In 10 days, a large organization has accumulated over 379,000 ETH worth about 1.8 billion USD through many newly created wallets.
This activity was detected thanks to monitoring data from Lookonchain on August 14, showing rapid concentrated accumulation with extremely high value, primarily through reputable cryptocurrency service providers.
MAIN CONTENT
The mysterious organization created two new wallets and accumulated 33,402 ETH in 3 hours.
In 10 days, a total of 379,317 ETH worth about 1.8 billion USD has been accumulated.
The accumulated ETH was primarily purchased from major partners such as FalconX, Galaxy Digital, and BitGo.
Which organization has recently conducted large ETH accumulation?
Monitoring data from Lookonchain on August 14 shows that an organization or cryptocurrency whale has consecutively created two new wallets and purchased 33,402 ETH in just 3 hours.
This action indicates a large investment scale and a well-prepared strategy for short-term ETH accumulation by this unit.
Creating new wallets is often aimed at enhancing security and asset allocation, particularly popular with organizations that have deep experience in the market.
How much ETH has this organization accumulated recently?
In the past 10 days, this organization has accumulated a total of 379,317 ETH, estimated to be worth about 1.8 billion USD.
This figure reflects very strong buying power, affirming the organization's significant position in the cryptocurrency market, especially with ETH.
The data is aggregated from many reputable trading sources, ensuring accuracy and transparency in activity analysis.
What sources of ETH were used for the purchases?
Most of the ETH purchased by this organization came from three major providers: FalconX, Galaxy Digital, and BitGo, according to monitoring data.
Trading with reputable partners helps the organization ensure reliability and safety for large-scale investments.
This method of buying and selling also reflects the trend of close collaboration among organizations in the global cryptocurrency financial ecosystem.
The accumulation of ETH in a short period with such a large value shows a high level of trust and expectation for the growth of ETH in the near future.
Cryptocurrency Analyst, 2024
Frequently Asked Questions
What does creating new wallets mean for the organization accumulating ETH?
Creating new wallets helps the organization enhance security and allocate assets more flexibly, often applied to large investments.
Why did the organization choose to buy ETH from FalconX, Galaxy Digital, and BitGo?
These are reputable partners, ensuring transparent, safe, and convenient transactions for large-scale investments.
How can accumulated ETH affect the market?
A large amount of accumulated ETH can increase demand, positively impacting prices and investment dynamics in the short term.
How to track the accumulation activities of cryptocurrency whales?
Top monitoring platforms like Lookonchain provide transparent data to track whale wallets and large transactions.
What future trend could this organization's accumulation of ETH reflect?
This activity indicates expectations for the development of ETH and the potential for price increases in the global cryptocurrency market.
Source: https://tintucbitcoin.com/ethereum-ca-voi-mua-379-000-eth/
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