New Ethereum Whale Accumulates $7.31M Through CoW Swap Aggregator

A new wallet has accumulated approximately $7.31 million worth of Ethereum (ETH) over the past hour, according to on-chain analyst ai_9684xtpa.

The address, beginning with 0x856, withdrew stablecoins from Binance and then executed split purchases of 3,877.67 ETH through the CoW Swap aggregator at an average price of $1,886.55 per ETH.

The entire purchased amount was transferred to another address starting with 0xC32, a typical move for whales indicating a move to cold storage or a designated holding wallet.

This transaction comes amid moderate volatility in the crypto market, with ETH trading near $1,886.55 at the time of the purchase.