ETH Is Getting Hammered, But Whales Aren't Backing Away.
The market is taking a serious beating, yet some big players seem to see this sell-off as an opportunity rather than a reason to panic.
And the buying activity is getting pretty interesting.
Erik Voorhees-linked wallets have reportedly accumulated 63,540 $ETH , spending around $125.27M at an average price of $1,972.
Wallet tracker: https://arkm.com/explorer/entity/45a48cc7-3301-4842-b57f-b4d32fb6370a
Meanwhile, 7 Siblings also stepped in aggressively, picking up 31,484 ETH worth $60.88M at an average of $1,933.
Address: 0x5fFcDB28B8cC958aFe052947D43CB6aF04833c37
But that's not all...
Chun (@satofishi) withdrew 10,997 ETH worth $21.88M from Binance at an average price of $1,990.
Address: 0xF42BcFD3dd5fcdd984d24FD2787383195C7f2b51
And 58bro.eth (@0x58bro), the trader known for making over $40M on Hyperliquid, pulled another 10,501 #ETH worth $20.77M from OKX at an average price of $1,978.
Wallet tracker: https://arkm.com/explorer/entity/0x58bro
Four major whale moves, millions of dollars flowing into #eth , and all this while the market is struggling. Seems like the dip isn't scaring everyone away. Some big wallets are clearly positioning themselves for what comes next.
The market is taking a serious beating, yet some big players seem to see this sell-off as an opportunity rather than a reason to panic.
And the buying activity is getting pretty interesting.
Erik Voorhees-linked wallets have reportedly accumulated 63,540 $ETH , spending around $125.27M at an average price of $1,972.
Wallet tracker: https://arkm.com/explorer/entity/45a48cc7-3301-4842-b57f-b4d32fb6370a
Meanwhile, 7 Siblings also stepped in aggressively, picking up 31,484 ETH worth $60.88M at an average of $1,933.
Address: 0x5fFcDB28B8cC958aFe052947D43CB6aF04833c37
But that's not all...
Chun (@satofishi) withdrew 10,997 ETH worth $21.88M from Binance at an average price of $1,990.
Address: 0xF42BcFD3dd5fcdd984d24FD2787383195C7f2b51
And 58bro.eth (@0x58bro), the trader known for making over $40M on Hyperliquid, pulled another 10,501 #ETH worth $20.77M from OKX at an average price of $1,978.
Wallet tracker: https://arkm.com/explorer/entity/0x58bro
Four major whale moves, millions of dollars flowing into #eth , and all this while the market is struggling. Seems like the dip isn't scaring everyone away. Some big wallets are clearly positioning themselves for what comes next.
