Ethereum (ETH) has been trading below the significant $4,000 price level in the last 72 hours, as it has not been able to stabilize beyond this price. Price dip has not stopped Ethereum whales from actively accumulating assets within the period. Over the past three days, these large holders have received 431,018 ETH from various exchanges.
Ethereum Price regains $4,000 amid whale-driven volatility
As Spots According to LookonChain, X’s on-chain analytics platform, the acquired Ethereum is worth $1.733 billion. The whales have withdrawn their assets from various exchanges, including Kraken, Bitgo, Galaxy Digital, and OKX.
431,018 ETH has moved to 16 different private wallets. This movement is important considering the direction of the flow. Generally, when an owner pulls an asset into his wallet from an exchange, it indicates that he does not want to sell it.
These whales’ behaviour means they are not ready to throw their assets into the market regardless of the price drop. Furthermore, deriving more than 431,000 ETH from these exchanges reduces circulation supply. This can be used for trading.
Whales continue to accumulate $eth!
16 Wallet received 431,018 $ETH ($1.73B) over the last three days from #Kraken, #GalaxyDigital, #Bitgo, #FalConx and #OKX.
– lookonchain (@lookonchain) September 27, 2025
Such developments are bullish signals as they create rarity in the market. This could catalyze market price rebounds. It also suggests that the whales have decided to bring their assets into private storage, as they are confident that ETH prices will be high in the near future.
The value to mention is that despite a bullish accumulation, Ethereum prices continue to fluctuate in a volatile manner. Over the past 24 hours, Ethereum prices have traded between the peak of $3,877.82 to $4,069.17. At the time of writing, exchange It was $4,010.40, an increase of 3.08% over the period.
The price rise was primarily due to the accumulation of whales. However, trading volumes are still in the red zone so it’s unlikely to exceed $4,000. Currently, the metric is down a massive decline at 41.63% at $36 billion.
How will the Whale Action affect ETH price outlook?
Meanwhile, these Ethereum whales have withdrawn from various exchanges to private wallets, which has brought them to life by another early investor. This wealthy investor I’ve been dormant for 8 yearsI recently transferred 200,000 ETH to two new addresses.
They also did not take part in the selling move as they still had a total of 736,316 ETH, totaling $2.89 billion across eight different wallets.
These movements of whales within the Ethereum ecosystem caused speculation. Market participants are interested in what agenda large owners have and the impact it may have Price outlook.