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    Home » Ethereum whales snap up $150M in ETH as price climbs to $4,600
    News 6 hours ago

    Ethereum whales snap up $150M in ETH as price climbs to $4,600

    1 Min ReadEdie DamionBy Edie Damion
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    15-8-2025 – Two major cryptocurrency investors, known as whales, purchased $150 million worth of Ethereum (ETH) on August 15, 2025, according to blockchain analytics firm Arkham Intelligence. The first whale, identified by the wallet address 0x1e0, acquired $118.2 million in ETH through FalconX, while the second, address 0xa3A, bought $40.5 million via Galaxy Digital’s over-the-counter (OTC) trading desk.
    These transactions highlight sustained institutional interest in Ethereum amid a volatile market. The purchases come as Ethereum’s price hovers around $4,600, recovering from a recent dip below $3,400 earlier this month. Arkham’s data underscores a broader trend of whale accumulation, with large investors capitalizing on price corrections to bolster their ETH holdings.
    This activity aligns with significant inflows into Ethereum exchange-traded funds (ETFs), which have seen over $5 billion in investments since July, reflecting growing confidence in Ethereum’s role in decentralized finance and institutional portfolios. Such large-scale buys often signal expectations of future price appreciation.
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