Summary
- Numerous anonymous whales and institutions have reportedly accumulated 1,035,000 ETH over the past month.
- During this period, the price of Ethereum rose from $2,600 to $4,000, an increase of 45%.
- AmberCN stated that most of the accumulated ETH is held by institutional investors, including listed U.S. companies, with an estimated average purchase price of $3,546.
During the past month, numerous unidentified whales and institutions have accumulated over 1,000,000 Ethereum (ETH).
According to AmberCN on the 9th (local time), from July 10th to August 9th, numerous anonymous whales and institutions accumulated a total of 1,035,000 ETH (approximately $4,167,000,000).
During this period, the price of Ethereum rose by 45%, from $2,600 to $4,000. The average purchase price of the accumulated ETH was estimated to be about $3,546.
AmberCN explained, "Most of this amount is believed to be held by institutional investors, including listed U.S. companies, with an estimated average purchase price of approximately $3,546."
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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