Santiment: Ethereum's current rebound is benefiting from strong buyouts by "Whale Wallets," accumulating 450,000 ETH in the past two weeks

BlockBeats News, December 4th, Ethereum's price surged to $3,215, mainly driven by strong buy-ups from "Whale Wallets" holding between 1,000 and 10,000 ETH. These wallets have been a key driving force behind Ethereum's price appreciation in 2025. The graph shows that this group accumulated a total of 450,000 ETH between November 18th and December 2nd.

Furthermore, the daily new wallet count on the Ethereum network reached 190,000.