Ethereum Whales Scoop Up $230M Worth of $ETH
On-chain data reveals fresh whale accumulation in Ethereum. Three new wallets collectively purchased $229.91 million worth of $ETH from FalconX and BitGo. That was a few hours ago.
One address now holds 53,021 $ETH valued at $229.48M, while two other wallets each secured around 18,400 ETH worth roughly $79.6M apiece. The synchronized inflows highlight renewed confidence among large investors.
With $ETH trading near $4,328, the whale activity suggests growing demand at current levels and reinforces Ethereum’s position as a top institutional target.
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