Whale Boosts Ethereum Holdings to Over 120,000 ETH Worth $392M
On-chain data shows the large investor purchased 19,109 ETH, increasing total holdings to over 120,000 ETH and securing an unrealized profit exceeding $10 million.
ETH
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Terms & Concepts
On-chain analysis: The study of blockchain data to track transactions and wallet activity for insights into market behavior.
ETH: The native cryptocurrency of the Ethereum network, used for transactions and smart contract execution.
Whale: A term for an investor holding large amounts of cryptocurrency, whose trades can influence market prices.