Whales Stack Record ETH as CryptoQuant Flags Bottom Signal
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- Ethereum wallets holding 10,000–100,000 ETH collectively hold a record 19.6 million ETH, while wallets above 100,000 ETH added roughly 1.8 million ETH since mid-2025
- XRP spot order sizes stayed in CryptoQuant's "big whale" category as the token traded between $1 and $1.20, though neutral 90-day taker cumulative volume delta indicated passive absorption rather than aggressive buying
- Bitcoin traded at $63,935, above its realized price of $52,900, while Ether at $1,858 sat below its realized price of about $2,450, and XRP at $1.10 traded above its $0.75 realized price
- CryptoQuant called "rising whale balances into price weakness" the clearest smart-money tell, noting the accumulation pattern has historically preceded market bottoms
- 10x Research said Bitcoin could confirm a bear-market bottom with a monthly close above $63,000, while K33 noted Bitcoin historically hit cycle lows within weeks after more than half of its circulating supply was held at a loss
Why it matters: For traders timing a bottom, CryptoQuant's whale accumulation data converges with bottom calls from 10x Research and K33 — yet Ether trading below its $2,450 realized price shows large holders are still buying into losses, a setup CryptoQuant itself says has preceded past recoveries but leaves the market exposed to further drawdown.
