š New Crypto Whale Scoops Up $1.3B in Ether Ahead of U.S. Inflation Data
š° Massive ETH Accumulation
A newly emerged crypto whale bought 312,052 ETH (~$1.34 B) over just eight days, using 10 fresh wallets to strategically accumulate.
š Bigger Than ETF Inflows
This buying spree outpaced the record $1 B daily inflow into U.S. spot Ether ETFs. Analysts suggest it could push ETH toward its previous ATH of $4,890 (still ~12% away).
š Macro Timing: Inflation & Fed Decision
The whaleās move comes right before key CPI and PPI reports, which will likely shape the Fedās interest rate call on Sept. 17. Markets currently see an 82% chance the Fed holds rates steady.
š§® Analyst Perspective
Despite its size, the buy is within ETHās normal volatility range (near-neutral Z-score). Ongoing corporate treasury ETH purchases could help challenge all-time highs.
ā ļø Possible Pullback Risks
Short-term holders are taking profits aggressively, which could cause near-term price dips before a sustained rally.
š Conclusion
A stealthy whale is betting big on Ether right before critical U.S. economic data, suggesting confidence in ETHās upside despite short-term volatility risks. If inflation data or Fed policy leans bullish for risk assets, this could be the spark that sends ETH back toward ā or beyond ā its all-time highs.