An Unknown Whale Accumulates Over $178.9 Million in Ethereum (ETH) Within 11 Days
An anonymous cryptocurrency whale has managed to accumulate more than 64,000 Ethereum (ETH) in just 11 days, as per on-chain data. According to blockchain-tracking service Lookonchain, the whale has acquired 64,346 ETH worth $178.9 million from both centralized and decentralized crypto exchanges since February 8th.
The whale initially accumulated 1,100 ETH on February 8th and later added 9,959 ETH worth $24.67 million from Binance. The investor then spent $60 million worth of USDT to acquire 21,353 ETH at $2,810. After this purchase, the whale withdrew 10,649 ETH worth $30.68 million from Binance. Yesterday, the whale added another 11,587 ETH worth $33.5 million to their already large Ethereum stack.
Current Holdings of the Whale
At present, the whale holds a total of 74,383 ETH worth $217.57 million and also owns 5,491 Staked Ethereum (STETH) worth $16.02 million on the Lido decentralized finance protocol. Additionally, they possess approximately $29.9 million worth of USDT, bringing the total value of their crypto assets to a little over $263 million.
A Different Whale Sells Livepeer (LPT)
Another whale has unloaded a significant quantity of Livepeer (LPT), the native token of the video infrastructure network. This whale deposited all 148,215 LPT ($2.96 million) to Binance to sell for profit after selling some of its LPT on the MEXC crypto exchange earlier.
The whale initially deposited 100,000 LPT to MEXC and later withdrew 65,000 LPT, possibly selling 35,000 LPT. Currently, the whale holds 212,371 LPT ($3.93 million), resulting in a total profit on LPT exceeding $3.5 million.
At present, LPT is trading at $16.19.
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