A crypto whale has accumulated 9,375.6 ETH worth about $21.23 million, according to on-chain analyst Ember. The latest purchase took place 9 hours ago, when the whale spent 17.24 million USDC to buy 7,703.2 ETH at an average price of $2,237.6.
That position adds to an earlier purchase made about half a month ago through a centralized exchange, where the same whale bought 1,671 ETH. Combined, the two purchases bring the whale’s total ETH accumulation to 9,375.6 ETH. Ember said the average entry price across the full position stands at $2,264.
The update points to continued large-scale accumulation in ETH by a single market participant, based on the transactions tracked on-chain and the earlier exchange purchase cited by the analyst.
Odaily reported that, according to on-chain analyst Ember, a whale spent 17.24 million USDC 9 hours ago to buy 7,703.2 ETH at $2,237.6 per coin.
Including 1,671 ETH purchased from a centralized exchange about half a month ago, the whale has bought a total of 9,375.6 ETH worth $21.23 million, with an average price of $2,264.
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