Ethereum Whale Activity Rises Sharply—Highest Trading Volume Since 2021

In the past week, the Ethereum network has witnessed a surge in large transaction volume, a clear signal indicating the increasing interest from "whale" investors and large financial institutions. 📊 Highest Trading Volume Since the 2021 Bull Cycle According to a report from the blockchain analysis company Sentora (formerly known as IntoTheBlock), the "Large Transactions Volume" indicator – which tracks the total volume of transactions worth over 100,000 USD on the Ethereum network – has surpassed 100 billion USD last week. This is the highest level since the peak of the market in 2021. This indicates that "whales" are significantly increasing their trading activity, which is often a sign of large capital inflowing into the market. However, it is important to note that this indicator does not distinguish between buy and sell transactions, thus it reflects the level of activity rather than specifying a particular investment trend. 🏦 ETF Ethereum Records Record Cash Flow Not only on-chain, data from Glassnode also indicates that spot Ethereum ETF funds in the US are having their best trading week in history. Specifically: The total volume of ETH flowing into spot ETFs reached 588,000 ETH in just one week. This figure is 17 times the historical average and more than double the previous record. This is an extremely positive signal, indicating strong interest from traditional financial institutions in Ethereum, especially after ETH surpassed the 3,000 USD threshold. 📈 What is Happening with ETH? Large trading volume surges ➜ whales are taking strong action. ETF spot attracts large capital inflows ➜ financial institutions are increasing exposure to ETH. ETH price surpasses the psychological threshold of $3,000 ➜ the market is entering a "positive" state. Although it cannot be fully concluded that this is a signal for the next price increase for ETH, it is clear that the strength of large capital flows is returning. 🔍 Conclusion: Whales Are Moving—Is a Big Wave Coming? The combination of strong on-chain data, a surge in ETF inflows, and an impressive recovery in ETH prices is creating an optimistic picture for Ethereum. If this momentum continues, ETH could very well be the catalyst leading the new altcoin cycle. 👉 Investors should closely monitor on-chain indicators and institutional cash flow in the coming time to identify opportunities.