Whale Buys 5,678 ETH at $2,985 Each, Signals New Accumulation Phase
According to blockchain analyst Ai Yi (@ai_9684xtpa) via ChainCatcher, a whale—likely a single individual or entity controlling two addresses—has just scooped up 5,678 ETH at an average price of $2,985.7 each, spending roughly $16.95 million in the process.
This move appears to kick off a new accumulation phase for the whale. Interestingly, in a previous buying spree from December 3 to December 12, the same whale invested nearly $15 million and ended up with a gain of $137,000.
It’s always fascinating to watch these large players at work—they often give clues about where the market could be heading next.
ETHUSDT
Prep
2,974.18
-0.38%