Mysterious Whale Unleashes Bull Mode on Ethereum: Entering a Buying Frenzy – Here Are the Details

The cryptocurrency market is experiencing some notable activity. An anonymous whale or institutional investor recently purchased 35,237 units of Ethereum (ETH).

This purchase, valued at approximately $155.06 million, brings the investor’s total ETH holdings to 328,421. The assets, totaling $1.445 billion, are held across 10 different wallets acquired through FalconX, GalaxyDigital, and BitGo.

This whale had previously added 59,998 ETH ($253.62 million), bringing its total holdings to 293,184 ETH ($1.24 billion).

Meanwhile, a total of 14,942 ETH ($64.17 million) was unstaking from three wallets belonging to another asset owner and deposited on the Binance exchange.

On the other side of the market, another mysterious crypto whale, AguilaTrades, lost $683,000 by closing a 15x leveraged ETH short position. AguilaTrades’ total losses from ETH short positions to date have reached $2.81 million.

The ETH price made a new attack today, reaching the $4,500 mark.

*This is not investment advice.