Ethereum just passed Bitcoin in total wallet holders at 189.5 million addresses, and on the same day whales moved $260 million in ETH onto exchanges. The people controlling the most capital are positioning right now, and the Ethereum news tells a clear story about where conviction sits. While those wallets load ETH at $2,347, Pepeto has collected more than $9 million in its presale with a Binance listing approaching, which means the strongest returns this cycle might come from an entry most buyers have not found yet.
Ethereum News: 189 Million Holders and $260 Million in Whale Moves
On May 8, more than 113,000 ETH worth almost $260 million landed on exchanges in a single day according to CoinMarketCap. Garrett Jin alone sent $178 million to Binance, and BlackRock together with Fidelity transferred ETH to Coinbase Prime. On-chain data shows Ethereum now holds 189.5 million non-empty addresses, beating Bitcoin’s 59 million by 320% according to MEXC. That kind of buying from that level of capital does not happen randomly, and this Ethereum news points to a market about to shift.
ETH Momentum and Pepeto: Where the Capital Is Flowing This Week
Pepeto
The gap between what large wallets are buying at $2,347 and what most traders can afford shows why presale entries keep drawing capital during weeks like this. Pepeto is a meme coin exchange built by the creator of the original Pepe coin, and a former Binance expert sits on the same team guiding the project toward its approaching listing.
At its center, the presale has pulled in more than $9 million from wallets that want every tool on one platform without paying extra fees.
Two of those tools are already running: PepetoSwap handles trades at zero cost and the cross-chain bridge moves tokens between networks for free, while most meme coins still offer nothing beyond a logo and a promise.
In a market where price swings punish anyone stuck on the wrong chain, Pepeto exists to give buyers back control through faster swaps, cheaper transfers, and protection that covers capital before it lands. That protection on every trade is why Ethereum news trackers are starting to notice this presale as the one that fits this cycle perfectly.
While its exchange is already live, its staking pool pays 174% APY to holders who lock tokens during the presale window. Progress is clearly running faster than the roadmap promised, and every contract has cleared a full SolidProof audit so the people entering now know the code is clean before they commit.
This is not a guess priced at $0.0000001864, but a working exchange where the entry vanishes the moment the Binance listing opens and early buyers collect what everyone else pays a premium to chase.
Ethereum (ETH) Price Prediction
Ethereum trades near $2,347 as of May 11, and the chart shows a market caught between whale buying and stubborn resistance according to CoinDCX. The $2,420 level has rejected price twice in recent sessions. Analysts place the May target between $2,250 and $2,657, with a breakout above $2,420 needed to reach the upper end.
On chain, whale wallets added 140,000 ETH worth $322 million in early May according to CoinMarketCap, and roughly 37 million ETH sits locked in staking. The Glamsterdam upgrade targeting June 2026 could triple layer 1 speeds, but the best Ethereum news outcome this month still caps around 13% from current levels. That 13% matters when a presale is priced for returns only a listing can produce.
Ethereum News: The Bottom Line
While this week’s Ethereum news confirms long-term belief in established tokens, the buyers chasing the biggest returns are moving past large caps toward presale entries with real products behind them. Pepeto has proven itself with a working exchange and $9 million raised, and wallets keep entering every day through the Pepeto official website.
The people who built wealth from ETH’s earliest days all made one decision, they moved while the entry was still open. That same entry sits at Pepeto right now, and the listing is the one event that turns presale positions into returns ETH cannot deliver from $2,347, because missing this window means watching from the outside when early holders collect what was there today.
Click To Visit Pepeto Website To Enter The Presale
FAQs
What is the most important Ethereum news this week?
Ethereum surpassed Bitcoin with 189.5 million total holders and whales moved $260 million in ETH to exchanges on May 8, showing growing conviction from the largest wallets in the market.
Can Ethereum reach its all-time high again in 2026?
Analysts target $2,250 to $2,657 for May, but the Glamsterdam upgrade and rising Ethereum news about whale buying could push ETH past those levels by year end.
Can Pepeto deliver strong returns after listing?
Pepeto combines presale pricing, a live exchange, and a Binance listing on the horizon, and the Pepeto official website is where holders position for returns the listing could unlock.
