Crypto’s Deepest Pockets Are All Making the Same Bet Right Now – Ethereum

• A Bitcoin OG whale has rotated over $1 billion from BTC into Ethereum and staked it all
• Santiment data shows ETH whales are in a major accumulation phase, adding 260k ETH in 24 hours
• US spot ETH ETFs saw $3.8B in inflows in August, and public companies now hold 3.1M ETH

While Ethereum’s price has corrected from its recent ATH of about $4,947 to trade around $4,386 on Tuesday, September 2, 2025, on-chain data shows a completely different story playing out behind the scenes. 

Whales, institutions, and even Bitcoin OGs are aggressively accumulating ETH, signaling a massive vote of confidence despite the short-term price weakness.

Whales and Institutions Are Buying the ETH Dip

The “smart money” is clearly using this dip as an accumulation opportunity, with multiple on-chain metrics flashing bullish.

What is the latest Santiment data showing?

According to on-chain data analysis from Santiment, Ethereum wallets with a balance of between 10k and 100k Ether added 260 ETH coins during the last 24 hours. As a result, this group currently holds a total of 29.62 million Ethereum coins.

Are Bitcoin whales rotating into ETH?

Yes, capital rotat…

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