- The Ethereum whale accumulated 13,526 ETH below $3,000 apiece.
- The whale withdrew an additional 40 million USDT from Binance.
- According to data, the Ethereum whale has been accumulating ETH since Feb 19.
Ethereum price has surged by over 30% since the beginning of 2024, reaching the $3,000 level. The highest level recorded in 2024 was $3,033. Following these developments, observed movements in on-chain data indicate that whales are accumulating more ETH.
Spot On Chain, a platform that shares on-chain data, posted information today suggesting that a whale address may have acquired approximately 13,526 ETH at around $2,947 apiece. The current value of these ETH holdings exceeds $39 million.
Giant whale 0x7a9 allegedly bought 13,526 $ETH ($39.85M) at ~$2,947 again!• withdrew 10,136 $ETH ($29.85M) from #Binance
• bought 3,390 $ETH with 10M $USDT #1inch
Overall, the whale has bought 64,501 $ETH ($185.5M) in the past 3 days!
It also withdrew another 40M $USDT from… https://t.co/UHIVXfx6Wq pic.twitter.com/ySbvIv2mux
— Spot On Chain (@spotonchain) February 21, 2024
According to the data shared by the platform, the whale withdrew 10,136 ETH from Binance and …
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