Whale Buys 18,557 ETH Worth $64M, Now Holds 38,000 ETH Valued at $135M

On July 19, on-chain data analyst Yu Jin reported a significant transaction involving a prominent whale or institutional investor who acquired 18,557 ETH for a total of 64.04 million USDT over the last two days, averaging an entry price of $3,451 per ETH. This entity strategically withdrew 47.28 million USDT from platforms including Cryptocom and Cumberland to facilitate the on-chain purchase. Subsequently, the investor leveraged their ETH holdings by pledging assets on Aave, securing a loan of 16.75 million USDT to further augment their Ethereum position. Presently, this whale/institution commands a substantial portfolio of approximately 38,000 ETH, valued near $135 million, underscoring a robust commitment to Ethereum amid evolving market dynamics.

‘,
‘

🔒 Secure and Fast Transactions
Diversify your investments with a wide range of coins. Join now!

‘,
‘

💎 The Easiest Way to Invest in Crypto
Dont wait to get started. Click now and discover the advantages!

‘
];

var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();