Bitcoin Forum

Ethereum Whales Holding More ETH

Using metrics provided by TokenAnalyst, Diar determined that whale Ethereum holdings have been increasing steadily throughout 2018 despite the extended bear market. Holdings of the top 500 whales are equivalent to 20 million ETH, slightly less than 20 percent of the total circulating supply and equaling approximately $2.3 billion.

The whales have increased their relative holdings by 80 percent since the beginning of the year, with speculation that ICO projects are exiting their native token positions as the primary driver. Analysis by both TokenAnalyst and BitMEX Research confirms that many ICOs have exited their positions, with the majority of projects selling as much ETH as they raised in USD.

As the market decline continues and Ethereum’s current price sitting at ~ $110, increasing downward pressure on ICO project runways is likely. Total whale addresses have also dropped by 30 percent since the beginning of the year. Despite this, active whales seem to be consolidating their positions as Q4 is shaping up at a 270 percent increase in net balance growth compared to Q3. An important qualifier is that 90 percent of the total $1 billion in net balance additions of 2018 came in Q1, at the height of the ICO frenzy.

https://driveinsider.com/analyzing-eth-whale-holdings/?fbclid=IwAR3Zns1fPPJtXqzYgukaPCHYwNJQDEnPwy3ONwrGdmsE0oLHZk9LSyFvt_I

It is a logical move by whales, and it can be seen in almost every market - buying strategic asset when price hits (or nears) the bottom. They know that ETH has a bright future and only buy with discount. 

It will going to be tremendous if this whales just put their holdings on exchange platforms since it can affect the market too much. But hopefully, more ethereum is in good hands and these whales know something better than us.

Yes, all of this is why Ethereum cannot rise significantly. There are still many ICO teams holding a lot of Ethereum, so I am worried about the future of Ethereum. Now its increase is not obvious.

I would suggest that the whales have been quietly accumulating across all of the quality or established altcoins during the past 2 months. The simple buy low and sell high strategy can only bear fruit if you are purchasing at low prices when others are selling in desperation and loss of vision. Patience is key to making profits in crypto just as with any other investments.

I have also read that the whales are buying more and more Ethereum and that their supplies have increased by 80 percent science the beginning of this year. This is a great sign for the upcoming bullish market.

The percentage of holding is more than enough by the Ethereum Whales so they must drive the price in the long run because while the bear market is growing they have increased their percentage day by day. In the time of bull they have the right to drive the price as they want.

I don't know why some people are surprised about this, what whales does is to shake people out of their positions, those I pity most are the ICO developers that sell in panic of the market crash which helps to trigger the slump the price. They have incentive to do this because Ethereum is moving towards POS and this is a Mathew effect in play again

majority of the big addresses belong to exchanges and these addresses are obviously gaining a lot of balance because during this year a large number of people who were bag holding their ETH have been transferring them to exchanges to dump and most of them only sell. the big traders who are playing the market don't cash out ETH, they get fiat or bitcoin out. so the remaining ETH on exchanges is growing.

They know eth will have a lot of value in the future because of the adoption that's coming. The reason why its being dumps so much is because they made it look like its shit so they can buy more. If you wanted to buy more, you would have spread rumors of it being a shitcoin and won't recover its value. Strategies are working.

In the near future there will be Ethereum POS mining. Perhaps the whales are preparing for this event, buying Ethereum?

Yes that's a tricky side of the market, big whales are those who create FUD's in this forum as they want to take advantage of this downfall. Yes a lot of prediction are coming across the future of ETH few say it will dominate its position as king of alts, Yes some scam ICO's caused the disaster and damaged the position of ETH. One thing for sure that this project has a wonderful future ahead.

Well let me correct you the market price is no longer km a decline there have been some increase in the price and it's still going up at moment

This is an indication that the Ethereum will show new ATH. but it is still not clear when this will happen. Recently, whales began to move a large number of ETH to the exchanges. possible for a new drain

etherium is still the only platform for smart contracts with such popular usage. Therefore, despite the fact that its price falls, it is still undervalued. And the second life will come with the release of STO

Yeah but most of the whale wallets are those of exchanges and large crypto institutions so it ever increases- imagine the fees they take everyday.

Nevertheless, i think even if they're retail whales it still makes sense. Ideally whales understand the space more than any other and so they have strategies for accumulating more...

This is another proof that everything will be fine with Ethereum. And it is obvious that you do not need to think about the fact that stellar or neo or someone else will win the ETH

That is good news for ethereum. I think the big investors are preparing for the pos time, after the fork. The low price is of course ideal for that.

yes, and when The POS system getting started on ethereum,, the price of ethereum could surpass the past high price my friend
i think now is the best time to collect more ethereum,,  ;)

I don't think this should necessarily be considered THAT bullish.
They wouldn't be whales in the first place if they didn't believe in the project. And since they do - it makes sense to want to buy coins at a discount.
Good news is that none of them got discouraged. But if you take a look at rich lists, the same is true of other coins such as Bitcoin, Bitcoin Cash and DASH.
Only Litecoiners with huge wallets seem to be more eager to sell than buy. The rest look pretty optimistic.

it's not surprising to see whales buy when the opportunity comes, i guess whales are completely different compare to normal trader, instead of selling they increased their holdings, better to sell at the right time and not go too greedy you might miss the opportunity for huge profit.

