Ethereum Whales

Definition ∞ Ethereum whales are individuals or entities that hold a substantial quantity of Ether (ETH) relative to the total circulating supply. Their significant holdings grant them considerable influence over market movements through large-scale trading activities. Monitoring their actions can offer insights into market sentiment.
Context ∞ News about Ethereum whales often focuses on their transaction patterns, such as large transfers to or from exchanges, or their accumulation or divestment strategies. These movements are frequently analyzed as potential indicators of impending price shifts or market sentiment. Understanding the behavior of these large holders is relevant for participants seeking to interpret market signals within the Ethereum ecosystem.