Whale Buys 18,557 ETH Worth $64M, Now Holds 38,000 ETH Valued at $135M
2025-07-19 08:37:18
Main Idea
A whale or institutional investor purchased 18,557 ETH worth $64M, now holding 38,000 ETH valued at $135M, demonstrating strong confidence in Ethereum.
Key Points
1. A whale/institution bought 18,557 ETH for $64.04M USDT over two days, averaging $3,451 per ETH.
2. The entity withdrew 47.28M USDT from Cryptocom and Cumberland to facilitate the purchase.
3. The investor leveraged their ETH holdings on Aave, securing a 16.75M USDT loan to further increase their Ethereum position.
4. Currently, the whale holds approximately 38,000 ETH, valued at around $135M.
Description
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$ETH
$3539.45
-1.25%
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