The post Mystery Institution Buys Over $1.15 Billion Worth of Ethereum in One Week appeared on BitcoinEthereumNews.com.

An unknown buyer has quietly purchased more than $1.15 billion worth of Ethereum in just seven days, marking one of the largest cryptocurrency accumulation sprees on record. The massive buying helped push Ethereum’s price above $4,000 for the first time since late 2021. The Billion-Dollar Buying Spree Continues The mysterious institution has now accumulated 266,165 ETH tokens worth approximately $1.15 billion over the past seven days, according to the latest update from blockchain analytics platform Lookonchain. In just the past hour, this buyer created two additional wallets and purchased another 44,999 ETH worth $194 million. The entity has been relentlessly buying throughout the week. Just 18 hours earlier, it had accumulated 221,166 ETH worth $946.6 million. The additional 45,000 ETH purchase shows the institution continues its aggressive accumulation strategy even as Ethereum’s price climbs higher. The buyer now spreads its holdings across eight different wallets for security, with holdings ranging from $128 million to $181 million per wallet. What makes this buying unusual is where the Ethereum comes from. Instead of buying from regular exchanges, the institution purchases from major trading desks and custodians including Galaxy Digital, FalconX, and BitGo. This suggests the buyer is likely a large financial institution or corporation rather than an individual investor. Source: @lookonchain Corporate Ethereum Rush Gains Steam This mystery buyer is not alone. Companies around the world are adding Ethereum to their treasuries at record pace. In the past week alone, publicly traded companies bought more than 304,000 ETH worth over $1.3 billion. BitMine Immersion Technologies leads this corporate buying trend. The company now holds 833,137 ETH valued at $2.9 billion, making it the world’s largest corporate Ethereum treasury. BitMine built this massive position from zero in just 35 days after launching its Ethereum strategy on June 30th. SharpLink Gaming follows as another…

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Filed under: News - @ August 12, 2025 4:25 am