According to on-chain data from Onchain Lens, a mysterious whale address associated with ShapeShift recently acquired 2,078 ETH at an average price of approximately $1,943, worth about $4.04 million. The transaction has been recorded on the Ethereum blockchain and can be publicly verified via block explorers. This latest purchase further expands the entity's exposure to Ether.
As of now, the whale holds 144,675 ETH, valued at around $280.83 million based on the recent acquisition average. This sizable position places the address among the top Ethereum holders by balance.
Onchain Lens, a blockchain analytics platform specializing in tracking large transactions and whale movements, has been monitoring this ShapeShift-linked address. ShapeShift is a decentralized exchange known for its privacy features and non-custodial model, and its associated wallets often draw market attention. While the identity of this whale remains undisclosed, the scale of its holdings is noteworthy.