reversed course after months of steady accumulation.
According to Martinez, this group increased holdings from 12.95 million ETH in April 2025 to a peak of 15.95 million ETH on Oct. 6, 2025.
Since then, holdings have fallen to roughly 12.52 million ETH, marking a 21.5% decline.
This whale cohort has historically provided liquidity during major Ethereum market cycles and their recent …
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