V3 Research
Roundup of the Top 10 ETH buyers

Key Takeaway

In 2025, Twitter data indicates a robust accumulation of Ethereum by major institutional players, including BlackRock, Fidelity, SharpLink Gaming, BitMine, and other unidentified entities. Collectively, these players have acquired millions of ETH, while spot-ETF inflows have reached a record $1 billion in a single day, underscoring strong institutional demand despite periodic profit-taking by large holders. 20352

1. BlackRock

Profile: The world's largest asset manager is acquiring ETH through its iShares Ethereum Trust. 2035
Notable Purchases:
  • Acquired 150,000 ETH (~$640 million) on August 12, 2025. 2039
  • Recorded a single-day purchase of $499.2 million in ETH on July 17, 2025. 35
  • Bought 100,421 ETH ($276 million) and 17,261 ETH ($56.7 million) in February 2025. 4142
Shill Tweets: "ETH IS GOING TO $10,000" after purchasing 100k ETH – Tweet 41

2. Fidelity

Profile: The U.S. asset management giant is rapidly acquiring ETH via its FETH ETF. 2040
Notable Purchases:
  • Acquired 65,000 ETH (~$277 million) on August 12, 2025. 2040
  • Purchased $270 million worth of ETH on the same day across ETFs. 39
Shill Tweets: "THE INSTITUTIONS ARE COMING FOR $ETH" – Tweet 39

3. SharpLink Gaming (@DrJones)

Profile: A Nasdaq-listed gaming-tech firm pivoting its treasury towards ETH. 2
Notable Purchases:
  • Purchased 10,975 ETH ($42.79 million) on August 8, 2025. 2
  • Currently, holds 532,194 ETH (~$2.07 billion). 2
Shill Tweets: "SharpLink buys another 10,975 $ETH" – Tweet 2

4. BitMine Immersion Technologies

Profile: Led by Tom Lee, this miner aims to own 5% of the global ETH supply. 151
Notable Purchases:
  • Acquired approximately 1.15 million ETH (≈$4.96 billion) by mid-2025. 15
  • Plans a $20 billion stock issuance to continue acquiring ETH. 15
Shill Tweets: Featured in rip.eth’s "smart money stacking ETH." 1

5. U.S. Spot ETH ETFs (Aggregate)

Profile: Nine U.S. spot ETFs collectively act as a significant buyer. 2044
Notable Purchases:
  • Acquired 146,540 ETH ($420 million) in one week, February 2025. 44
  • Purchased 129,500 ETH ($383 million) on July 11, 2025. 36
  • Recorded a $1.02 billion inflow (~240,000 ETH) on August 12, 2025. 2039
Shill Tweets: "WE ARE SO BACK 🚀" – Tweet 36

6. $1 Billion ‘Mysterious Whale’

Profile: An unidentified entity using six Galaxy/FalconX/BitGo wallets. 11
Notable Purchases:
  • Acquired 221,166 ETH (~$1 billion) in one week, with $212 million in 24 hours. 11
Shill Tweets: "WHALES ARE LOADING UP ETH" – Tweet 30

7. “7 Siblings” Whale Group

Profile: A collective that still holds 1.21 million ETH after trimming its holdings. 1324
Notable Activity:
  • Bought 103,543 ETH at an average price of $2,219 between February and April 2025. 13
  • Sold 19,461 ETH ($88.2 million) amid price strength. 1324
Shill Tweets: Portrayed as strategic profit-taking. 13

8. Mega-Entity (1,169,065 ETH)

Profile: A single cluster now controls over 1.16 million ETH. 32
Notable Purchases:
  • Added 17,855 ETH ($36.8 million) on March 5, 2025. 32
Shill Tweets: "IT NOW HOLDS 1,169,065 ETH" – Tweet 32

9. Dual-Whale Pair (170,762 ETH)

Profile: Two anonymous addresses acquired nearly half a billion dollars' worth of ETH. 30
Notable Purchases:
  • Purchased 170,762 ETH ($442 million) within 72 hours on February 12, 2025. 30
Shill Tweets: "RETAIL IS PANIC SELLING ETH, WHALES ARE LOADING UP" 30

10. Single-Day Whale Stampede

Profile: Multiple whales orchestrated the largest daily accumulation since 2018. 37
Notable Purchases:
  • Acquired approximately 1,000,000 ETH in one day on June 26, 2025. 37
Shill Tweets: "LARGEST daily buy since 2018 🚨" – Tweet 37
AccountTotal ETH Bought / ActionApprox. ValueShill Tweet Example
BlackRock 150k in one day; >1.5M ETH in 2025 203541 >$1.5 B "ETH IS GOING TO $10,000" 41
Fidelity 65k ETH on Aug 12; $270M same day 204039 $277M+ "THE INSTITUTIONS ARE COMING" 39
SharpLink Holds 532,194 ETH 2 ~$2.07 B "SharpLink buys another 10,975 ETH" 2
BitMine 1.15M ETH; aiming for 5% supply 15 ~$4.96 B "Smart money stacking ETH" 1
Spot ETFs 240k ETH in one day; 146k in one week 2044 $1B+ "WE ARE SO BACK" 36
Mysterious Whale 221,166 ETH in one week 11 ~$1B "Whales are loading ETH" 30
7 Siblings Hold 1.21M; sold 19k ETH 13 $5.6B stack "Profit-taking whale group" 13
1.16M-ETH Entity 17,855 ETH added 32 $2.5B total "IT NOW HOLDS 1,169,065 ETH" 32
Dual-Whale Pair 170,762 ETH in 72 hours 30 $442M "Retail panic selling" 30
Whale Stampede 1,000,000 ETH in a day buy 37 N/A "Largest daily buy since 2018" 37