Whale buying in Ethereum continued, according to on-chain analytics platform Lookonchain. A newly created wallet, 0xf31d, withdrew 8,239 ETH from multiple exchanges over the past 12 hours, with the holdings valued at about $14.5 million. In a separate move, whale address 0x363A bought 11,843 ETH in the past three hours, worth roughly $20.8 million. Combined, the two transactions added up to more than 20,000 ETH, with a total value of around $35.3 million. The activity points to continued large-scale accumulation by major holders, based on the on-chain figures cited in the report.
ChainCatcher reported, citing on-chain analytics platform Lookonchain, that whales are still accumulating ETH.
A newly created wallet, 0xf31d, withdrew 8,239 ETH from multiple exchanges over the past 12 hours, valued at about $14.5 million.
Another whale address, 0x363A, bought a total of 11,843 ETH over the past three hours, worth about $20.8 million. Together, the two moves amount to more than 20,000 ETH, with a combined value of roughly $35.3 million.
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