New ETH Whales Grabbing Astonishing Number of Ethereum As Price Soars – U.Today

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According to the data shared by the blockchain sleuth @OnchainDataNerd on the X social media app, over the past few hours, four new whales have purchased substantial ETH chunks on the leading US-based Coinbase exchange.
Besides, Whale Alert crypto tracker has spotted a massive ETH chunk withdrawn from the Binance exchange to an anonymous wallet.
Per tweet of the aforementioned source, three new whales together purchased 47,760 ETH in total over the past 24 hours. This amount of Ethereum was worth $82.97 million at the time of the purchases.
Another new wallet bought and withdrew 8,310 ETH from Coinbase worth $15.09 million, paying $1,816 per coin for that.
1 hour ago, Fresh Whale withdrew 8.31K $ETH ($15.09M) from #coinbase at $1816.

There have been 3 Fresh Wallets jointly accumulated a total of 47.76K $ETH ($82.97M) in the last 24H.

Bullish 🚀 pic.twitter.com/sIzlMci76V
Another whale, according to Whale Alert, shifted a total of 30,709 ETH from Binance half an hour ago.
🚨 🚨 🚨 30,709 #ETH (55,768,102 USD) transferred from #Binance to unknown wallethttps://t.co/tv6oym4L3g

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Over the last 24 hours, the second largest cryptocurrency Ethereum has surged by a substantial 7.5%, surging from $1,717 range to the $1,846 level. A marginal decline of 1.13% followed, pushing Ethereum down to $1,828 per coin on the Bitstamp exchange.
Ethereum and the rest of the crypto market have been on the rise, following the flagship cryptocurrency Bitcoin – within the last 24 hours, BTC spiked by 9.73%, soaring from $31,446 to $34,505. The price rise has been driven by the growing hype about the potential approval of the Bitcoin spot ETF this year by the SEC regulator.
Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 
His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.
Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.
Disclaimer: The opinions expressed here are not investment advice; they are provided for informational purposes only. The opinions expressed by our writers are their own and do not represent the views of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. We do not recommend investing money you cannot afford to lose.

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