Ethereum Whale Buys 10,275 ETH Worth $31.16M in 24 Hours, Total 13,612 ETH Since November 12

COINOTAG News, citing Onchain Lens, reported that in the last 24 hours a single address deployed 31.16 million USDT to acquire 10,275 ETH at an average of 3,032 USD per ETH. This clear whale activity underscores on-chain liquidity demand within the Ethereum market and highlights precise capital deployment within a tight window, contributing to near-term price discovery.

Since November 12, the same entity has spent a total of 41.89 million USDT to buy 13,612 ETH at an average price of 3,077 USD. The cumulative on-chain activity, as captured by Onchain Lens, signals sustained demand from large buyers and reinforces observed liquidity trends in the crypto market. Market watchers should monitor potential impacts on short-term volatility and resistance levels as blockchain analytics continue to track wallet inflows.