Address Suspected to Belong to ConsenSys Purchases Approximately $400 Million Worth of Ethereum Over the Past 2 Weeks

Source
Heecheol Yang

Summary

  • It was revealed that an address suspected to be linked to ConsenSys has accumulated a total of 160,736 Ethereum (approximately $421 million) over the past two weeks.
  • The address mainly purchased Ethereum through OTC trades, with an average purchase price of about $2,620.
  • As of the 13th, the price of Ethereum was reported to be $2,500, down 9.14% from the previous day.

An address suspected to be associated with ConsenSys has been detected accumulating a large amount of Ethereum (ETH).

According to on-chain data analyst 'OnchainDataNerd' on the 13th (local time), an address believed to be linked to ConsenSys purchased 2,825 ETH (about $7.48 million) through an over-the-counter (OTC) transaction.

Over the past two weeks, this address has accumulated a total of 160,736 ETH (about $421 million), with the average purchase price being around $2,620 per ETH.

As of 12:30 on the 13th, ETH is trading at $2,500 on the Binance Tether (USDT) market, down 9.14% from the previous day.

Heecheol Yang

Heecheol Yang

heecheol@bloomingbit.ioHello, I'm a reporter at bloomingbit
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