This wallet has been buying Ethereum in massive lumps over past two days, community wonders if this whale expects ETH to pump soon
However, this is not the first transfer of this size and value that has been spotted this week.The above-mentioned source of on-chain data shared that, a short while ago, a smart whale purchased 9,689 ETH on Binance and withdrew it; this is the equivalent of roughly $15.8 million.
That's not it, however. On Tuesday, the same X app account reported that this whale bought 9,819 ETH worth $15.9 million at the time of the purchase.has purchased approximately 19,508 Ethereum in total. This amount of ETH is evaluated at $32 million. What's more, he seems to have bought all this ETH on Tuesday but only withdrew it in parts.
As reported by the same source, on July 1, the same whale made an acquisition of 8,188 ETH during the interval when Ethereum plunged on the SEC's statement that BlackRock's Bitcoin ETF filing was"inadequate." ETH quickly rose back after that, but the whale managed to grab the ETH on the dip.
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