Ethereum (ETH) Rebounds to $3,215 as Shark Wallet Accumulation Surges, Santiment Reports

• Shark wallets holding 1,000-10,000 ETH accumulated 450,000 ETH between Nov 18 and Dec 2.
• ETH price rebounded to $3,215, supported by sustained mid-sized holder accumulation.
• Ethereum network added 190,000 new wallets in one day, hitting a 5-month growth high.

Ethereum (ETH) has regained the $3,215 level, buoyed by a clear wave of accumulation from so-called shark wallets or addresses holding between 1,000 and 10,000 ETH. According to Santiment, an on-chain analytics platform, this group of wallets has been one of the most correct early indicators for Ethereum’s (ETH) price trend throughout 2025, buying on every bottom and adding pressure during recoveries.