Ethereum Whale Accumulates 7,447 ETH in 17 Hours, Boosting Holdings to $370 Million

WikiBit 2024-11-07 11:27

On November 7th, COINOTAG News highlighted significant activity from a major cryptocurrency whale. An on-chain analysis conducted by @ai_9684xtpa has

On November 7th, COINOTAG News highlighted significant activity from a major cryptocurrency whale.

An on-chain analysis conducted by @ai_9684xtpa has revealed that this wallet, which began accumulating a substantial total of 20,222 ETH since late October, has further increased its holdings by an impressive 7,447 ETH within a mere 17-hour period.

This recent addition is valued at approximately $19.72 million.

Notably, this entity has demonstrated a pattern of withdrawing a total of 11,951 ETH from exchanges throughout November, executing these transactions at an average price of $2,581 per ETH.

Presently, the total value of assets held in this wallet stands at a remarkable $370 million, underscoring the influential role such investors play in the market.

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