Ethereum News Update: Major Institutional Investors Accumulate $1.37B in ETH During Market Slump, Indicating Strong Long-Term Optimism
- Ethereum's largest holders, including an "Aave whale" and Bitmine, bought $1.37B in ETH during a 12% price drop in November 2025. - The Aave whale alone purchased 257,543 ETH ($896M), while Bitmine added $139.6M, signaling institutional confidence in Ethereum's long-term potential. - On-chain analysts note whale accumulation often precedes market reversals, with Ethereum potentially targeting $4,800–$10,000 as investors shift ETH to long-term storage. - Despite ETH's 3.3% drop below key support, increase
The largest Ethereum investors have ramped up their long bets during the latest market slump, with institutions acquiring more than 394,682 ETH—valued at $1.37 billion—over a three-day period as the cryptocurrency declined by almost 12% in November 2025
The Aave whale was responsible for acquiring 257,543 ETH (worth $896 million) at an average price of $3,462, while Bitmine accumulated 40,719 ETH ($139.6 million) across several exchanges
This accumulation happened as ETH’s price sharply dropped 3.3% to $3,331, breaking through important support levels
Meanwhile, the overall crypto market shows mixed signals.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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