Two Major Addresses Accumulate Over 4,000 ETH Worth $10.78M at $2,655 Average Price
The post Two Major Addresses Accumulate Over 4,000 ETH Worth $10.78M at $2,655 Average Price appeared on BitcoinEthereumNews.com. According to on-chain analyst Ai Yi (@ai_9684xtpa), two distinct Ethereum wallets have collectively acquired 4,059.36 ETH within a two-hour window, representing a substantial investment of approximately $10.78 million. The average acquisition cost stood at $2,655 per ETH, reflecting a strategic accumulation during this period. Specifically, the wallet identified as 0x113…439a4 purchased 1,084.98 ETH valued near $2.88 million, while the second address, 0xc72…a839D, acquired 2,974.38 ETH amounting to roughly $7.89 million. This significant on-chain activity may indicate institutional interest or large-scale investment strategies, underscoring the ongoing demand dynamics within the Ethereum market. Monitoring such wallet movements provides critical insights into market sentiment and liquidity flows, essential for investors and analysts tracking the crypto asset’s performance. ‘, ‘
The post Two Major Addresses Accumulate Over 4,000 ETH Worth $10.78M at $2,655 Average Price appeared on BitcoinEthereumNews.com.
According to on-chain analyst Ai Yi (@ai_9684xtpa), two distinct Ethereum wallets have collectively acquired 4,059.36 ETH within a two-hour window, representing a substantial investment of approximately $10.78 million. The average acquisition cost stood at $2,655 per ETH, reflecting a strategic accumulation during this period. Specifically, the wallet identified as 0x113…439a4 purchased 1,084.98 ETH valued near $2.88 million, while the second address, 0xc72…a839D, acquired 2,974.38 ETH amounting to roughly $7.89 million. This significant on-chain activity may indicate institutional interest or large-scale investment strategies, underscoring the ongoing demand dynamics within the Ethereum market. Monitoring such wallet movements provides critical insights into market sentiment and liquidity flows, essential for investors and analysts tracking the crypto asset’s performance. ‘, ‘
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