Ethereum whales accumulate an additional 73,821 ETH... 720,000 ETH absorbed since July
Suehyeon Lee
Summary
- It was reported that whale accumulation for Ethereum (ETH) continues.
- It was announced that three newly created wallets have purchased an additional 73,821 ETH (about $283 million) over the past 8 hours.
- It was reported that since July 9, 11 new wallets have cumulatively absorbed 722,152 ETH (about $2.77 billion).

The accumulation trend of whales for Ethereum (ETH) continues.
On the 31st (local time), Lookonchain reported via X that "over the past 8 hours, three newly created wallets have additionally purchased a total of 73,821 ETH (approximately $283 million)."
According to Lookonchain, since July 9, a total of 11 new wallets have absorbed a cumulative 722,152 ETH (about $2.77 billion) so far. Large-scale buyers are consistently purchasing Ethereum.

Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.![Dow Tops 50,000 for First Time Ever as “Oversold” Narrative Spreads [New York Stock Market Briefing]](https://media.bloomingbit.io/PROD/news/1c6508fc-9e08-43e2-81be-ca81048b8d11.webp?w=250)



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