Whales Accumulate 7,591 ETH: Major Moves in Ethereum Holdings

On March 9th, COINOTAG News reported significant movements in the cryptocurrency market, as two major whales have collectively bolstered their ETH holdings by a staggering 7,591 ETH over a mere 12-hour period. The wallet identified as redbase.eth made a notable acquisition, purchasing 6,100 ETH on-chain at an average price of $2,200, totaling approximately $13.42 million. Meanwhile, another address, 0x42a…C42f8, executed a withdrawal of 1,491 ETH valued at $3.29 million from Binance just nine hours ago. This specific address has amassed a total of 4,505 ETH across the last five days, amounting to a notable $9.78 million at an average price of $2,171. Such activities underline the increasing demand and investment confidence within the Ethereum market.