According to on-chain data monitoring, a suspected large mining institution has once again taken action in the past 5 hours, purchasing a total of 48,049 ETH, which is worth approximately $140.58 million at current prices.



This move reflects the institution's continued optimism towards Ethereum. In the current market volatility, such large buy orders often serve as market indicators. As the second-largest public chain, changes in institutional holdings of ETH have always attracted attention.

It is worth noting that recent events of ETH purchases in the millions of dollars have been occurring frequently, indicating that institutional investors are positioning for long-term holdings. If you are interested in whale movements and large transactions, this type of on-chain data can help you better understand the true intentions of market participants.
ETH0.78%
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MevShadowrangervip
· 12-17 01:15
Wow, here comes another wave. Are the whales疯狂抄底 (buying the dip) again?
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BlockchainDecodervip
· 12-17 01:14
Data shows frequent million-level buys, but from a technical perspective, how long can this pattern actually be sustained? Food for thought.
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ChainWallflowervip
· 12-17 01:14
It's always the mining institutions making moves, and us retail investors just wait to pick up the pieces.
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WhaleMinionvip
· 12-17 01:12
Here we go again, the big whale is accumulating again.
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ser_ngmivip
· 12-17 01:01
It's the whales eating up the chips again, this rhythm is really incredible.
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