A whale dormant for 2 years bought over 4,000 ETH on-chain
According to ChainCatcher, market sources indicate that addresses 0xF78…04d25 and 0x5F4…17f86 are suspected to belong to the same individual. The most recent ETH purchase was in February 2024, at a cost of approximately $2,631.88. However, 7 hours ago, 4,020.61 ETH (worth $8.74 million) were suddenly purchased on-chain at an average price of $2,174. Currently, a total of 5,122 ETH are held, with an average cost of $2,269, which is roughly in line with the current price.
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