Ethereum (ETH) Whales Shift Over 150000 ETH Between Exchanges and Wallets

Major on-chain data shows that crypto whales have been massively accumulating Ethereum (ETH) as several large ETH transfers took place within 24 hours.

Several large ETH transfers took place within 24 hours as major on-chain data shows that crypto whales have been massively accumulating Ethereum (ETH).

Several on-chain metrics indicate that this accumulation is directly linked to the recent sharp price increase seen in the Ethereum market across multiple timeframes.

ETH Whales Transfer 76,800 ETH for Staking

One notable transaction saw Ethereum whales move 76,800 ETH from Binance to Binance Beacon Deposit, amounting to over $195 million.

This activity signals a potential staking strategy by the whales as the deposit aligns with Ethereum’s proof-of-stake mechanism. The timing of this transaction coincides with a substantial spike in network-level inflows to accumulation addresses.

? ? ? ? ? ? ? ? 76,800 #ETH (195,308,712 USD) transferred from #Binance to Binance Beacon Deposit

— Whale Alert (@whale_alert) May 12, 2025

This activity comes amid heightened whale movement and price growth across the Ethereum ecosystem. On-chain metrics indicate that this was one of the largest single ETH moves in recent times.

These movements reflect confidence in Ethereum’s future, as such large-scale accumulation is generally followed by price continuation.

CryptoQuant data confirms that several accumulation addresses now record all-time highs in inflows, surpassing any previous benchmarks since 2017. The transfer to the Beacon Deposit address signals continued belief in staking as a long-term play.

This activity comes despite Ethereum’s significant recent price gains, which usually lead to selling pressure from whales. However, the sustained buying activity suggests a different strategy.

Whales are accumulating $ETH like never before ?pic.twitter.com/dr6aKkKkkr

— Gordon (@AltcoinGordon) May 12, 2025

40,930 ETH Moved to Custodial Platform Ceffu

Another major Ethereum transaction involved the transfer of 40,930 ETH, valued at $104.6 million, from a private wallet to custody service Ceffu.

The source wallet remains undisclosed, but this move aligns with the broader behavior of accumulation across the network. Whale Alert tracked this transaction as part of a larger trend of ETH consolidation.

This pattern supports the narrative that large ETH holders are securing assets rather than liquidating at current prices. The move suggests preparation for long-term holdings with Ethereum trading between $1,763 and $2,582 over the past week.

The inflow to Ceffu follows similar shifts, indicating broader institutional storage strategies. Such activity also reflects increased confidence in Ethereum’s utility and potential market performance.

Market analysts note that previous phases of massive accumulation often preceded major price moves. The size and timing of this transfer imply strategic foresight and calculated capital deployment.

32,496 Ethereum Sent From Binance to Private Wallet

A third key Ethereum transfer involved 32,496 ETH, valued at $82.9 million, being sent from Binance to an undisclosed private wallet.

This addition to more than 150,000 ETH moved within a short time frame. Each transfer underscores a consistent accumulation pattern emerging from whale-level addresses.

This recent accumulation surge also follows an earlier move involving 123,000 ETH over several days. The large transactions’ overall volume and frequency indicate that major players are repositioning.

These coordinated moves further validate CryptoQuant’s data, which shows a historic rise in ETH inflows.

Ethereum has gained 50.6% in the past month and 38.6% in the past week alone. With over 66 million ETH in profit, whales continue acquiring more. The price momentum and high inflow data align to show confidence in Ethereum’s long-term trajectory.