Ethereum Whales Boost Holdings By 14% As Moonshot MAGAX Moves Fast in Presale Stage

Ethereum Whales Accumulate 5.5M ETH, Fueling $5K Price Target

Ethereum whales are back in the spotlight as they boosted their holdings by 14% since April 2025. They amassed over 5.54 million ETH, and this has caused the bulls to be optimistic about the token testing $5,000.

At the same time, retail and mid-tier investors are looking for higher growth opportunities, with Moonshot MAGAX (MAGAX) quickly gaining traction. The Stage 2 presale is already almost 70% complete, and investors are excited to get a piece of the first AI-powered meme-to-earn ecosystem. 

ETH Eyes $5,000 Amidst Whale Movement 

Ethereum whales are accumulating ETH again, adding over 400,000 ETH in August, after months of outflows. This buying spree began in April when ETH hit yearly lows of $1,400-$1,500. 

ETH has since rebounded to the $4,400-$4,600 range, and analysts predict sustained whale demand could push it to $5,000 by late 2025. Mega whales (holding over 10,000 ETH) drove an earlier rally by adding 2 million ETH, suggesting ETH could surpass $5,000 if this trend continues.

Crypto Investors Consider New Meme-to-Earn Token 

While Ethereum whales accumulate the token, many smaller investors are going for fresh opportunities with a higher upside potential. One project gaining attention is Moonshot MAGAX, the first AI-powered meme-to-earn token that combines blockchain incentives, community, and memes.

MAGAX is currently powered by Loomint AI, a system designed to help users create, refine, and monetize memes directly within the ecosystem. Users can generate memes, and community members interact with and share the memes online. Then they can receive MAGAX tokens as a reward.

Loomint AI is creating a unique ecosystem where everyone’s content and engagement can lead to currency. The community itself fuels MAGAX’s growth and value, so this is unlike the normal meme coins that depend mostly on hype and sponsorships. 

Moonshot MAGAX Offers Community Perks 

MAGAX is easily luring diverse investors, creators, promoters, developers, and Web3 enthusiasts into the fold with its community-centric features. All MAGAX users can stake the token to earn passive income. They can also vote on the ecosystem’s proposals, so every investor has a voice in shaping the project’s future. 

Early participants can receive rewards of up to 7% when they bring in new members to MAGAX and encourage organic growth. MAGAX is also supported by deflationary tokenomics, which burns the token regularly to keep it scarce.

Analysts are very excited about MAGAX, especially with its low initial market cap that offers more than enough room for growth. Some conservative forecasts say that it would hit 166x, while others are more optimistic, going for 188x after listing. 

Join the MAGAX Presale in Stage 2 for Low Prices

So far, MAGAX’s Stage 2 presale has attracted a lot of demand, and investors are rushing to secure tokens before prices climb higher in the next round. At just $0.000293, the current presale price is praised as the lowest price ever for now, before Stage 3 raises the price to $0.000318.

Nearly 300 million MAGAX tokens have already been sold in the first two presale stages, proving that there’s high confidence in the project’s vision. For investors who feel like they missed out on Ethereum’s growth, MAGAX is another chance to enter a project with both utility and explosive growth.

Be part of the Moonshot Magax Presale Community

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