13-9-2025 – Ethereum has surpassed the $4,700 threshold, reaching $4,701.47 USDT on Binance, marking a 4.28% rise over the past 24 hours. This surge coincides with aggressive buying from a major investor who has ramped up positions in ETH and Wrapped Bitcoin since September 9. The entity, tracked via on-chain analytics, has deployed $28 million across the two assets over five days, including $12 million in purchases within the last eight hours through the decentralized exchange Cowswap—$8 million in ETH and $4 million in WBTC.
Their current portfolio includes 3,551 ETH valued at $16 million, bought at an average of $4,506 per token for a $727,000 unrealized gain, alongside 105 WBTC worth $12 million at an average cost of $114,811, yielding $147,000 in profits.Â