Ethereum Whale Drops $7.4 Million on Ethereum in Latest Buying Spree

A large Ethereum investor known as '0x2684' has made another significant purchase of the cryptocurrency, buying approximately $7.4 million worth of Ethereum in a single transaction.

This acquisition brings the wallet's total Ethereum holdings to 79,216 ETH, purchased for about $140.77 million at an average price of $1,777 per token since June 30.

The whale also accumulated 1,400 Wrapped Bitcoin (WBTC) valued at $89.44 million during this period, with an average purchase price of $63,887 per WBTC.

Ethereum's current price is around $1,905, up 1.8% over the previous 24 hours, while Wrapped Bitcoin (WBTC) is trading at $64,645, a 1% increase over the same period.