Ethereum Whales Accumulate $350M as Retail Hesitates, Bullish Patterns Emerge

Ethereum

Ethereum Whales Accumulate $350M as Retail Hesitates, Bullish Patterns Emerge

Ethereum whale accumulation has driven a $350 million buying spree by big-money players since December 26, 2025, while retail investors stay sidelined. The Money Flow Index remains below 37, signaling low small-investor confidence despite bullish chart patterns like inverted head-and-shoulders.

• Money Flow Index below 37 shows retail investors avoiding Ethereum price rallies.
• Whales accumulated $350 million in ETH since December 26 amid declining retail participation.
• Record weekly transactions hit 1.73 million on December 24, driven by stablecoins, DeFi, and Layer-2 growth; futures volume on Binance exceeded $6.74 trillion in 2025.

What is Ethereum whale accumulation？

Ethereum whale accumulation refers to large investors purchasing over $350 million in ETH since December 26, 2025, while smaller retail traders hold back. This split is evident in the Money Flow Index staying below 37, indicating weak cash inflow from everyday investors during recent price upticks. Institutional moves contrast with broader market hesitation.

How does the Money Flow Index reveal this market split？

The Money Flow Index (MFI) measures money inflow and outflow into Ethereum, highlighting the divergence between whales and retail. From December 18 to 24, ETH price rose, but MFI declined, showing retail investors are not committing capital to these gains. Experts note retail buying unlikely until MFI exceeds 37, currently below that threshold.

Chart analysis supports whale confidence with an emerging inverted head-and-shoulders pattern, potentially signaling a shift from downtrend to uptrend if key levels break. The Relative Strength Index (RSI) shows bullish divergence: price hit lower lows from November 4 to December 25, but RSI formed higher lows, suggesting easing selling pressure. Resistance sits at $3,050, followed by $3,390; a break above could target $4,400, while a drop below $2,800 risks $2,620.