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Ethereum whale holdings drop to historic low of 11.04M ETH, down 62% from 2022 peak.

Technical Signals
07 Jun 2026
Blockonomi
View Source
Bearish
pluang ai news

Ethereum whale wallets holding between 100,000 and 1,000,000 ETH have reduced their holdings to 11.04 million ETH, the lowest level ever recorded. This marks a 62% decline from their peak of 28.83 million ETH in early 2022, with a sharp 50% drop in the past year alone. The decline reflects a steady distribution of ETH by large holders across multiple market cycles, though it is unclear if this is due to selling or moving assets into staking or ETF custodians. This trend highlights a significant shift in large-scale Ethereum holdings, impacting market dynamics and investor behavior.

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