Onchain Lens reports a newly created wallet has significantly increased its Ethereum holdings through large transfers from major exchanges, underscoring continued whale activity in the crypto market.
Onchain Lens disclosed that a newly created wallet purchased 11,000 ETH worth $31.78 million from Binance, bringing its total holdings to 72,000 ETH valued at $208.5 million. This follows a January 25, 2026 transfer in which the wallet received 25,001 ETH worth $73.17 million from Bitfinex. The wallet’s rapid accumulation highlights active large-scale Ethereum acquisition by a single entity within weeks.