Whales/institutional address groups have accumulated over 1.035 million ETH within a month.

robot
Abstract generation in progress

On August 9th, according to on-chain data analyst Yu Jin's monitoring, over 1.035 million ETH (worth approximately 4.167 billion USD) has been accumulated by multiple unknown whales or institutions through exchanges and institutional platforms since July 10th. During the same period, the price of ETH rose from 2,600 USD to 4,000 USD, an increase of 45%. Most of the ETH accumulated in these addresses should belong to institutions or companies in the US stock market doing ETH reserves ( excluding SB, the SB address is known ), and the average price of these accumulated ETH is about 3,546 USD.

ETH6.72%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)