A massive crypto whale just made waves in the Ethereum market — scooping up 312,052 $ETH worth a jaw-dropping $1.34 billion over the past eight days. This buying spree actually outpaced record inflows into U.S. spot Ether ETFs, which saw $1 billion flow in on Monday — their biggest single-day inflow ever.
📈 Why It Matters
Traders are buzzing that this billion-dollar move could push #ETH closer to its $4,890 all-time high — still about 12% above current prices. But the timing is interesting: it comes right before the release of key U.S. inflation numbers (CPI & PPI) that could sway the Fed’s next interest rate decision on September 17.
💬 Expert Take
Javier Rodriguez-Alarcón, CIO at XBTO, says CPI and PPI could be make-or-break. If inflation runs hotter than expected, it could cool market enthusiasm. He also pointed out ETH’s Z-score is sitting at –0.06, meaning the price move — while big — isn’t outside Ethereum’s normal volatility range.
🔍 Market Signals
FedWatch Tool: 82% chance the Fed keeps rates unchanged.
Short-Term Holders: Taking profits aggressively, which could hint at a short-term pullback.
Long-Term Outlook: Corporate treasury buying could fuel another run at ATH.
💡 Some analysts are even speculating about a possible "DeFi Summer 2.0" if $ETH
treasuries keep stacking.
#Cryptonews #BinanceFeed #DeFiGetsGraded #ethwhale
