In an absolutely massive on-chain move, a Satoshi-era crypto whale — active since the early Bitcoin days — has just purchased 385,000 ETH, valued at approximately $1.3 billion.
The transaction, tracked by multiple on-chain analytics platforms, sent shockwaves across the crypto community, instantly pushing Ethereum’s price up by over 2% within hours.
📊 Key Details:
Whale Purchase: 385,000 ETH (~$1.3B)
Average Price: Around $3,380
Transaction Origin: Wallets dormant since 2014–2015
Immediate Impact: ETH price spiked from $3,370 → $3,440
Analysts are buzzing with speculation about who this whale might be — with some suggesting ties to early Ethereum developers or legendary Bitcoin-era investors who’ve been quietly accumulating during the recent dip.
“This isn’t just any whale — this is an old-school crypto OG who’s been in since the Satoshi days,” one analyst commented. “When someone with that kind of foresight makes a billion-dollar move, the market pays attention.”
With Ethereum’s RSI recovering from oversold levels and sentiment turning bullish, traders are now watching to see if this mega whale buy signals the start of a larger institutional wave into ETH before the next major leg up.
💬 What do you think — is this just a smart whale accumulating early, or does he know something big about what’s coming next for $ETH?
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