Whale Investor Buys $111 Million in Ethereum After Year-Long Pause

On Wednesday, a whale investor purchased 50,706 ETH worth approximately $111.62 million USDT across two wallets, according to onchain data from Lookonchain and Arkham analytics. This marks the trader’s first activity after seven months of dormancy, following a sale of 28,683 ETH roughly a year ago at an average price of $3,892. The latest acquisition indicates a strategy to enter at lower price levels, anticipating potential future appreciation.

Pattern of Whale Accumulation After Dormancy

Recent trends suggest multiple whale wallets have resumed buying Ethereum after extended inactivity. Lookonchain reported another large purchase earlier this week: 23,393 ETH acquired with 49 million USDT, following a prior sale of 12,886 ETH at $3,324. Analysts have speculated on wallet ownership, including links to the ShapeShift founder, though such attributions remain unconfirmed.

Ethereum Price Context and Institutional Flows

Ethereum is currently trading at $2,198, down 5.45% in the past 24 hours and more than 55% below its August 2025 all-time high of $4,946. Despite the lower prices, institutional inflows have resumed via U.S. spot ETFs, reflecting renewed interest from professional investors. Recent guidance from the U.S. Securities and Exchange Commission clarified that most cryptocurrencies are not classified as securities, providing regulatory certainty that may support market participation.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.