ICO-Era Ethereum Whale Buy Back 13.6k ETH, Hold 59.7k
On-chain data dey show say one ICO-era Ethereum whale wey get low $0.31 cost basis don commot 13,600 ETH (~$47M) from exchanges within three weeks, con boost im holdings to 59,718 ETH (~$210M). This na im first big buy-back for over two years after e sell total of 358,600 ETH (~$897M) from July 2024 reach July 2025. Another whale self con commot 2,850 ETH (~$10M) from Kraken, wey make im holdings reach 18,111 ETH (~$64M). Ethereum price climb reach $3,559 (+2.4% in 24h), e fit mean say whale activity and supply tightness dey support price to bounce back, e dey fueled by possible spot ETH ETF approval and growth for Layer 2, DeFi plus NFT ecosystems. Traders suppose dey watch on-chain signs well-well, because when Ethereum whales dey accumulate, e dey often happen before bullish way for crypto market.
Bullish
Big big ETH wey one low cost-basis Ethereum whale don gather after long long sell-off don make circulating supply tight and e don already join price rise to $3,559. Historically, whale buy-backs dey show say institutional interest dey grow and fit trigger short-term bullish momentum. For long term, as major holders don get new confidence plus the chance say spot ETH ETF go get approval and Layer 2, DeFi, and NFT ecosystems go expand, e fit support steady price rise. Traders fit see am as early sign say bull phase dey come, but dem suppose balance these on-chain jara with broader fundamental analysis plus risk management.