According to @ai_9684xtpa, ETH swing address 0x54d250405d22e858D125Ce2c1aFFC7D73AFe6029 purchased 2,511.3 ETH in the past 3 hours using 10 million USDT at an average price of $3,982; source: https://x.com/ai_9684xtpa/status/1980063081574347238 and on-chain: https://explorer.cow.fi/address/0x54d250405d22e858D125Ce2c1aFFC7D73AFe6029. The same source reports the wallet still holds 4,085 ETH bought on Sep 26 at $3,928.66, now roughly back to break-even; source: https://x.com/ai_9684xtpa/status/1980063081574347238 and on-chain: https://explorer.cow.fi/address/0x54d250405d22e858D125Ce2c1aFFC7D73AFe6029. This concentrated buy adds $10 million of buy-side flow near $3,982 for ETH, a level traders can watch alongside the wallet activity; source: https://x.com/ai_9684xtpa/status/1980063081574347238 and on-chain: https://explorer.cow.fi/address/0x54d250405d22e858D125Ce2c1aFFC7D73AFe6029. Traders can monitor future inflows and outflows at the wallet address to gauge near-term order flow; source: https://explorer.cow.fi/address/0x54d250405d22e858D125Ce2c1aFFC7D73AFe6029.

According to @EmberCN, a whale/organization bought 18,000 ETH at $4,487, sold 10,000 ETH at $4,600, and then bought 16,569 ETH at $4,484 for $74.29M, with transactions tied to address 0x2aaf355c820676c104bd00ee6c506fa05998dda2 (source: @EmberCN on X, Sep 20, 2025; source: DeBank profile https://debank.com/profile/0x2aaf355c820676c104bd00ee6c506fa05998dda2). The latest leg realized $1.13M profit and the cumulative profit reported is $76.05M (source: @EmberCN on X, Sep 20, 2025). Based on the reported fills, the current net position is 24,569 ETH with an estimated VWAP cost near $4,485 and notional exposure around $110.19M, calculated from the quantities and prices provided (source: calculations from @EmberCN figures; source: DeBank profile https://debank.com/profile/0x2aaf355c820676c104bd00ee6c506fa05998dda2). Executed price levels cluster at $4,484–$4,600, giving traders concrete reference points for recent large on-chain ETH spot flow (source: @EmberCN on X; source: DeBank profile https://debank.com/profile/0x2aaf355c820676c104bd00ee6c506fa05998dda2). The original post notes sponsorship by Bitget_zh, while the execution data is attributed to the above address (source: @EmberCN on X, Sep 20, 2025).

According to @MI_Algos, Purple Whales have historically had the most influence over BTC price action, but over the past year Brown MegaWhales have increased their volume and influence by placing USD 1M-10M market orders more frequently, driven by institutional adoption, ETFs, and corporate treasuries, Source: @MI_Algos. According to @MI_Algos, the ETH cohorts to watch are the Green cohort with USD 1,000-10,000 order sizes, Source: @MI_Algos. According to @MI_Algos, since July, Brown MegaWhales are increasing their influence on ETH, while Purple Whales are counter trading the trend and distributing into buy volume, Source: @MI_Algos.

According to @ai_9684xtpa, an Ethereum Foundation–linked address sold 1,100 ETH in the last 5 minutes at an average price of $4,602.1, totaling roughly $5.06 million, source: @ai_9684xtpa. According to @ai_9684xtpa, cumulative sales over the past two hours reached 2,794.87 ETH (about $12.78 million) at an average price of $4,574.4, source: @ai_9684xtpa. According to @ai_9684xtpa, traders can monitor the $4,574–$4,602 range as a recent spot distribution area based on these reported fill averages for ETH, source: @ai_9684xtpa.