On-chain data show whale accumulation and large corporate treasury buys for Ethereum amid mixed ETF flows and liquidation pressure

Realized-price on-chain data indicate large holders have raised their cost basis from about $1,560 in June toward the ~$3,000 zone, signaling steady whale accumulation that could form structural support. Ethereum ETFs have recorded more weeks of inflows than outflows this year and weekly outflows have slowed since September, reflecting growing institutional demand. Together these trends point to December as a consolidation phase and increase the probability of a meaningful upward move into early 2026 if accumulation and institutional demand persist.
AI Analysis
On-chain realized-price shows large holders raising cost basis from ~$1,560 to near $3,000 (whale accumulation); Ethereum ETFs posted more weeks of inflows than outflows this year and weekly outflows have slowed since September; summary concludes December is a consolidation phase and raises probability of an early-2026 upward move if those trends continue.