A large ETH whale bought 2,321.7 ETH (~$9.917M USDT) today, signaling renewed confidence after an August 15 liquidation at $4,519. This on-chain purchase at an average price of $4,272 suggests accumulation by a profit-taking trader; monitor on-chain flows for follow-up moves.
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Whale spent 9.917 million USDT to buy 2,321.7 ETH at an average $4,272.
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Purchase followed a liquidation event on August 15 when the same whale sold at $4,519.
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On-chain monitoring by EmberCN reported the trade; COINOTAG News documented the activity on September 7th.
whale buys ETH — Large ETH whale spent $9.917M USDT to buy 2,321.7 ETH at $4,272; read on for on-chain context and next steps.
How did the ETH whale execute the recent buy of 2,321.7 ETH?
The ETH whale executed an on-chain accumulation, spending 9.917 million USDT to acquire 2,321.7 ETH at an average price of $4,272. According to COINOTAG News (reporting EmberCN monitoring) the same whale had liquidated ETH on August 15 at $4,519 and returned to buy at the lower level.
What does this whale activity tell traders about market sentiment?
Renewed ETH whale buying after a prior liquidation often signals selective accumulation or repositioning by large holders. Short-term sentiment can shift when large buys occur below earlier selling prices, indicating either dollar-cost averaging or strategic re-entry.
How significant was the purchase in on-chain terms?
The 2,321.7 ETH purchase equals 9.917 million USDT at an average of $4,272 per ETH. For context, this trade size represents meaningful capital flow but is not large enough to move spot price alone; it is significant as a directional signal from a previously realized-profit whale.
Why did the whale buy ETH after liquidating on August 15?
The whale likely re-entered to capture perceived value at lower prices after realizing profits on August 15. On-chain data often shows large holders rotate between realized profit-taking and accumulation, using price dips to rebuild exposure.
What are the measurable on-chain indicators to watch next?
Track exchange inflows/outflows, wallet clustering for the whale’s address, and subsequent large transfers. Rising outflows to non-exchange wallets and repeated buys by the same address strengthen an accumulation thesis.
Frequently Asked Questions
How much ETH did the whale buy and at what average price?
The whale purchased 2,321.7 ETH, spending 9.917 million USDT for an average price of $4,272 per ETH. This was reported by COINOTAG News citing EmberCN monitoring on September 7th.
Who reported this on-chain activity?
COINOTAG News published the report on September 7th, based on on-chain monitoring by EmberCN. These names are presented as plain text sources for verification without external links.
Key Takeaways
- Large re-entry: A whale re-entered ETH with a 2,321.7 ETH buy totaling 9.917M USDT.
- Price context: The buy averaged $4,272 after an August 15 liquidation at $4,519.
- Actionable insight: Monitor on-chain flows, exchange balances, and the whale’s subsequent transfers to assess accumulation strength.
How should traders interpret whale buys in practice?
Use whale buys as one data point among many: combine on-chain metrics, order book depth, and macro catalysts before adjusting positions. A disciplined approach prevents overreaction to single large trades.
Conclusion
The recent whale buys ETH event—2,321.7 ETH acquired for 9.917M USDT at $4,272—follows a prior liquidation on August 15 and suggests selective accumulation by a large holder. Continue monitoring on-chain indicators and market liquidity; COINOTAG will track follow-up flows and update as more data emerges.
Publication: COINOTAG · Published: 2025-09-07 · Updated: 2025-09-07