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2025-05-28
08:20
Ethereum Whale Accumulates $33 Million in ETH: Trading Impact and On-Chain Analysis

According to @EmberCN on Twitter, a major crypto whale or institution has continued to accumulate Ethereum, purchasing $10 million worth of ETH just four hours ago. Over the past two days, this address has acquired a total of 12,637.8 ETH with $33 million USDT via Binance at an average price of $2,611 per ETH. The whale’s current ETH holdings stand at 137,400 ETH, now valued at $363 million. This aggressive accumulation suggests strong institutional confidence in Ethereum’s mid-term price potential and may provide immediate support levels for ETH traders, as on-chain data indicates sustained buying pressure (Source: @EmberCN, May 28, 2025).

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