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Ethereum whales make massive $400 million move: what it means

Ethereum Whales Make Massive $400 Million Move | Market Confidence Up Despite Price Dip

By

Samuel Lee

Feb 13, 2026, 01:28 AM

Updated

Feb 13, 2026, 10:22 AM

2 minutes reading time

Illustration of Ethereum whales transferring a large sum of cryptocurrency, symbolizing a $400 million transaction in the crypto market.

Ethereum whales are making headlines again with a significant movement of over $400 million in recent ETH withdrawals. This marks the highest activity since October 2025, with net outflows exceeding 220,000 ETH. A crucial question arises: what exactly does this mean for the market?

Unpacking the Current Situation

Coins have been redirected to private wallets, suggesting long-term holding strategies. This shift may reduce immediate selling pressure as Ethereum continues to face price declines, triggering speculation about the motives behind such actions.

Notable Developments

  • Staking Surge: Ethereum has reached a record 36.8 million ETH locked in staking. This reflects strong belief in Ethereumโ€™s future.

  • Whale Positioning: "Itโ€™s a clear sign of confidence," noted one commentator, underlining the conviction among major holders despite price fluctuations.

  • Accumulation Insights: Analysts suggest these moves point to anticipated market recovery, with many observing,

"Whales know when the market will rebound."

Despite these optimistic trends, there is noticeable anxiety among smaller investors. As one commenter remarked, "Remember when ETH was supposed to flip BTC?"

Community Sentiment

Reactions are mixed. While some folks express hope for ETH's growth, others reflect on past predictions that didn't materialize. A user lamented, "Remember when it was going to 10k?" This highlights a strong undercurrent of skepticism.

Key Insights from the Movements

  • โ–ณ Over $400 million in ETH withdrawn recently

  • โ–ฝ A strategic shift reflected in long-term storage choices

  • โ€ป "Whales are not just holding; they're preparing for what's next!"

Future Outlook for Ethereum

The ongoing withdrawal of ETH by whales might stabilize prices, as expressed by multiple analysts who estimate a 70% probability of market rebound. If successful in accumulating assets, increased buying pressure could follow. However, this strategy poses risks for smaller investors, potentially either boosting their confidence or raising doubts about market stability.

Lessons from the Past

Looking back, the strategies of whales today echo traits from the tech boom of the early 2000s. Just as major investors made calculated long-term decisions during downturns, todayโ€™s Ethereum whales appear to be positioning themselves for significant market updates in the near future. This pattern serves as a reminder that informed actions by key players can influence the broader market direction.

Keep an eye on these developments. Market dynamics change swiftly, and the actions of whales will likely shape Ethereum's narrative going forward.