Golden Finance recently reported that according to Lookonchain monitoring data, giant whales are accelerating their accumulation of Ethereum. Justin Sun's address withdrew 11,267 ETH (approximately US$25.3 million) from Binance 5 hours ago. Since December 26, this address has withdrawn a total of 17,433 ETH (approximately US$39.2 million) from Binance.

Another giant whale "0x9314" spent US$48 million 10 hours ago to purchase 21,192 ETH from DEX at a price of US$2,265 per coin. Since January 1, 2022, this address has purchased a total of 79,980 ETH, worth US$143 million.

The market’s demand for Ethereum continues to rise, and the massive hoarding behavior of giant whales indicates the market’s confidence in Ethereum.