According to Ai Yi monitoring, a whale who has been steadily accumulating ETH and WBTC since July withdrew an additional 4,998 ETH and 75 WBTC from exchanges over the past four hours, totaling approximately $17.75 million. To date, this address holds a cumulative total of 56,400 ETH and 700 WBTC, with a total value of approximately $148 million. The average acquisition cost is roughly $1,742 per ETH and $64,205 per WBTC, resulting in an unrealized profit of approximately $11.42 million.
Whale Accumulates $17.75M in ETH and WBTC in 4 Hours
TechFlowShare
Summary
A whale added $17.75M in ETH and WBTC over four hours, according to TechFlow. The address withdrew 4,998 ETH and 75 WBTC from exchanges, fueling speculation around ETH price movements. It now holds 56,400 ETH and 700 WBTC, valued at $148M, with an unrealized profit of $11.42M. This move occurs amid a Fear & Greed Index reading near 25, indicating extreme market caution.
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