ETH Whale Accumulation Hits Record Highs as BlackRock Staking ETF Launches on Nasdaq

TLDR: Over 240,000 ETH worth approximately $480M has been accumulated by whales since early March 2025. BlackRock’s ETHB ETF on Nasdaq lets institutions earn yield by staking 70–95% of their ETH holdings. Rising Ethereum active addresses during a price decline mirror historical accumulation patterns seen since 2022. Shrinking ETH exchange supply combined with whale buying could trigger a supply squeeze in the coming weeks. ETH whale accumulation has reached unprecedented levels as BlackRock’s iShares Staked Ethereum Trust ETF begins trading on Nasdaq. Over 240,000 ETH, worth approximately $480 million, has been stacked since early March. The price of ETH remains range-bound between $1,900 and $2,150. Network activity data also points to growing bullish momentum. Active addresses on the Ethereum network have risen sharply. This signals that accumulation is actively driving on-chain engagement amid the current price stagnation. Whales and Institutions Drive ETH Demand Crypto analyst CryptosRus flagged the trend on social media, noting that whales are stacking ETH at a remarkable rate. The accumulation of over 240,000 ETH since early March has drawn broad market attention. Despite this sustained buying pressure, the ETH price has not yet broken out of its current range. WHALES ACCUMULATING $ETH AS BLACKROCK STAKING ETF LAUNCHES Whales are stacking $ETH at an unprecedented rate Over 240,000 ETH (~$480M) has been accumulated since early March while price remains range-bound between $1.9K–$2.15K. The move comes as BlackRock’s iShares… pic.twitter.com/078THUC2Lf — CryptosRus (@CryptosR_Us) March 14, 2026 BlackRock’s iShares Staked Ethereum Trust ETF now trades under the ticker ETHB on Nasdaq. This product has introduced a fresh layer of institutional demand into the ETH market. The ETF allows institutions to gain direct exposure to ETH while staking between 70% and 95% of holdings for yield. It gives institutional participants both price exposure and a passive income st...