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Over 1,035,000 ETH Accumulated by Multiple Unknown Whales via Exchanges or Institutional Platforms in the Past Month

Over 1,035,000 ETH Accumulated by Multiple Unknown Whales via Exchanges or Institutional Platforms in the Past Month

金色财经金色财经2025/08/09 02:03
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According to a report by Jinse Finance, on-chain analyst Yujin has observed that over the past month since July 10, more than 1.035 million ETH (worth $4.167 billion) have been accumulated by several unknown whales or institutions through exchanges or institutional business platforms. During this period, the price of ETH has risen from $2,600 to $4,000, an increase of 45%. Most of the ETH accumulated at these addresses is likely held by institutions or US-listed companies using ETH as reserves (excluding SBET, as the SBET address is already known). The average price of the ETH accumulated is approximately $3,546.

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