Ethereum Whale Buy: One Whale or Two, Reports Differ
U.Today and Cryptonews.com disagree over whether a second ETH purchase of 16,658 ETH was made by the same whale behind the $62.97M buy, or by a separate, identified wallet.
U.Today and Cryptonews.com disagree over whether a second ETH purchase of 16,658 ETH was made by the same whale behind the $62.97M buy, or by a separate, identified wallet.
What all sources agree on
- A whale purchased 27,553 ETH for $62.97 million.
- The average purchase price for this transaction was $2,286.
- The transaction occurred over a five-hour period.
- The purchase was reported by on-chain analytics source Lookonchain/@lookonchain.
Where the reports disagree
1Whether the 16,658 ETH purchase was made by the same whale as the 27,553 ETH purchase, or a different one
In the mean time, another whale has shown a similar buying behavior.
The wallet’s rapid buying spree followed an earlier purchase of 16,658 ETH using nearly $38 million in USDC.
What would settle it: On-chain transaction records showing the wallet address(es) involved in both purchases
What to make of it
Treat the 27,553 ETH / $62.97M / $2,286 average / five-hour figures as established across all three reports; whether one whale or two distinct whales were behind the combined roughly $100M in buying has not been settled and shouldn’t be treated as fact either way.
Treat the 27,553 ETH / $62.97M / $2,286 average / five-hour figures as established across all three reports; whether one whale or two distinct whales were behind the combined roughly $100M in buying has not been settled and shouldn’t be treated as fact either way.
Original source: AltcoinGordon
Syndicated coverage. Originally reported by altcoingordon.com.
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