Whale Accumulates Over $178,900,000 in Ethereum (ETH) in Less Than Two Weeks: Lookonchain

An unknown cryptocurrency whale has amassed over 64,000 Ethereum (ETH) in simply 11 days, in response to on-chain knowledge.

Blockchain-tracking service Lookonchain notes that since February eighth, an nameless whale has acquired 64,346 ETH price $178.9 million from each centralized and decentralized crypto exchanges.

Blockchain explorer Etherscan shows that the whale initially amassed 1,100 ETH on February eighth, previous to adding 9,959 ETH price $24.67 million from prime crypto change Binance a number of days later.

The deep-pocketed investor subsequently spent $60 million price of the dollar-pegged stablecoin USDT to accumulate 21,353 ETH at $2,810. After the big buy, Lookonchain says the whale withdrew 10,649 ETH price $30.68 million from Binance.

Yesterday, the crypto whale added to their already giant Ethereum stack by withdrawing 11,587 ETH price $33.5 million from Binance.

Ethereum is buying and selling at $2,920 at time of writing.

Per crypto analytics platform Arkham Intelligence, the whale presently holds a complete of 74,383 ETH price $217.57 million. The whale additionally holds 5,491 Staked Ethereum (STETH) price $16.02 million on the decentralized finance protocol Lido (LDO).

As well as, the investor with deep pockets owns roughly $29.9 million price of USDT. The full worth of the crypto belongings within the whale’s pockets on the time of writing is a bit of over $263 million.

In the meantime, Lookonchain finds {that a} completely different whale has unloaded a major amount of the native token of the decentralized video streaming community Livepeer (LPT).

“With the value of LPT hitting highs, the whale deposited all 148,215 LPT ($2.96 million) to Binance to promote for revenue.”

The whale had earlier bought a few of its LPT on the MEXC crypto change whereas withdrawing a portion.

“A whale bought 35,000 LPT ($630,000) on MEXC for revenue.

This whale deposited 100,000 LPT to MEXC and subsequently withdrew 65,000 LPT, presumably promoting 35,000 LPT.

The whale [held] 212,371 LPT ($3.93 million), and the overall revenue on LPT exceeds $3.5 million.”

LPT is buying and selling at $16.19 at time of writing.

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