The ETFs recorded $120.46 million in weekly inflows, supporting continued investor participation.
Ethereum whales continue to increase their holdings even as the price of ETH stays below $2,500. The trend shows strong accumulation activity in recent months. Large investors appear to be buying more ETH coins at current levels, despite a decline from earlier entry points.
Data shows that full-scale accumulation began in May 2025, when the token traded around $2,500. The current price of ETH stands at $1,938, with a 24-hour volume exceeding $21 billion, which is below the initial accumulation price.
Blockchain analytics reveal continuous inflows of ETH into accumulation addresses. These addresses are associated with large holders and suggest ongoing buying pressure from whales.
Despite the lower price, Ethereum whales have not reduced their buying activity. The trend shows that whales find the current ETH price attractive at these lower levels despite the ongoing market volatility.
This sustained accumulation may indicate confidence among large holders in the asset’s long-term value. Transfers into accumulation wallets have remained steady, signaling active engagement by institutional and private investors.
Ethereum network activity has recently picked up after a period of stagnation. Active addresses reached 735,448 as of March 2, 2026. This marks one of the highest spikes recorded on Ethereum charts.
Ethereum exchange-traded funds (ETFs) also recorded $120.46 million in inflows last week. This follows months of moderate investment activity and adds to the buying trend seen among whales. Ali charts analyst noted that ETF inflows suggest renewed interest from investors, even after a prolonged consolidation phase.
Both the accumulation by whales and increased network activity suggest continued market engagement. Analysts continue to track the token’s movements as price fluctuations remain closely watched by traders.
