Ethereum Price Forecast: Whales Absorb Retail Distribution as Bear Market Nears Late Stage

BitcoinWorld Ethereum Price Forecast: Whales Absorb Retail Distribution as Bear Market Nears Late Stage As of mid-2025, Ethereum’s price action is being shaped by a notable divergence: large holders, often referred to as ‘whales,’ are accumulating ETH while retail investors continue to distribute their holdings, a pattern that historically has signaled the late stage of a bear market.

On-Chain Data Reveals Whale Accumulation Blockchain analytics firms have tracked a steady increase in the number of Ethereum addresses holding significant amounts of ETH—typically defined as 10,000 ETH or more—over the past several months.

This accumulation trend coincides with a period of subdued price movement, where ETH has traded within a range of $2,800 to $3,200, according to data from major exchanges.

The behavior is reminiscent of previous market cycles, where institutional and high-net-worth investors gradually build positions during prolonged downturns, often before a sustained recovery.