{"id":89008,"date":"2026-05-03T08:48:14","date_gmt":"2026-05-03T08:48:14","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=89008"},"modified":"2026-05-03T08:48:14","modified_gmt":"2026-05-03T08:48:14","slug":"ethereum-whales-go-on-accumulation-spree-as-eth-awaits-major-trigger","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=89008","title":{"rendered":"Ethereum Whales Go on Accumulation Spree as ETH Awaits Major Trigger"},"content":{"rendered":"<div>\n<p>April ended as the second month in a row with gains for the second-largest cryptocurrency, which even tried another breakout over the past 12 hours before it was stopped at $2,350.<\/p>\n<p>Whales have used this opportunity to accumulate more tokens, according to data provided by Ali Martinez, while other analysts believe there could be a more profound rally in the making.<\/p>\n<h2>Whales Are Buying<\/h2>\n<p>On-chain data shows that Ethereum whales had accumulated over 140,000 tokens in the past four days alone. The stash is worth more than $320 million at today\u2019s prices. Such moves have a two-fold impact on the market as they reduce the immediate selling pressure and could also serve as an example for smaller investors.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Whales have gone on a buying spree, accumulating over 140,000 Ethereum <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> in the last 96 hours, worth around $322 million. <a href=\"https:\/\/t.co\/uHZqV3B0W9\">pic.twitter.com\/uHZqV3B0W9<\/a><\/p>\n<p>\u2014 Ali Charts (@alicharts) <a href=\"https:\/\/twitter.com\/alicharts\/status\/2050826134019830226?ref_src=twsrc%5Etfw\">May 3, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The whales\u2019 behavior builds on the previous accumulation spree by ETF investors. As <a href=\"https:\/\/cryptopotato.com\/bitcoin-etfs-attract-almost-2b-in-april-as-2026-turns-green\/\">reported<\/a> over the weekend, market participants gaining exposure to ETH through the exchange-traded funds snapped a multi-month red streak by pouring over $350 million.<\/p>\n<p>At the same time, the underlying asset <a href=\"https:\/\/cryptopotato.com\/bitcoin-ended-april-with-biggest-monthly-gains-in-a-year-whats-next\/\">ended<\/a> April with a notable 7.3% increase, following a 7% rise in March. Before that, ETH was in a six-month price decline streak that began in September 2025.<\/p>\n<h2>Waiting for a Trigger<\/h2>\n<p>As mentioned above, ETH tried to break out in the past 12 hours after Iran <a href=\"https:\/\/cryptopotato.com\/bitcoin-swings-after-irans-latest-proposal-to-the-us-whats-next\/\">sent a new proposal<\/a> to the US but was quickly halted as Trump said he couldn\u2019t imagine it would be a good one.<\/p>\n<p>Popular analyst CW commented that high-leveraged ETH positions have increased only slightly, while shorts have declined. This small change hasn\u2019t impacted the overall \u2018ideal situation\u2019 for the asset, but it still waits for a major trigger.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">High-leveraged long positions on <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> have increased slightly, while short positions have decreased slightly.<\/p>\n<p>The change is very small. <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> is moving sideway, but high-leveraged investors remain inactive.<\/p>\n<p>The ideal situation is being maintained. <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> is waiting for a trigger. <a href=\"https:\/\/t.co\/6NZy5nUchL\">https:\/\/t.co\/6NZy5nUchL<\/a> <a href=\"https:\/\/t.co\/t0A64Vw1dA\">pic.twitter.com\/t0A64Vw1dA<\/a><\/p>\n<p>\u2014 CW (@CW8900) <a href=\"https:\/\/twitter.com\/CW8900\/status\/2050836065158939124?ref_src=twsrc%5Etfw\">May 3, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In a separate tweet, CW <a href=\"https:\/\/x.com\/CW8900\/status\/2050829631117488224\">added<\/a> that the Ethereum Open Interest is also showing an upward trend, which could be a healthier signal for a bigger move ahead.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ethereum-whales-go-on-accumulation-spree-as-eth-awaits-major-trigger\/\">Ethereum Whales Go on Accumulation Spree as ETH Awaits Major Trigger<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>April ended as the second month in a row with gains for the second-largest cryptocurrency, which even tried another breakout over the past 12 hours before it was stopped at $2,350. Whales have used this opportunity to accumulate more tokens, according to data provided by Ali Martinez, while other analysts believe there could be a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-89008","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/89008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=89008"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/89008\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=89008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=89008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=89008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}