Ethereum Whales Accumulate $358 Million ETH in 24 Hours

10 July, 2025, 12:30 PM

Ethereum whales are making waves in the crypto market. Lookonchain data reveals that seven significant whale addresses collectively purchased 127,971 ETH, valued at approximately $358 million, within a single 24-hour period. This substantial accumulation suggests strong confidence in Ethereum's future prospects. As of today, ETH is trading around $2,792.90, marking a 0.87% increase compared to the previous day, according to CoinMarketCap. The buying spree indicates potential bullish sentiment among these large ETH holders, hinting at possible upward price movement in the near future. Investors are watching closely to see if this whale activity triggers a broader rally. ```