CryptocurrencyNews

Whale Is Buying Ethereum Worth Hundreds of Millions. Who’s Behind It?

Join our Trading Community on Telegram

? A whale is buying Ethereum worth hundreds of millions – possibly linked to ConsenSys.

Experts at Lookonchain have spotted the activity of a major player – a so-called whale. In the crypto world, whales are investors who hold large amounts of cryptocurrency and can influence the market with their moves.

This particular whale – allegedly associated with ConsenSys – continues to accumulate Ethereum through the Galaxy Digital OTC desk.

Just in the past 24 hours, the address purchased 3,704 ETH worth $8.9 million.
Over the last three weeks, the position has grown to 161,112 ETH – worth approximately $422 million.

If ConsenSys is indeed behind these purchases – it could signal a long-term strategic bet on Ethereum and potential preparation for upcoming projects or infrastructure developments.

0
0
Disclaimer

All content provided on this website (https://wildinwest.com/) -including attachments, links, or referenced materials — is for informative and entertainment purposes only and should not be considered as financial advice. Third-party materials remain the property of their respective owners.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related posts
Disruptive technologyNewsStock research & analytics

“Peaceful atom”: to be or not to be?

Talk of an “nuclear renaissance” a few years ago sounded like an attempt to bring back a trend…
Read more
CryptocurrencyNews

Tom Lee’s Ethereum forecast

Over the next few years, Ethereum could surpass $62,000, said Fundstrat Global Advisors co-founder…
Read more
Forex brokersNewsStock brokersStock research & analytics

Was oil aware of the news in advance? The US is reviewing trades

The American regulator once again finds itself in a situation where the market is moving ahead not…
Read more
Telegram
Subscribe to our Telegram channel

To stay up-to-date with the latest news from the financial world

Subscribe now!