What Crypto Whales Are Buying and Selling Ahead Of The April US CPI Print
Crypto whales are significantly accumulating Ethereum ahead of the April US CPI print, with whale wallets increasing by 500,000 ETH, worth approximately $1.09 billion. The Ethereum Foundation has also staked an additional 45,000 ETH, reducing sell-side pressure and supporting a bullish outlook. This activity suggests large holders are betting on a softer core CPI reading to trigger a market relief rally despite rising energy costs.
The March Consumer Price Index (CPI) data, a measure of the cost of goods and services, lands today with a hot print expected amid Iran war-driven energy costs. A fragile ceasefire has offered reprieve, but uncertainty lingers. Crypto whales are already positioning. BeInCrypto analysts tracking on-chain whale activity have identified three tokens showing sharp accumulation or selling ahead of the release. Ethereum (ETH) Among the tokens seeing heavy whale accumulation ahead of the April CPI print, Ethereum (ETH) stands out. Its positioning dwarfs all others. Santiment data shows ETH crypto whale wallets surged from 122.93 million to 123.43 million tokens in hours. That 500,000 ETH increase translates to roughly $1.09 billion in fresh buying. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. Whale Accumulation: Santiment Headline CPI is expected to spike due to a 10.6% month-over-month jump in energy costs. However, core CPI inflation data is forecast at a softer 0.3% month over month. Large holders appear to be betting on that softer undertone sparking a relief rally. BoA on CPI: The March CPI report should show the initial effects of the Iran war. We forecast a 0.9% m/m (0.91% unrounded) increase in headline CPI owing to a 10.6% m/m jump in energy prices. Core CPI, meanwhile, should be softer at 0.3% m/m (0.26% unrounded)While our forecast… pic.twitter.com/YrZsJh0BrP— Neil Sethi (@neilksethi) April 9, 2026 Meanwhile, the Ethereum Foundation recently staked roughly 45,000 ETH to generate yield rather than sell. That structural shift reduces ongoing sell-side pressure from a major network entity and reinforces the bullish thesis. The #EthereumFoundation just staked another 45,034 $ETH($93.11M).https://t.co/3V40uW89I4https://t.co/OJ7QxOH7aE pic.twitter.com/7RDMhbpz6i— Lookonchain (@lookonchain) April 3, 2026 On the daily chart, ETH is forming a cup-and-handle pattern inside a descending channel. The cup bottomed n...
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