Ethereum Whale Activity Crashes as Geopolitical Tensions Rise

Ethereum's whale activity has plummeted by 86.6% over the past two weeks, according to data from Santiment, a blockchain analytics platform.

The number of large transactions on the Ethereum network dropped dramatically from 2,194 on June 5 to just 294 today.

This sharp decline in whale participation suggests that major holders have become significantly less active on the network.

Large transactions are closely monitored by traders as they often provide insight into institutional participation, capital flows, and broader market conviction.