Whale Re-enters ETH Market After Two-Week Pause
On-chain data reveals a significant ETH accumulation after a 14-day silence from a well-known trading address. Approximately 10 hours ago, 1,139 ETH — valued at $3.5 million — was withdrawn from a major exchange at an average entry price near $3,071.68, marking a strategic repositioning.
Proven Track Record of Timely Moves
Prior to this, the same entity executed a highly profitable ETH trade between December 28, 2024, and January 6, 2025, securing gains of over $807,000. This new move suggests renewed confidence in ETH’s upward momentum despite broader market uncertainty.
- Entry timed during a cooling phase in investor sentiment
- Funds moved directly without obfuscation layers
- Low-frequency, high-accuracy trading pattern
Rare but impactful, this actor’s behavior reflects a calculated approach focused on high-conviction signals, making their activity a key indicator for market observers.