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Ethereum Whale Buys 10,000 ETH on Bitget for $23.14 Million

Ethereum Whale Buys 10,000 ETH on Bitget for $23.14 Million

According to on-chain analyst Ai Yi, another Ethereum whale accumulated 10,811 ETH at an average cost of $2,088 after resuming activity on March 19 following five months of dormancy.

ETH

Fact Check
Both transactions mentioned in the statement are corroborated by multiple independent crypto news sources (PANews, BlockBeats) citing on-chain monitoring data from Onchain Lens. The 10,000 ETH purchase from Bitget occurred on March 17, and the 3,156 ETH purchase from Binance occurred on March 18, matching the details provided.
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Summary

A newly tracked Ethereum whale accumulated 10,811 ETH over two weeks at an average cost of $2,088, according to on-chain analyst Ai Yi. The wallet reportedly resumed activity on March 19 after five months of dormancy. This adds to earlier whale accumulation covered in the topic, including a separate address that bought 10,811.34 ETH worth about $22.58 million via CowSwap since March 6 and another wallet tracked by Onchain Lens that purchased 3,156 ETH worth $7.34 million from Binance on March 18. The new report highlights continued large-wallet ETH buying activity, though the source text does not confirm whether this address is the same as previously identified wallets.

Terms & Concepts
  • Ethereum whale: A wallet or investor holding a large amount of ETH, often large enough to draw attention because its transactions can influence market activity.
  • ETH: The native cryptocurrency of the Ethereum blockchain, used for payments, transaction fees, and smart contract execution.