Ethereum Whale Buys $155M in ETH, Holdings Climb to 328K, Price Rallies to $4.5K
An anonymous Ethereum whale purchased 35,237 ETH (≈$155.06 M), raising its total holdings to 328,421 ETH (≈$1.445 B) across ten wallets via FalconX, Galaxy Digital and BitGo. This follows an earlier acquisition of 59,998 ETH (≈$253.62 M), which had brought its balance to 293,184 ETH (≈$1.24 B). On‐chain data from Onchain Lens shows another 14,942 ETH (≈$64.17 M) unstaked and moved to Binance, further tightening liquid supply. Meanwhile, whale trader AguilaTrades incurred $683,000 losses on a 15× leveraged ETH short, pushing total short losses to $2.81 M. ETH price rallied above $4,500 amid these large‐scale moves. The aggressive accumulation by a major Ethereum whale, coupled with shrinking liquid supply and a failed high‐leverage short, signals bullish market sentiment ahead of upcoming scalability upgrades and continued DeFi growth.
Bullish
The whale’s sizable 35,237 ETH purchase and prior accumulation reduce liquid ETH supply at a time when on-chain staking outflows moved 14,942 ETH to Binance. A failed 15× leveraged short by another whale underscores bearish trades blowing up, fueling a short squeeze and driving the ETH price to $4,500. Large-scale accumulation ahead of network upgrades and growing DeFi activity typically attracts institutional follow-on investment, signaling strong bullish momentum in both the short and long term.