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A certain whale/institution has increased its position by 3,875 ETH again, with a cumulative purchase of 70 thousand ETH and still holding 150 million USD in funds.

BlockBeatsJun 14, 2025
#Layer1
ETH-6.87%MAG7.SSI-3.88%USDC+0.03%

BlockBeats news, on June 14, according to Lookonchain monitoring, a whale/institution that profited 30.45 million USD from two $ETH trading waves spent another 10 million $USDC an hour ago to purchase 3,875 ETH.

In the past 3 days, this address has cumulatively spent 186 million $USDC to buy 70,465 $ETH, with an average price of 2,647.7 USD. It currently still holds 150 million $USDC, meaning if they want to buy more, they have a large amount of funds available for further purchases.

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