ETH Whale Acquires $82.6M in Ethereum Over Two Days
A major whale expanded holdings with significant Bitcoin purchases, while also moving assets to Binance, signaling active high-value trading strategies.
BTC
ETH
Fact Check
The statement is highly likely to be true. One source directly confirms the exact claim, reporting that a single whale accumulated 25,004 ETH at an average price of $3,304, totaling approximately $82.6 million, over a two-day period. This transaction detail is corroborated by another source, which mentions the accumulation of 25,004 ETH by a whale over two days and identifies the on-chain data firm '@EmberCN' as the primary source of the data. The authority of on-chain data firms for transaction reporting is high, and the consistency between the two most relevant sources provides strong evidence. Other sources discuss broader whale accumulation trends or different, smaller whale purchases, which do not contradict the specific $82.6 million claim.
Summary
A whale address that recently sold 31,005 ETH for $92.19 million also acquired 2,189.23 BTC between February 2024 and February 2025 at an average price of $66,169.48, spending $144 million. One linked address deposited 250 BTC to Binance, potentially gaining $6.28 million from that transfer. The whale still holds 30,578 ETH and 500 BTC worth around $139 million, underscoring continued substantial involvement in both Bitcoin and Ethereum markets.
Terms & Concepts
- Ethereum (ETH): A blockchain platform supporting smart contracts, used for decentralized applications and digital assets.
- Whale: An individual or entity holding large amounts of cryptocurrency, capable of influencing market prices.
- Binance: A global cryptocurrency exchange platform that facilitates the trading of various digital assets.