Summary
- It has been reported that a total of 19,332 Ethereum (ETH) were accumulated in five newly created wallets over the past two days.
- Lookonchain stated that the large-scale fund movement suggests the possibility of institutional or whale investors building new positions.
- Currently, Ethereum is trading at $4,780.31, down 0.53%.
According to on-chain data, over 19,000 Ethereum (ETH) have been accumulated in five newly created wallets over the past two days.
On the 24th (local time), Lookonchain reported that in the past two days, five newly created wallets accumulated a total of 19,332 ETH (worth about $92 million).
Such a large amount of funds moving into new wallets in a short period is drawing attention, as it may suggest institutional or whale investors are building new positions.
Meanwhile, Ethereum is currently trading at $4,780.31 on CoinMarketCap, down 0.53% from the previous day.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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