ETH Accumulation Happening Behind the Scenes / Nearly 50K ETH GRABBED Upš„³š„³š„³.
Pretty bullish has been unfolding for #Ethereum over the last several hoursā¦ and itās not just one wallet doing the buying.
Three different addresses have been steadily grabbing $ETH , with the combined total reaching 49,424 ETH .. approx. $100M+ at current prices.
The biggest move came from wallet 0x8E34dFb6b5aF9ae7bAF421f5C67E2ce2FA964170, which withdrew 44,888 ETH from Kraken about 10 hours ago. That stash alone was worth around $92.97 million, with an estimated withdrawal price near $2,071 per ETH. After pulling the funds off the exchange, the wallet split the ETH across two other addresses -- a move often seen when whales are reorganizing holdings or preparing for long-term storage.
Another address, 0x861F7492476c7382B63A6a58E5530Ebe9257c431, also joined the party. Roughly 10 hours ago, it withdrew 2,063 ETH from #Binance , worth about $4.27 million, at an average price around $2,069.
And then thereās a third player. Address 0xAD534BC6E6a6e9bC221E5122dc1bf42474d528C3 went straight to the open market and purchased 2,472 ETH through CoW Swap. That buy totaled roughly $5.12 million, with an average cost near $2,080.
SO Put it all together and you get a pretty clear pattern: large-scale accumulation happening almost simultaneously across multiple wallets. Is it coordinated? Maybe. or Maybe not. But we think.........whenever tens of thousands of ETH start leaving exchanges and moving into private wallets, it usually catches the marketās attentionā¦ especially for anyone holding ETH and hoping the next move is up.
