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Whales scoop $2B in ETH amid ETF demand and short squeeze

2025-08-04 18:06:53

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Whales ramped up accumulation as two addresses received approximately 43K ETH worth more than $153M. SharpLink Gaming also added 18.86K ETH valued at $66.6M to its treasury. Its total ETH purchase in the last 48 hours amounted to 30.755K ETH worth $106M. The Ether Reserve LLC, a subsidiary of The Ether Machine, bought 10.6K ETH for roughly $40M at $3.781K per ETH. Onchain Lens reported that a new wallet with the address 0x86F911dEb6bB8CA received 24.294K Ether FalconX, valued at $86.5M. The Whal...

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