Over 1.1 Million ETH Accumulated by Multiple Whales and Institutions in the Past Month, Worth Approximately $4.78 Billion
According to Jinse Finance, on-chain analyst Yujin has observed that since July 10, over 1.1 million ETH (approximately $4.78 billion) have been accumulated by several unknown whales or institutions through exchanges or institutional service platforms. The average price of the accumulated ETH is around $3,584. During this period, the price of ETH rose from $2,600 to $4,300, an increase of 65%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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