🔥Ethereum Accumulation Heatmap: who sold the top?

Our Ethereum Accumulation Heatmap made it pretty clear:
addresses holding 1 to 10K $ETH carried out heavy distribution right near the price top.
They were the ones who took advantage of the euphoria to lock in profits while everyone else was celebrating the ATH.
And the most interesting part?

1K–10K ETH addresses are still selling, keeping meaningful selling pressure on the market.
Meanwhile, the large whales (10K+ ETH) remain much more neutral, showing only light distribution — no panic, no aggressive buying… at least not yet.

In short:

Mid-size whales (1K–10K ETH) continue to realize profits

🐋 Mega-whales are in observation mode, with mild distribution

⚠️ Supply behavior isn’t fully aligned with retail’s excitement

These accumulation and distribution patterns are essential to understand who is actually driving ETH’s price moves, and who’s quietly heading for the exit while others are still entering.