Santiment Intelligence
Santiment Intelligence|Jul 20, 2026 17:46
🔗 Live Chart: https://app.santiment.net/charts/weth-whale-transactions-31934?utm_source=x&utm_medium=post&utm_campaign=weth_whale_transactions_b_072026&aff=3 🐋 Wrapped Ethereum’s network has logged 113K whale transactions above $100K in the past week, its highest levels since May, 2021. For WETH, this kind of spike points to serious capital moving through Ethereum’s trading, lending, liquidity, and DeFi rails instead of passive holding. 🏦 The timing lines up with several real demand stories: U.S. spot Ether ETF inflows recently accelerated, BlackRock’s ETH products absorbing recent inflows, and Robinhood Chain using ETH for gas while clearing heavy DEX volume since its July 1 launch. 🔥 Corporate treasury activity adds another piece of fuel, with Bitmine lifting its Ethereum stack to ~5.8M ETH, while Bitmine, SharpLink, and Joe Lubin also backed Ethlabs to prepare Ethereum for more institutional demand. None of this proves a straight-line rally, but when whale WETH activity suddenly is breaking 5-year old records as ETF, L2, treasury, and institutional narratives are heating up, it’s well worth paying attention to.
+6
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads