Whale Accumulates 13,075 ETH in a Month: Lido Holdings Surge to 24,300 ETH

In a significant development within the cryptocurrency ecosystem, COINOTAG reported on April 7th that a notable whale investor has amassed a staggering 13,075 ETH, valued at approximately $23.27 million, over the last month. This acquisition, averaging around $1,780 per ETH, underscores the ongoing bullish sentiment among large investors. Currently, this whale’s holdings are concentrated in Lido, where it possesses a total of 24,300 ETH. Significantly, this investor has refrained from liquidating any of their tokens, reflecting a strategic long-term approach to holding valuable digital assets. The whale’s actions may indicate confidence in the market, suggesting that Ethereum’s fundamentals could support future price rallies, especially as liquidity appears to be tightening in the market.