Ethereum Whales Boost Holdings by 3.72% Amid Retail Sell-Off

- Major Ethereum holders increase holdings by 3.72% - Significant institutional inflows into Ethereum ETFs despite recent outflows On June 14, 2025, Santiment reported that Ethereum whales and sharks accumulated an additional 1.49 million ETH over the past month. These wallets, which hold between 1,000 and 100,000 ETH, boosted their holdings by 3.72%. This increase brought their total holdings to nearly 27% of Ethereum's circulating supply. In contrast, retail investors took profits during this period. Meanwhile, larger investors increased their holdings. However, sources on June 14 and June 15, 2025, reported that Ethereum's price traded around $2,508 to $2,513 as of mid-June 2025. The price also experienced brief dips below $2,500. This divergence suggests that retail investors are cashing out, while large holders maintain a bullish long-term perspective on Ethereum. Additionally, Ether spot ETFs experienced a 19-day inflow streak, bringing in a total of $1.37 billion. This streak ended on June 13, 2025, with a net outflow of $2.1 million. Before this, on June 11, 2025, U.S. Ethereum ETFs saw significant net inflows of $240 million. These inflows surpassed Bitcoin ETF inflows for that day and marked the 18th consecutive day of inflows at that time. On June 13, Digital One Agency stated these institutional inflows signal a view of Ethereum as core infrastructure for the future of finance. Cointelegraph, also on June 13, noted the rising spot ETH ETF inflows indicated strong institutional investor interest. Furthermore, Blockchain Magazine reported on June 6, 2025, that BlackRock purchased $34.7 million in Ethereum. This purchase aligned with 14 consecutive days of Ethereum ETF inflows at that time. BlackRock now holds approximately 1.4 million ETH. Sahm Stock Trading noted on June 12, 2025, that sustained inflows into Ethereum ETFs reflect growing institutional interest, driven by Ethereum’s technical advancements and positive regulatory developments. By June 15, one source reported that Ethereum ETF inflows surged past $500 million in one week, representing a fivefold increase from recent weekly averages. In other news, SharpLink Gaming's (NASDAQ: SBET) stock plummeted approximately 70% during after-hours trading around June 12-13. Investor confusion and misinterpretation of an S-3 filing caused this sharp drop, as the filing related to the potential resale of shares following a private placement aimed to fund SharpLink's Ethereum treasury strategy. SharpLink Chairman Joseph Lubin, who is also CEO of Consensys, clarified the situation, stating that the filing was a standard procedural step and did not indicate actual sales by Consensys or himself. Subsequently, on June 13, SharpLink announced its strategic acquisition of 176,270.69 ETH for approximately $462.9 million, a move that positioned the company as the largest publicly-traded holder of ETH. The company also raised an additional $79 million through its at-the-market facility and used most of these proceeds for further ETH purchases. Reports indicate SharpLink deployed over 95% of its ETH holdings in staking solutions, signaling their confidence in Ethereum's long-term value. According to CoinMarketCap on June 16, 2025, Ethereum (ETH) traded at $2,577.03 as of 05:09 UTC. Its 24-hour trading volume increased by 1.45%.