Ethereum Updates: Major Crypto Holders Diverge as Ethereum Surges During Federal Reserve Ambiguity and Global Tensions

The cryptocurrency sector is currently facing a dynamic environment, as institutional investors and large holders adopt varying tactics during a period of market recovery.

(ETH) climbed above $4,200 at the start of October, fueled by renewed confidence after softer U.S. inflation numbers and speculation about potential interest rate reductions from the Federal Reserve. Still, blockchain data reveals that major market participants are sending mixed signals—some whales are increasing their holdings, while others are bracing for possible downturns, according to a .

Reliance Global Group (Nasdaq: RELI) has joined the digital asset space, expanding its crypto assets through a strategic purchase of

(SOL), the primary token of the high-speed blockchain. As highlighted in a , this acquisition demonstrates the company’s intent to broaden its crypto investments and take advantage of Solana’s fast and cost-effective transactions. This move follows earlier investments in , Ethereum, , and , reflecting a deliberate strategy to manage both liquidity and risk.

At the same time, whale activity remains divided. One notable trader, wallet 0xc2a3, who has maintained a flawless track record, has increased long positions in both Ethereum and Bitcoin, accumulating $167.35 million in

and $170.46 million in BTC. Data from Lookonchain shows this whale’s unrealized gains have reached $30 million, despite recent market swings, as detailed in the BeInCrypto article. In contrast, another whale—0xb927—has been steadily selling ETH, offloading 5,000 tokens for $21 million at an average price of $4,366. Over the last month, this wallet has sold 15,000 ETH, indicating a more cautious stance amid global economic uncertainties, such as the ongoing U.S.-China trade tensions, according to a .

The so-called "25x dip buying ETH whale" has adopted a different strategy. After enduring a sharp drop in early October, this trader increased their holdings and realized a $2.12 million profit as ETH rebounded. Lookonchain reports that this whale still holds 15,689.44 ETH in open long positions, showing sustained faith in Ethereum’s recovery, as also mentioned in the BeInCrypto report. Likewise, whale 0xC50a, who is leveraged in both Bitcoin and Ethereum, has reported $2.1 million in unrealized profits, pointing to a positive outlook despite ongoing volatility.

Nevertheless, warning signs remain. In the past day, over 31,100 ETH has been transferred to centralized exchanges, with Binance alone receiving 25,000 ETH. Experts caution that such large inflows could spark a selloff if economic uncertainty persists, as noted in the Yahoo Finance analysis. SharpLink Gaming, the second-largest corporate holder of ETH, has also resumed buying, acquiring $78.3 million worth of Ethereum, which, according to the BeInCrypto report, signals continued institutional interest in the asset.

With these conflicting trends, the upcoming weeks are set to challenge both retail and institutional investors. As the Federal Reserve’s policy and global political tensions remain in focus, the actions of large holders—whether accumulating or exiting—will continue to serve as a key indicator of overall market sentiment.