Large Ethereum holders, known as whales, have purchased millions of dollars worth of ETH despite recent price declines and heavy market selling. Notable transactions include a $21.55 million purchase funded by a $22 million USDT loan from Aave, and multiple wallets acquiring thousands of ETH at prices between $2,106 and $2,245. One wallet withdrew 34,601 ETH worth about $73.75 million from Binance after two years of inactivity. These activities contrast with significant outflows from US spot Ethereum ETFs, which saw $365.2 million in net withdrawals recently. This shows that while institutional products face selling pressure, some large investors are accumulating Ethereum during market weakness, possibly anticipating a rebound.
Ethereum whales and recent price moves provide context for Pluang's market snapshot. Of 50 major cryptocurrencies on Pluang, 17 rose and 32 fell today. Ethereum (ETH) traded at Rp38,383,333 with a 1-day change of -5.07% and Pluang order activity showing 36% Sell / 64% Buy as of Nov 09, 2026 20:02 WIB. Enjin Coin (ENJ) gained 4.40% with 100% buy activity, while XRP (Ripple) fell 5.09% with 62% buy activity.
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