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Reading: The whale, who bought Ethereum for $0.31, has finished a long-standing wave and started buying it – here’s more details
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© 2025 All Rights reserved | Powered by All News Bitcoin
Ethereum

The whale, who bought Ethereum for $0.31, has finished a long-standing wave and started buying it – here’s more details

August 5, 2025 1 Min Read
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One of many main buyers who participated in Ethereum (ETH)’s preliminary coin providing (ICO) started to build up once more, ending the one-year sale.

Throughout Ethereum’s first coin product, ETH was offered for $0.31 per coin. The truth that a major quantity of ETH had already been mined within the proof of the consensus community of labor previous to the sale sparked controversy.

In line with on-chain information, the whale in query has withdrawn a complete of 13,600 ETH from the trade over the previous three weeks. The whole quantity for these purchases is roughly $47 million.

The latest transaction occurred simply minutes in the past, with 2,000 ETH withdrawn at a mean value of $3,456 per ETH. The transfer marks the primary main accumulation of whales in two years.

The whales, which beforehand had 6,000 ETHs on OKX Alternate, have withdrawn greater than twice that quantity. At present holding 59,718 ETH in his chain pockets, his belongings are price round $210 million. The present value for ETH is $3,548.02.

*This isn’t funding recommendation.

See also  Polygon joins Enterprise Ethereum Alliance to advance institutional payment rails
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Reading: The whale, who bought Ethereum for $0.31, has finished a long-standing wave and started buying it – here’s more details
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