Latest Update
2026-11-01 23:56 UTC

Whale Wallet: Buys 28,604 ETH for $65.6M

Whale Wallet: Buys 28,604 ETH for $65.6M

A single address spent 65.616 million USDC to acquire 28,603.8 ETH at an average price of $2,294, with part of the funds withdrawn from Kraken earlier in the session, per on-chain tracker @EmberCN.

Source

Analysis

0x9EcA05D78f6751C91Ab048858b7d21a67C015547 accumulated 28,603.8 ETH today at a blended price of $2,294, deploying 65.616 million USDC in total. The address first pulled 34.69 million USDC from Kraken and used it to buy 15,216 ETH near $2,279 before adding to the position.

Price action on the 4h chart shows ETH trading at $2,289.05 inside the Bollinger Bands, with the upper band at $2,300.52 acting as immediate resistance and the lower band at $2,217.18 marking short-term support. The structure remains bearish as price sits below the EMA50 at $2,303.98 and well under the EMA200 at $2,434.79, yet the MACD has printed a golden cross at -4.57 while RSI holds neutral at 52.32, indicating building momentum that could test the 50-EMA before any deeper retracement to the lower band.

余烬

@EmberCN

Analyst about On-chain Analysis