Whale Makes Bold Move in ETH Market

After a prolonged silence of nearly nine months, a major Ethereum whale has re-emerged with a significant buying spree.

According to the latest data from OnchainLens, the whale secured $20 million in USDT over the past two days and proceeded to purchase 8,806 ETH at an average price of $2,271 per ETH.

Total Holdings Surpass 21,094 ETH Worth $47.5M

Following this accumulation, the whale’s total ETH holdings have now reached 21,094 ETH, valued at approximately $47.5 million at current market prices.

  • Single Purchase Amount: 8,806 ETH
  • Average Purchase Price: $2,271
  • Total Holdings Value: ~$47.5M

This bold action has sparked renewed optimism around the medium- to long-term outlook for Ethereum.