Ethereum Updates Today: With Ethereum's Price Dropping, Major Investors Acquire 23,501 ETH—Showing Confidence in Its Long-Term Strength

A prominent

(ETH) whale has ramped up its accumulation, purchasing 23,501 ETH in recent days—adding to its portfolio after previously borrowing 66,000 ETH for shorting. This move comes amid a broader market downturn, with Ethereum dropping almost 12% in November 2025 and hitting a four-month low of $3,000 before a slight recovery, according to . On-chain analytics provider Lookonchain has identified these actions as a calculated wager on Ethereum’s long-term prospects, despite current market turbulence, as referenced in the same report.

The recent price drop has triggered notable activity from both institutional and retail investors.

Ethereum whales collectively acquired 394,682 ETH—valued at $1.37 billion—over a three-day span, according to BeInCrypto, as cited in . An "Aave whale" spearheaded the buying, securing 257,543 ETH ($896 million), while Technologies, the largest corporate holder of Ethereum, added 40,719 ETH ($139.6 million). This follows Bitmine’s $250 million ETH purchase at the end of October, as previously mentioned in the same article. The surge in buying coincides with exchange reserves dropping to their lowest point since 2016, suggesting investors are moving assets into long-term storage, as highlighted in .

At the same time, spot Ethereum ETFs recorded their first inflows in November 2025 after six consecutive days of outflows totaling $2.9 billion. BlackRock’s iShares Ethereum Trust (ETHA) led the rebound, drawing $8 million in new investments, while Fidelity’s FETH brought in $4.95 million, as outlined in

. Despite these inflows, Ethereum’s price remains 33% below its August 2025 high of $4,946, currently trading at $3,284 and extending its weekly losses, as reported in the same source. Analysts are keeping a close watch on Bitcoin’s 50-week Exponential Moving Average (EMA-50), which is seen as a key technical indicator for future price trends, as noted in .

Institutional staking of Ethereum has also seen

. Inc., a leading Ethereum treasury platform, reported acquiring 31,057.3 ETH in October 2025, bringing its total to approximately 153,546.9 ETH, as detailed in . The company staked 32,544 ETH during the month, achieving an annualized yield of 2.93%, according to the same report. Bit Digital’s staked ETH now makes up 86.3% of its total holdings, valued at $590.5 million as of October 31, as also stated in .

Broader economic factors, such as the Federal Reserve’s cautious stance on interest rate reductions, are also impacting the crypto sector. Fed Vice Chair Philip Jefferson stressed the importance of a "gradual approach" to policy easing as rates approach a neutral level, as mentioned in

. With inflation still above the 2% goal and a government shutdown delaying crucial economic data, policymakers are taking a "meeting-by-meeting" approach, as highlighted in the same article. This uncertainty has put pressure on risk assets, including cryptocurrencies, which are also feeling the effects of broader market weakness, as reported in .

The whale’s aggressive buying and increased institutional staking underscore Ethereum’s attractiveness as a long-term investment, despite short-term market swings. Still, caution prevails, with Myriad predictors assigning just a 26% chance that

will reach a new record high this year, as reported in . As investors wait for more clarity on macroeconomic trends and Ethereum’s post-merge performance, strategic accumulation by whales and institutions could mark a pivotal moment for the asset’s future.