70 Days
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الاقتصادية
Crypto Market: Whales Take Over as Investors Exit Ethereum
Ethereum experienced a 21.6% decline in June, marking its largest monthly drop since November 2025, amid a intense sell-off led by retail investors and participants in the American market. Large investors (the "whales") took advantage of this decline to purchase approximately 600,000 coins in June, significantly increasing their holdings, with stored supply expanding to 40.5 million coins. Additionally, long-term traders are starting to hold onto the currency in anticipation of market recovery to secure potential gains. Conversely, American investor sentiment deteriorated, with outflows from Ethereum spot funds amounting to $529 million during June, amid waning institutional interest and general signs of market weakness.
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