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On-chain data shows Ethereum whales are actively buying, with one anonymous whale spending $62.97 million to acquire 27,553 ETH within 5 hours.
On-chain data shows that Ethereum whales have been actively buying ETH recently. One anonymous whale spent $62.97 million to acquire 27,553 ETH within 5 hours, at an average price of $2,286 per ETH. Additionally, another whale with the address 0x9EcA used 37.96 million USDC to purchase 16,658 ETH within 2 hours, at an average price of $2,279 per ETH. These buying activities occurred as Ethereum's price approached a significant support level, amidst increased market volatility, with ETH attempting to stabilize after a substantial pullback.
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