According to new data from blockchain tracking platform Lookonchain, a whale previously known for purchasing 60,784 ETH on February 8 made another major move on February 15.
Within the last 8 hours, this whale withdrew 7,301 ETH from the OKX exchange, equivalent to approximately $15.14 million at current market prices.
Whale's Repeat Accumulation Sends Positive Signal
This latest purchase is being interpreted as a strong market sentiment indicator. The whale's consecutive ETH acquisitions in such a short timeframe suggests a bullish long-term outlook on Ethereum's ecosystem and price trajectory.
- Initial position of 60,784 ETH established on February 8
- Additional 7,301 ETH acquired on February 15
- Total portfolio value exceeds $150 million
Market Analyst Perspectives
Multiple crypto analysts have pointed out that this whale's trading pattern differs from previous behaviors, potentially signaling institutional capital quietly entering the market. ETH prices may face upward pressure in the short term.