Chain analyst Yu Jin reveals that unknown whales and institutions have accumulated over 1,035,000 ETH valued at $4.167 billion over a one-month period amid rising prices.
According to PANews, chain analyst Yu Jin observed that unknown whales and institutions have accumulated over 1,035,000 ETH, valued at around $4.167 billion, via exchanges and institutional platforms since July 10. During this period, ETH's price increased from $2,600 to $4,000, with tokens acquired at an average price of approximately $3,546, suggesting these reserves may belong to institutional or US public companies, excluding known SBET addresses.