Whale sweeps over 50,000 ETH in 24 hours, $162 million in positions and still ongoing

【ChainWen】On-chain data just revealed an interesting signal. A whale has been疯狂 buying ETH in the past 24 hours, accumulating a total of 50,537.79 ETH with an investment of up to $162 million. Just in the past 45 minutes, this whale has spent $31.79 million to add another 8,085 ETH at an average price of $3,932.8.

This is not a one-time casual trade. Data shows that this address has previously accumulated 42,452.79 ETH in a single day, and is now still adding more, indicating a methodical pace. It seems the buying spree hasn’t stopped yet, and there may be further actions.

What does this sustained level of buying usually imply? Large investors have a vision for the market, either optimistic about a certain cycle or waiting for a specific event. Regardless, the size of this order is enough to stir market sentiment. It’s worth continuing to watch this whale’s next moves.