The post Ethereum Whales Buy 11,000+ ETH as Crypto Market Rebounds appeared on BitcoinEthereumNews.com.

Ethereum whales buy 11,000+ ETH amid market rebound as ETF inflows and technical signals hint at renewed bullish activity. The crypto market is showing signs of life again. Ethereum is leading recovery after a brutal few weeks, fueled partly by geopolitical tensions tied to escalating US-Israel-Iran conflicts.  ETH price hovers just below the $2,000 mark as of this publication. On-chain data tells an even bigger story. Ethereum whales are back, and they are moving serious money. Ethereum Whale Wallets Wake Up After Months of Silence Lookonchain flagged two major wallet addresses piquing interest this week.  Addresses 0x7673 and 0xBA9A, which crypto analysts believe belong to the same whale, had been completely dormant for three months. Then, out of nowhere, they came back with force.  As the market rebounds, whales are buying $ETH again. 3 hours ago, whale 0xE1Ad withdrew 6,114 $ETH($12.52M) from #OKX and deposited it into #Aave. 0x7673 and 0xBA9A (likely belonging to the same whale) came back after 3 months of inactivity and spent $10.93M to buy 5,350 $ETH… pic.twitter.com/Zb8GDfIkRZ — Lookonchain (@lookonchain) March 3, 2026 The two wallets spent $10.93 million to purchase 5,350 ETH at an average price of $2,043, routing the buy through Cow Protocol. That kind of move after months of inactivity turns heads in the crypto space. It signals that a large holder sat out the worst of the downturn and is now stepping back in.  The timing lines up with broader market recovery sentiment, which has seen the total crypto market cap rise by 1.5%. Meanwhile, a separate whale, identified as wallet 0xE1Ad, pulled 6,114 ETH worth $12.52 million off the OKX exchange. The funds did not sit idle. The whale deposited the entire amount into Aave, the decentralized lending protocol, likely to generate yield.  Combined, these two moves account for more…

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Filed under: News - @ March 3, 2026 2:31 pm