New Whales Make Massive Ethereum Purchases in Past Week… Totaling $1.34 Billion

JOON HYOUNG LEE

Summary

It was reported that new whales bought a total of $1.34 billion worth of Ethereum (ETH) over the past week.
It was confirmed that 312,052 Ethereum were intensively purchased through 10 cryptocurrency wallets.
The scale of new whale purchases this time exceeded the Ethereum spot ETF inflow recorded the previous day by more than $300 million.

It has been found that new whales (large investors) purchased Ethereum (ETH) worth $1.34 billion (approximately ₩1.9 trillion) over the past week.

Cointelegraph, citing on-chain analytics firm Lookonchain on the 12th (local time), reported, "New whales bought 312,052 Ethereum through 10 newly-created cryptocurrency wallets over the past 8 days."

Cointelegraph stated, "This Ethereum purchase is valued at $1.34 billion," and added, "It surpasses the inflow to the Ethereum spot ETF recorded on the previous day (the 11th) by over $300 million." Previously, the U.S. Ethereum Spot ETF reached an all-time daily net inflow of $1.01962 billion the day before.

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