What a good news for Ethereum holders. It shows that Ethereum has a future and that it is not dead because with recent big dump more and more people are talking negatively about Ethereum.

Considering AT LEAST half of them are exchanges there is nothing new to care.

Yeah, the exchanges acquisition made more ethereum this year compared the previous years because the only time ethereum really worth anything was the last days of last year and ever since those times the price has been going lower and lower which means there is still volume in there that you basically use constantly to sell and that gives the exchanges the fee's they are looking for and make more of.

Hence, this is now really that big of a shock to anyone who understands how the exchanges work and why do they have the biggest wallets in the crypto world. They don't even have just one wallet, they spread it over couple wallets so they could potentially own ALL of these wallets together.

To be sure, the whales know the right time to make a purchase. So they get a big discount, and in time, they will sell it at a big profit

There is nothing surprising in the fact that whales buy up assets at that moment when the market is at the bottom!

Ethereum  will be good for short and long term both. An hard fork of Ethereum is planned early next year and it will really be the price boom for eth. Even after the fork, I think Eth will regain its number 2 spot in coin market cap.

This is the logical step of the whales! Unfortunately, many people panicked and sold ETH! And I think that there is a moment of manipulation, that ETH has some unexpected development that will attract new interest in it!

They are right and they know what to do, newbies panic and sell afther all this there will be big whales and users with nothing then prices would be much more higher and that whales with millions only sellers in market you can see same situation with BTC who has most of them now, not newbies they who understood what was going and holded.

Not just whales, but anyone who has experience as an investor has been accumulating their coins the past month.

Once the market crashed and btc went below $6000, that was the signal to buy up.
For eth, when it went below $100, that was the signal to buy too.
With ICOs desperate to sell their eth to stay afloat, there was also volume to continuosly buy at the price you wanted.

Eth will rise above $1000 again.
Even buying eth now, that is an insane 1000% gain.
People don't realize how much opportunity there is right now and instead are focusing on how the ICO market is shot.
If one form of trading becomes not profitable, move on to another.
Because in the end, you really just gotta buy low and sell high.

ETH still has great trust from the public, some say that ETH will replace BTC.

ETH's credibility is very good, but today, I saw that the ETH position was defeated by XRP.

ETH has many whales, but XRP has a lot of banks and large inventory.

Accumulating such a huge amount of Ethereum on whale wallets may indicate the future growth of Ether. I think the best option would be to follow the example of the whales and ourselves to accumulate volumes of Ethereum.

whales will continue to hold their ethereum and when they see a good increase they will sell it all and then the market will fall again.

This statistics once again proves to me that the logic familiar to us does not work where the interests of the whales take place. What looked like a deep crisis for us and the loss of a huge amount of money by us - for whales there was only an artificially created opportunity to multiply the size of their already huge multimillion deposits.

Well, I will do so if I have plenty of money as well. Accumulating coins during low prices is a good move for sure, especially toward strong coin like ETH. It is easy to earn multiple times profit when the market turns bullish.

One of the reasons why the whales will keep winning and those who are simply looking for a way to get rich overnight will end up becoming extremely stuck in their mentality till they keep losing out eventually. At this moment, Ethereum has taken out most of its last year gains and this is obviously a time to be accumulating. Of course the whales are definitely doing that, so it is left for each and every individual to as well be seeing that as an opportunity to be seeing a good chance to get in now if they are smart.

Naturally. The fall in prices in the crypto market was specially organized by whales in order to buy as many coins as possible at falling prices. As soon as the whales buy the right amount of coins, we will see a crypto market increase.

There are many whales that hold Ethereum, because Ethereum can be converted into many altcoins, and Ethereum is very convenient to use in the crypto market.

Whales are buying with discount and thus book good profits when the prices again hit the peak prices of past. I am also holding good amount of ETH and expect that the prices will be at least 5 times the current value this year itself. That is when I will be cashing out most of it.

It's not a exciting news, if I had money then I would have buy more ETH as the value is very cheap and it's is a chance to buy more coins. If the market turns green then we can make good profit in a short time, however I am waiting to see the ETH hardfork this month.

I think it is not just whales at this point. Look at the topics here, everyone is talking about the hard fork and everyone talks about how ethereum passed XRP at marketcap and how they must be doing something good for the coin since its looking like its going better and there is a bigger potential now and if we stayed with PoW these wouldn't happen and all that news.

Hence, I think yeah at this point whales already grabbed as much as they can but the smaller investors are getting into it as well. By smaller I do not mean couple hundred, I mean people with millions of dollars already invested but people with 10-50 thousand dollars is investing as well. I have seen people who sold their rigs and bought eth with it which honestly shows how much people love ethereum.

Even for bitcoin.

There are news came out that they have monitored few new wallets generated by 2018. And these wallets are consistently adding more bitcoins during the bear market. I guess these whales are just preparing to unleash these coins when the bull comes.