Ethereum Whale Activity Surges as Retail Participation Drops 43% in Past Week – CryptoQuant Analysis

According to CryptoQuant analysis, Ethereum's on-chain transaction patterns show a sharp divergence over the past week: daily transactions from regular user wallets have declined approximately 43%, while the average value moved per transaction has surged 184%. The data suggests larger holders continue positioning while retail participants have stepped aside.

Simultaneously, ETH netflows remain deeply negative at -79,080 coins as spot supply contracts, while stablecoin inflows into Binance have reached +$34.4 million—a 440% increase versus the 30-day average. The combination reflects capital consolidation among larger entities as the market tests new 2026 lows near $1,630.