A mysterious crypto whale or institution has been gobbling up massive amounts of Ethereum (ETH) across three digital asset companies, on-chain data shows.
According to the blockchain tracker Lookonchain, the unknown entity created multiple wallets and filled them up with more than $1 billion worth of ETH in about one week.
“What a crazy accumulation! This mysterious entity created 10 new wallets in the past eight days and accumulated 312,052 ETH ($1.34 billion) from FalconX, Galaxy Digital and BitGo.”
ETH is trading for $4,443 at time of writing, up 3.1% in the last 24 hours.
CMJiHu deposited 96,996 SOL ($17.45 million) to exchanges [Monday].
5PjMxa deposited 91,890 SOL ($15.98 million) to Kraken [Monday.]
HiN7sS deposited 37,658 SOL($6.73 million) to Binance for a profit of $1.63 million.”
Solana is trading for $180 at time of writing, up marginally on the day.
Whale 0x3c9E withdrew 510,000 LINK ($11.13 million) from Binance over [Sunday and Monday] and deposited it into Compound.
LINK is trading for $23.64 at time of writing, up 8.4% in the last 24 hours.
