According to Lookonchain, a whale has purchased 3,195 ETH worth $5.97 million at a price of $1,868 each. Since March 26, this entity has accumulated a total of 29,341 ETH, valuing $58.18 million, at an average cost of $1,983 per ETH. Such substantial acquisitions by a single entity could indicate bullish sentiment or strategic accumulation in the market, potentially influencing future price movements.