Odaily Planet Daily reports, according to Arkham monitoring, Ethereum OG "thomasg.eth" spent $3 million approximately 15 hours ago to acquire around 1,401 ETH, bringing his total ETH purchases this week to $19.5 million. It is reported that at the peak of the 2021 market, thomasg.eth held up to $538 million in ETH, WBTC, and DAI.
Ethereum OG 'thomasg.eth' buys 1,401 ETH for $3M, adds $19.5M in ETH this week
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Summary
The Ethereum price saw renewed buying from OG 'thomasg.eth,' who added 1,401 ETH worth $3 million. The total ETH added by this address this week reached $19.5 million. This same address held up to $538 million in ETH, WBTC, and DAI at the 2021 market peak. ETH analysis shows long-term holders are accumulating again ahead of potential network upgrades.
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