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Ethereum News: Whales Grab 22% of ETH Supply as Pepeto Presale Tops $10.2 Million Before Listing

06-05-2026 06:15 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TOKENWIRE

/ PR Agency: https://www.tokenwire.io
Ethereum News: Whales Grab 22% of ETH Supply as Pepeto Presale

Ethereum lost 32% of its value in 2026 while Bitcoin dropped just 11%, and the gap keeps widening. Whale wallets responded by grabbing 17.41 million ETH over ten weeks, pushing their share to 22% of total supply. The Ethereum news this week shows smart money stacking into the dip, not running from it.

Beyond ETH, a presale built by the original Pepe coin cofounder has pulled in more than $10.2 million while the rest of the market bleeds, and that story deserves a closer look.

Latest Ethereum News: Whale Wallets Hit a 10 Week High as ETH Drops Below $1,800

The latest Ethereum news confirms that large holders now control 17.41 million tokens at a ten week high, roughly 22% of total supply according to CoinMarketCap. ETH trades near $1,600, down from above $4,900 at its August 2025 peak.

A report from crypto.news shows Ethereum has fallen harder than Bitcoin this year, with ETF outflows and Layer 2 competition adding pressure. But the whales buying through this fear point to something the price has not caught up with yet.

Where ETH Whales and the Pepeto Presale See the Same Signal

Pepeto

The same whales stacking ETH below $1,800 know that the biggest gains never come from coins already priced in. Pepeto https://pepetocoin.com has pulled in more than $10.2 million during one of the most fearful stretches since 2022, and the Ethereum news cycle has barely covered it.

Unlike most presales that ship nothing until listing day, Pepeto already runs a live exchange platform where buyers can test PepetoSwap for zero fee trading before a single exchange lists the token. That working product has drawn thousands of wallets into the presale, each entering at the same price regardless of wallet size. Right now Pepeto sits at $0.0000001874, and a Binance listing approaching will close this entry point for good.

The cofounder built the original Pepe coin that hit $7 billion with zero products behind it, and Pepeto comes loaded with tools Pepe never offered. PepetoSwap handles zero fee swaps while the cross chain bridge moves assets between networks at zero cost, keeping capital safe from hidden fees that drain retail wallets elsewhere. Everything runs inside one platform built by a former Binance expert. Holders who stake today lock in 170% APY on top of the position they carry into the listing.

Analysts project the listing could push the token well past 100x from presale levels, and SolidProof has cleared every contract backing the platform. Entering the Pepeto https://pepetocoin.com presale at this stage and holding through the listing is how small entries become the positions others wish they found, and this window closes permanently the moment trading begins.

https://youtu.be/wR3oOlNJj64?si=V7Ekv4mK69tQvNtI

Ethereum Price Prediction: Where ETH Heads After the June Selloff

Ethereum trades near $1,600 as of June 5, down from its August 2025 peak above $4,900. The 14 day RSI sits at 32 near oversold territory according to CoinDCX, and the token stays below every major moving average. Standard Chartered holds a $4,000 year end target, pointing to staking yields and the Glamsterdam upgrade as catalysts.

Analysts on Changelly project an average ETH price near $2,141 for the year with a floor around $1,780. Bulls need a close above $2,000 to flip the short term trend, but the Ethereum news around whale buying and the coming upgrade suggests the bottom may already be forming.

Conclusion:

Ethereum news today confirms whale wallets loading ETH at the deepest discount since 2022, and Standard Chartered still sees $4,000 by December. But the wallets inside Pepeto are not waiting for a bounce because the Binance listing sets the timeline. More than $10.2 million raised proves the debate about which position leads this cycle is settled by the capital that already flowed in.

The original Pepe coin hit $7 billion with zero products, and the Pepeto official website shows a live exchange, a working bridge, and every contract cleared by SolidProof. More tools behind a project should logically reach more than what zero tools reached, and entering the presale now is how to secure the returns the listing will deliver. Missing this entry could be the most expensive choice of the cycle.

Click To Visit Pepeto Website To Enter The Presale: https://pepetocoin.com

FAQs

What does the latest Ethereum news say about ETH?

Whale wallets now control 22% of ETH supply at a ten week high while the price trades near $1,600 below every major moving average.

Is Ethereum a smart buy during the June selloff?

Standard Chartered targets $4,000 for ETH this year, but the Ethereum news around the Pepeto presale at the Pepeto official website points to even bigger return potential.

Why are wallets buying Pepeto while the market drops?

Pepeto raised more than $10.2 million during this dip because the approaching Binance listing means presale holders capture returns that late buyers will never match.

Disclaimer:

This article is for informational purposes only and should not be considered financial advice. Cryptocurrency investments are highly volatile and carry significant risk, including the possibility of losing invested capital. Always conduct your own research or consult a licensed financial advisor before making investment decisions.

Contact: Dani Bonocci
Website: https://www.tokenwire.io
Phone: +971586738991
SOURCE: Pepeto

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