Nov 12, 2026 Ethereum Whale Report: ENA, WIN See Multi-Wallet Accumulation
November 12, 2026 — Daily On-Chain Intelligence
🐋 November 12, 2026 — $114.9M whale volume, 42% accumulation-side, 155 active whale wallets. Via @DeepBlueAlpha
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Market Mood
BearishWhales showed a distribution-side lean with a 42% accumulation-side share across 586 on-chain events totaling $114.9M in volume. QNT led activity with $16.4M in whale volume. A total of 155 unique whale wallets were active, signaling a distribution-leaning posture across the market. Net distribution-side flow was -$18.5M (exchange deposits and DEX sells minus withdrawals and DEX buys). DEX trades were 8.5% of that flow; the other 91.5% was exchange and wallet transfers.
Top Tokens by Whale Volume
15 tokens| Token | Moves | Volume | Bullish Vol | Bearish Vol | Signal |
|---|---|---|---|---|---|
 QNT |
37 | $16.4M | $8.2M | $8.3M | Mixed |
 LINK |
45 | $15.2M | $4.1M | $11.1M | Distribution |
 ONDO |
23 | $13.6M | $6.4M | $7.2M | Mixed |
 AAVE |
43 | $13.3M | $4.8M | $8.5M | Distribution |
 PEPE |
38 | $4.3M | $1.0M | $3.3M | Distribution |
 UNI |
45 | $3.9M | $1.4M | $2.6M | Distribution |
 SKY |
11 | $3.5M | $1.7M | $1.8M | Mixed |
 ENA |
28 | $3.0M | $1.5M | $1.5M | Mixed |
 WLFI |
9 | $2.8M | $1.2M | $1.6M | Mixed |
 WIN |
12 | $2.1M | $1.6M | $505.8K | Accumulation |
 NVDAon |
5 | $701.6K | $214.4K | $487.2K | Distribution |
 LDO |
3 | $645.3K | $1.0K | $644.3K | Distribution |
 WLD |
3 | $566.7K | $1.6K | $565.1K | Distribution |
 IRYS |
4 | $535.2K | $299.6K | $235.6K | Mixed |
 MORPHO |
8 | $382.6K | $178.0K | $204.6K | Mixed |
Notable Whale Moves
Top 3ONDO
QNT
LINK
High-Conviction Accumulation Signals
Conviction Ranked
Inflow/Outflow Volume by Hour
24hLate-Day Accumulation Activity
Multi-Whale Accumulation
This report summarizes 24 hours of Ethereum whale activity from 20,000+ tracked wallets. Data covers DEX swaps across Uniswap V2/V3, CoW Protocol, 1inch, and other major DEXs, plus CEX deposit/withdrawal flows. Volume excludes stablecoins, wrapped assets, and synthetic tokens. Figures cover tracked whale wallets only. Exchange withdrawals and DEX buys count as accumulation-side flow; exchange deposits and DEX sells count as distribution-side. Most whale flow is exchange transfers, not DEX trades, so a withdrawal is a custody move, not an observed purchase. Not financial advice — past whale activity is not predictive of future results.
