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Ethereum whale activity tracked by Onchain Lens shows major buy and sell moves

Ethereum whale activity tracked by Onchain Lens shows major buy and sell moves

Onchain Lens reported a ShapeShift-linked wallet bought 2,078 ETH worth $4.04 million, while whale wallet 0x7378 sold 7,901 ETH for about $14.65 million but still holds 6,502 ETH.

ETH

Fact Check
Primary Onchain Lens X posts (2061823562898694165 and 2062094837445443971) directly confirm both transactions with the exact figures cited: ShapeShift-linked wallet bought 2,078 ETH ($4.04M); whale 0x737 sold 7,901 ETH for $14.65M while retaining 6,502 ETH. Chinese aggregators odaily and PANews independently mirror the same numbers.
Summary

Onchain Lens reported two notable Ethereum whale transactions involving different wallets. A ShapeShift-linked wallet bought 2,078 ETH worth $4.04 million, bringing its holdings to 144,675 ETH valued at $280.83 million. Separately, whale wallet 0x7378, also referred to in the older report as 0x737, sold 7,901 ETH at about $1,854 per token for roughly $14.65 million and still holds 6,502 ETH worth about $12.18 million. Traders monitor whale activity and on-chain data because large transactions can signal accumulation, profit-taking, or repositioning and may affect near-term market sentiment.

Terms & Concepts
  • ETH: The native cryptocurrency of the Ethereum blockchain, used for transactions, fees, and network activity.
  • Whale: A market participant or wallet holding a very large amount of cryptocurrency, often closely watched for potential market impact.
  • On-chain data: Public blockchain transaction and wallet information that can be analyzed to track movements of digital assets.