Data indicates that holders of Ethereum with between 1,000 and 100,000 ETH have increased their holdings by 14% since April 2025, driven by growing institutional interest and ETF inflows.
Growth of Ethereum Holders
According to Santiment, the amount of Ethereum held by 'whales' has increased by 14% since April 2025. This reflects growing interest from institutional investors and strategic reallocations that have positively impacted Ethereum's prices.
Large Institutional Investments
BitMine Immersion Technologies, a major player in the Ethereum market, significantly increased its holdings to 1.86 million ETH, targeting 5% of the total supply. A total of $33 billion in Q3 ETF inflows also contributed to Ethereum's price surge of 197.3% from its April lows.
Trends in the Cryptocurrency Market
The shift of capital from Bitcoin to Ethereum indicates changes in the asset allocation landscape within the cryptocurrency market. The total value locked in Ethereum DeFi soared to $223 billion, marking a 400% year-on-year increase. Analyst BlockByte noted: 'The 59% market dominance growth of Ethereum versus Bitcoin's 65% decline signals capital reallocation toward utility-driven crypto infrastructure.'
The growing interest in Ethereum coupled with potential regulatory changes and the rise of DeFi technologies could lead to significant shifts in the cryptocurrency market in the future.
