Anonymous Whale Accumulates 16,699 ETH After Selling Near $4,400 Peak

An anonymous wallet that previously sold Ethereum near the $4,400 peak has kept buying ETH, with on-chain analysts giving different tallies on the same accumulation. Analyst ai_9684xtpa said the wallet bought 16,699.32 ETH worth about $35.84 million through the COW decentralized exchange at an average of $2,146.42, for roughly $3.335 million in unrealized profit, after funds passed through a mixer. EmberCN separately reported another purchase of 3,386 ETH worth about $7.95 million, lifting the prior 24-hour total to 21,659 ETH valued at $46.49 million at an average of $2,146, with about $4.14 million in unrealized gains, and linked the wallets to a recent theft though the breach has not been officially confirmed.

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