Entity Buys Over 50,000 ETH at an Average Price of $2,201

KuCoinFlash

Release Time: 03/19/2026 00:36:43

Summary

A major entity re-entered the Ethereum market on March 19, 2026, purchasing 50,706 ETH at an average price of $2,201. Wallets '0x554' and '0xF2f' spent $111.62 million in USDT, with '0x554' acquiring 27,714 ETH for $61.02 million and '0xF2f' buying 22,991 ETH for $50.6 million. The move reflects a favorable risk-to-reward ratio based on recent price action.

BlockBeats report, March 19: According to OnchainLens monitoring, two wallet addresses, '0x554' and '0xF2f', may belong to the same entity and have significantly re-entered Ethereum purchases after a year of continuous selling.

This entity spent approximately $111.62 million in USDT to purchase 50,706 ETH at a price of approximately $2,201 each. Among them:

Wallet '0x554' spent $61.02 million to purchase 27,714 ETH
Wallet '0xF2f' spent $50.6 million to purchase 22,991 ETH

Related address:
0x554adc35ccd8090566bfca842537fd39b82489c1
0xf2f270f7beb58bd9b4ea2d393961945610c4f537

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