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Your email address will not be published.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
CryptocurrencyNewsStock research & analytics

Polymarket Controversy: “Wins” Without Real Bets

A controversy has erupted around the prediction platform Polymarket following the mass publication…
Read more
NewsStock brokersStock research & analytics

Warning About the Largest Market Bubble in 100 Years

  Is the Market Really on the Verge of a New Crash? Warnings are increasingly being voiced across…
Read more
Disruptive technologyNewsStock brokersStock research & analytics

Just 12 Days: Elon Musk Is No Longer a Trillionaire

  The record lasted less than two weeks. Just 12 days after Elon Musk became the first person in…
Read more
Telegram
Subscribe to our Telegram channel

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

Subscribe now!