Crypto
Whale Investor Scoops Up 25,000 ETH in 34 Hours
A large whale investor has made a significant move in the Ethereum market, according to data. Over a period of 34 hours, this massive investor amassed 25,000 ETH through a TWAP (Time-Weighted Average Price) long position worth approximately $46.5 million.
The whale's buying spree was not a one-time event but a calculated strategy to accumulate a substantial amount of Ether. This move has raised eyebrows in the crypto community, sparking discussions about market manipulation and potential price impacts.