Ethereum Gains Institutional Momentum as WLFI, Whales Accumulate ETH During Market Dip

Ethereum is once again drawing major attention as institutional interest in the world’s second-largest cryptocurrency continues to rise. Despite recent price weakness, large investors and crypto whales are actively accumulating Ether, signaling confidence in Ethereum’s long-term value. One of the most notable developments comes from World Liberty Financial (WLFI), a Trump-backed blockchain project, which has strategically rebalanced its crypto portfolio in favor of Ethereum.

According to on-chain data shared by Onchain Lens, WLFI recently sold approximately 93.77 Wrapped Bitcoin (WBTC), worth over $8 million, and used the proceeds to acquire 2,868.4 ETH at an average price of $2,813. Wrapped Bitcoin is an Ethereum-based token backed 1:1 by Bitcoin, allowing BTC liquidity to be used within Ethereum’s DeFi ecosystem. This move highlights WLFI’s shift away from Bitcoin exposure toward Ethereum, suggesting a strong belief in ETH’s relative upside potential.

The reallocation comes at a time when Ethereum is under notable selling pressure. ETH has dropped below the key $3,000 support level and is currently trading near $2,864, reflecting a daily decline of about 2.6%. The token is also down more than 10% over the past week. In contrast, Bitcoin is trading around $87,662, with smaller losses on a monthly basis. This divergence suggests that some institutions may view Ethereum as undervalued compared to Bitcoin.

Beyond WLFI, whale accumulation of Ethereum has surged. CryptoQuant data shows large holders steadily buying ETH during the recent dip, particularly in the $2,600–$3,000 range. Onchain Lens reported that a newly created wallet purchased 61,000 ETH worth over $171 million from Binance, while another whale acquired 20,000 ETH from Wintermute and now holds nearly 100,000 ETH.

Public companies are also joining the trend. Tom Lee’s BitMine, currently the largest public holder of Ethereum, recently added more than 35,000 ETH to its balance sheet during the broader market downturn. These large-scale purchases suggest that institutions are taking a long-term investment approach, viewing the current pullback as a buying opportunity.

With rising institutional accumulation and renewed interest from major players, Ethereum appears to be regaining momentum. If this trend continues, ETH could be well-positioned for a strong recovery and potentially new all-time highs in the future.