Odaily reported that, according to monitoring by Onchain Lens, a whale address has continued accumulating ETH. In the latest transaction disclosed, the whale spent $11.816003 million to buy 7,000 ETH, marking a large on-chain purchase at the multi-million-dollar level.
17,800 ETH Purchased Within 10 Days
Onchain Lens data also shows that over the past 10 days, the whale has spent a total of $29.76 million to acquire 17,800 ETH. The average purchase price across that 10-day accumulation period was reported at $1,672 per ETH.
The disclosed information did not identify the address owner, the source of funds, or any subsequent transaction plan. The report only shows that the whale completed ETH purchases of the stated size within the 10-day window. ETH is the native asset of the Ethereum network, and whale activity is generally tracked through on-chain address balance changes and token transfer records.