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.