A certain whale bought 2318 ETH from Wintermute and Kraken after half a year, worth 9.94 million, and now holds 5191 ETH, with an unrealized profit of 4.45 million.

This guy is back to accumulate again after half a year, a typical long-term player. After ETH broke 4300, he continued to increase his holdings, showing immense confidence.

In conjunction with another whale accumulating 277 WBTC and 2493 ETH in the past day, with a total value of 180 million, institutional-level funds are accumulating at low levels.

However, the market is polarized, as BlackRock sold 548 million BTC, creating significant short-term pressure.

In the future, if ETH can hold the support at 4180, Matrixport says it depends on treasury demand.