hodler

30 May 2026, 03:00

Ethereum Price Falls, But Whales Push Holdings To 10-Week High

On-chain data shows large wallets on the Ethereum network have continued to accumulate despite the price decline that the asset has faced. Ethereum Holders With At Least 100,000 ETH Now Control 22% Of Supply According to data from on-chain analytics firm Santiment, the Ethereum investors owning at least 100,000 ETH have been accumulating recently. At the current exchange rate, this 100,000 ETH cutoff converts to nearly $200 million, so the only holders that would qualify for the cohort would be the big-money ones. Related Reading: Cardano Millionaire Wallets Reach Highest ADA Holdings Since 2017 In fact, the sums held by members of this group are so significant that they would be classified as large even among the whales, the popular cohort for classifying influential investors. Now, here is a chart that shows the trend in the total supply held by these Ethereum mega whales over the last few months: As displayed in the above graph, the Ethereum investors with 100,000+ ETH have collectively added a net amount to their holdings since the start of May. Interestingly, this trend of accumulation has maintained despite the bearish turn that the market has taken in the second half of this month. From the chart, it’s visible that these humongous ETH investors now hold a total of 17.41 million tokens, the highest in around nine weeks. In supply percentage terms, their holdings occupy a share of 22.03%, which is a 10-week high. The fact that the massive Ethereum whales have been adding to their holdings recently can naturally be a positive sign for the cryptocurrency, but something to keep in mind is that the supply of this group has still followed an overall decline since Q4 2025. Considering this, it only remains to be seen whether the current trend will continue for long enough to reverse this drawdown. Related Reading: Crypto Faces Nearly $1 Billion In Liquidations As Bitcoin, Ethereum Crash In related news, on-chain analytics firm CryptoQuant has also shared some data related to large holders, this time for the Bitcoin network. As is apparent in the graph on the right, the Bitcoin whales saw their supply go up during January and February, but since then, their 30-day supply change has dropped off to neutral levels. At the same time, the smaller dolphin group (displayed on the left) has also been pulling back on its accumulation. “Historically, when both cohorts stall simultaneously, sustained price weakness tends to follow,” explained CryptoQuant. ETH Price Following a drop of more than 6% over the past week, Ethereum has found itself back under the $2,000 level for the first time since late-March. Featured image from Dall-E, chart from TradingView.com

30 May 2026, 02:30

Corporate Ethereum Race Heats Up As Bit Digital Buys Additional $20M ETH

Bankless co-founder David Hoffman recently sold the last of his Ethereum holdings, saying the investment case for ETH had largely played out. That exit came the same week Bit Digital went the other direction — dropping $20 million to add more to its already substantial Ethereum stash. A Company Building Around Ethereum Bit Digital acquired 8,568 ETH on May 11 at an average price of $2,334 per token, pushing its total holdings to roughly 158,462 ETH. The Nasdaq -listed company said the purchase was part of a broader strategy to grow net asset value per share through Ethereum accumulation, AI infrastructure, and acquisitions. According to CEO Sam Tabar, the deal helped trim the firm’s average purchase price. Bit Digital operates across three areas: Ethereum treasury management, AI and high-performance computing infrastructure, and strategic acquisitions, with its WhiteFiber subsidiary trading on Nasdaq under the ticker WYFI. The purchase moved Bit Digital past Coinbase Global — which held about 151,175 ETH — to become the fourth-largest public corporate holder of Ether, based on CoinGecko data. Other Firms Are Piling In Too Bit Digital is not alone. Bitmine Immersion Technologies made its largest ETH purchase of the year earlier this week, buying 111,942 Ether. Chairman Tom Lee said Ethereum stands to benefit from a crypto supercycle driven by tokenization and AI-powered agents. Based on CoinGecko data, Bitmine Immersion currently ranks as the largest public Ethereum treasury holder, with more than 5 million ETH. The buying spree is happening even as ETH trades well below its recent highs. The token was priced around $2,013 at the time of reporting, down about 30% year-to-date and nearly 60% off its August 2025 peak near $4,946. Price Lags While Network Activity Holds Steady Standard Chartered released a report Thursday arguing that Ethereum’s on-chain metrics tell a different story than the price. Transaction activity and total value locked on the network remain near record levels, the bank said, despite the sharp drop in token value. The bank’s global head of digital assets research, Geoff Kendrick, held to a price target of $4,000 for ETH by end of 2026 and $40,000 by 2030. He said growth in stablecoin use and tokenization activity on Ethereum could close the gap between network usage and token price. Hoffman, meanwhile, acknowledged that Ethereum’s network may keep expanding through stablecoins, tokenization, and layer-2 activity. His concern is that only a limited share of that growth ends up benefiting ETH holders directly. Featured image from Trail Runner Magazine, chart from TradingView

30 May 2026, 01:55

Ethereum whales now control 17.41 million ETH, 22 percent of supply

💼 Ethereum whales now hold 17.41 million ETH, equal to 22 percent of supply. During price drops, big investors have been buying more in $ETH. Continue Reading: Ethereum whales now control 17.41 million ETH, 22 percent of supply The post Ethereum whales now control 17.41 million ETH, 22 percent of supply appeared first on COINTURK NEWS .

30 May 2026, 00:01

Bitcoin (BTC), Zcash (ZEC), Ethereum (ETH) and XRP Price Analysis for May 30: Bearish Pressure Emerges

The cryptocurrency market remains under pressure, with most major assets struggling to regain momentum and clinging to key support zones after weeks of sustained weakness.