Ethereum Whales Quietly Accumulate Despite Flat Price

[nihalsari]

Large investors have been withdrawing massive amounts of Ethereum from centralized exchanges in recent days.

One whale wallet reportedly accumulated over 80,000 ETH (~$165M) since March 11 at an average price near $2,078. Another investor deployed nearly $25M in Tether to buy almost 12,000 ETH.

Even with ETH trading near $2,000, these moves suggest long-term conviction from major holders.

[cryptohog]

whale deposits $25M in tether to buy the dip while i'm over here debating if i can afford the extra guac at chipotle