Ethereum whales accumulate over $850 million since 26 December as ETH price consolidates
Since 26 December, Ethereum whale wallets have increased their holdings by roughly 300,000 ETH to about 100.8 million ETH, worth over $850 million at prices near $2,940. While ETH trades below key daily EMAs and remains in a consolidation phase, large holders appear to be positioning during low volatility. Momentum indicators reflect fading upside pressure and cautious trader sentiment even as on-chain activity supports Ethereum's broader economic profile.