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A certain whale/institution has bought 103,141 ETH in the past 6 days, with an average price of $3,140.

By: theblockbeats.news|2025/07/18 03:21:42

BlockBeats News, July 18th, according to ChainNews, a whale/institution has accumulated 103,141 ETH ($3.238 billion) through FalconX in the past 6 days, at an average price of $3,140.

In addition, another address accumulated 103,274 ETH through Kraken in a similar time frame, at an average price of $2,885, with a total value of about $2.98 billion and a current unrealized gain of about $63 million. The address withdrew 14,982 ETH ($51.29 million) from Kraken 4 hours ago.

The two addresses have highly similar accumulation timings, methods, and quantities, possibly belonging to the same institution. Institutional accumulation of ETH in the market has driven the price up from $2,500 in July to the current $3,600.

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