Ethereum Exchange Reserves Fall to 2025 Low of $60.8 Billion as Whales Accumulate

Ethereum's exchange reserves have dropped to their lowest level in 2025, reaching approximately $60.8 billion, as large holders increase accumulation. On-chain data shows rising transaction volumes linked to whale activity. Derivatives market open interest has stabilized near $19.1 billion, with slightly positive funding rates indicating cautious bullish sentiment. The ETH price remains range-bound between $3,800 and $4,000 after last week's correction.