Mysterious Whales Rapidly Amass Fortune Worth 4.167 Billion Dollars in Ethereum Through Cryptocurrency Exchanges: Report Revelation
In a recent development, large financial institutions and corporate holders have been quietly accumulating billions of dollars worth of Ethereum (ETH) through various crypto exchanges and trading platforms. This revelation, based on blockchain analytics reports from August 2025, sheds light on a significant trend in the crypto market.
One such institution has amassed over $1.3 billion in ETH via 10 new wallets since early August, primarily through platforms such as Galaxy Digital and FalconX. Similarly, unknown whales or institutions have accumulated approximately 1.035 million ETH worth around $4.17 billion since July 10, purchasing through exchanges including Kraken, Binance, Coinbase, BitGo, FalconX, and Galaxy Digital.
The exact identities of these entities remain undisclosed, but it is believed that most of these holdings belong to institutional investors or U.S.-listed firms that hold ETH reserves. No individual investors or specific firms have been publicly identified.
The average purchase price during these accumulations is estimated around $3,546 per ETH, during which the price of ETH rose from around $2,600 to $4,000, reflecting a 45% rally. The entities appear to be employing a "buy-the-dip" strategy amid broader market consolidation and are spreading their holdings over multiple wallets for security.
This strategic accumulation of Ethereum is contributing to supply tightening as the entities take advantage of dips, driving recent price rallies. At the time of writing, Ethereum is trading for $4,260, a 6.4% increase during the last 24 hours.
The future of finance, including macro, bitcoin, ethereum, crypto, and web 3, is a topic of great interest, and the article also covers this aspect. Notable predictions include Fundstrat's Tom Lee, who forecasts Ethereum could end the year with a price tag between $7,000 and $15,000. Crypto analyst Benjamin Cowen predicts Ethereum could rise to a new all-time high by December and possibly reach a market cycle top by January.
The article, published by The Daily Hodl, also features News, Bitcoin, Ethereum, Altcoins, Financeflux, Trading, NFTs, Blockchain, Futuremash, Regulators, Scams, Hacks & Breaches, and more. It includes Latest Stories, FAQ, and the option to Submit Guest Post in the HODLX section. The article is categorized under Bitcoin, Ethereum, Trading, Altcoins, Futuremash, Financeflux, Blockchain, Regulators, Scams, HodlX, Press Releases, and more.
However, the crypto landscape is not without its challenges. A recent hack on a healthcare firm potentially exposed the personal information of 113,575 Americans, putting them at risk of fraud. Additionally, the US government has been scammed out of $13 million by a fake millionaire who filed fraudulent PPP loans and IRS refunds.
As always, it's crucial to stay informed and vigilant in the ever-evolving world of cryptocurrency. For the latest updates, visit The Daily Hodl.
[1] Galaxy Digital [2] Kraken [3] Binance [4] Coinbase [4] BitGo [4] FalconX [4] Galaxy Digital
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