Ethereum

2024

Giant

Spot

<ul class="news-points"> 
 <li>The Ethereum whale accumulated 13,526 ETH below $3,000 apiece.</li> 
 <li>The whale withdrew an additional 40 million USDT from Binance.</li> 
 <li>According to data, the Ethereum whale has been accumulating ETH since Feb 19.</li> 
</ul> 
<a href="https://coinedition.com/ethereum-eth-price-prediction/" target="_blank" rel="noreferrer noopener">Ethereum price</a> has surged by over 30% since the beginning of 2024, reaching the $3,000 level. The highest level recorded in 2024 was $3,033. Following these developments, observed movements in on-chain data indicate that whales are accumulating more ETH. 
Spot On Chain, a platform that shares on-chain data, posted information today suggesting that a whale address may have acquired approximately 13,526 ETH at around $2,947 apiece. The current value of these ETH holdings exceeds $39 million. 
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Giant whale 0x7a9 allegedly bought 13,526 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a> ($39.85M) at ~$2,947 again! • withdrew 10,136 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a> ($29.85M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Binance</a> • bought 3,390 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a> with 10M <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$USDT</a> <a href="https://twitter.com/hashtag/1inch?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#1inch</a> Overall, the whale has bought 64,501 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a> ($185.5M) in the past 3 days! It also withdrew another 40M <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$USDT</a> from… <a href="https://t.co/UHIVXfx6Wq" target="_blank" rel="nofollow">https://t.co/UHIVXfx6Wq</a> <a href="https://t.co/ySbvIv2mux" target="_blank" rel="nofollow">pic.twitter.com/ySbvIv2mux</a>— Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1760231029741330928?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">February 21, 2024</a>
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</figure> 
According to the data shared by the platform, the whale withdrew 10,136 ETH from Binance and …
The post <a href="https://coinedition.com/are-whales-accumulating-ethereum-on-chain-platform-shares-data/">Are Whales Accumulating Ethereum? On-Chain Platform Shares Data</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Are Whales Accumulating Ethereum? On-Chain Platform Shares Data

Coin Edition

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