Whale Purchases 65,700 stETH in 4 Hours, Holds 142,777 ETH Now

Whale Makes Significant stETH Purchase

According to on-chain monitoring by Onchain Lens, a crypto whale bought 65,700 stETH in the past 4 hours, funded by a $155 million USDT loan.

ETH Holdings Reach New Heights

Currently, the whale holds a total of 142,777 ETH across two wallets, valued at approximately $460.11 million, indicating continued confidence in the Ethereum ecosystem.

Market Impact Considerations

• This transaction may cause short-term fluctuations in the stETH market price.
• Whale activities are often seen as indicators of broader market sentiment.
• Large-scale movements can attract attention and potentially trigger follow-up actions from other investors.