A whale wallet built a new Ether position worth $8.07 million about four hours before the report and later moved the holdings into Aave, according to on-chain analyst Ai Yi (@ai_9684xtpa), cited by BlockBeats on Oct. 2. The monitored address has been accumulating ETH since Sept. 2 and has now amassed 12,134.13 ETH in total.
The position is valued at $32.41 million, with an average entry price of $2,671.25, based on the figures provided in the update. The report did not name the wallet owner, but it identified the activity as a whale accumulation case and noted that the ETH has already been deposited into Aave. The move combines a fresh $8.07 million ETH purchase with a transfer into a lending protocol, while the cumulative holdings and average cost basis were also disclosed in the same on-chain snapshot.
BlockBeats reported on Oct. 2 that a whale wallet built a new ETH position worth $8.07 million about four hours earlier, according to monitoring by on-chain analyst Ai Yi (@ai_9684xtpa). The ETH has already been deposited into Aave.
Data shared in the update shows that the address has accumulated 12,134.13 ETH since Sept. 2, with a total value of $32.41 million and an average price of $2,671.25.
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