According to on-chain analyst Onchain Lens (@OnchainLens), two wallet addresses—0x554 and 0xF2f—believed to be controlled by the same entity—re-entered the market after approximately one year of inactivity, collectively spending $111.62 million in USDT to purchase 50,706 ETH at an average price of $2,201. Wallet 0x554 spent $61.02 million to acquire 27,714 ETH, while wallet 0xF2f spent $50.6 million to acquire 22,991 ETH.
Two wallets linked to the same entity re-enter the market, spending $111 million to purchase over 50,000 ETH.
TechFlowShare
Summary
Two wallets associated with the same entity have re-entered the market, spending $111.62 million in USDT to purchase over 50,000 ETH. Wallet '0x554' spent $61.02 million to acquire 27,714 ETH, while '0xF2f' spent $50.6 million for 22,991 ETH. This activity occurs as the ETH price remains under close watch, with major buyers returning after a year of inactivity. Traders are also monitoring altcoins for signs of broader market momentum.
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