The post Ethereum Whale Accumulates 7,447 ETH in 17 Hours, Boosting Holdings to $370 Million appeared on BitcoinEthereumNews.com.

On November 7th, COINOTAG News highlighted significant activity from a major cryptocurrency whale. An on-chain analysis conducted by @ai_9684xtpa has revealed that this wallet, which began accumulating a substantial total of 20,222 ETH since late October, has further increased its holdings by an impressive 7,447 ETH within a mere 17-hour period. This recent addition is valued at approximately $19.72 million. Notably, this entity has demonstrated a pattern of withdrawing a total of 11,951 ETH from exchanges throughout November, executing these transactions at an average price of $2,581 per ETH. Presently, the total value of assets held in this wallet stands at a remarkable $370 million, underscoring the influential role such investors play in the market. Don’t forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news. Source: https://en.coinotag.com/ethereum-whale-accumulates-7447-eth-in-17-hours-boosting-holdings-to-370-million/

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Filed under: News - @ November 7, 2024 3:17 am