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Ethereum whales buy tens of millions in ETH, signaling strong confidence in price rise.

Market News
17 Jun 2026
Bitcoin
View Source
Bullish
pluang ai news

A wallet linked to BitMEX co-founder Arthur Hayes purchased 1,400 ETH worth about $2.51 million, while another whale, geministar.eth, accumulated 32,278 ETH valued at roughly $57 million over two days. These large buys come amid a market dip and suggest strong conviction in Ethereum's future, with Hayes predicting ETH could reach $12,000 by year-end. Despite some heavy selling from other holders, the significant accumulation indicates major investors are betting big on Ethereum's long-term growth potential.

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