Ethereum Whale's Massive Sale Leaves Market in Flux

An Ethereum whale recently sold an entire stack of 167,855 ETH worth about $408 million over five days.

This massive sale occurred despite a 4.3% gain in Ethereum's price over 24 hours, with the token trading above $2,500.

Invesco ETF clients have been adding to their ETH holdings since March 19, 2026, accumulating about $167 million and maintaining a net holding streak of almost six months.

Abraxas Capital bought another 16,554 ETH worth about $39.8 million while also holding large short positions in ETH on Hyperliquid.