Go shopping: whales scoop $ 4.16-b Ethereum tokens on the past month | Bitcoinist.com

Go shopping: whales scoop $ 4.16-b Ethereum tokens on the past month | Bitcoinist.com

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Institutional investors have put in recent weeks at the center of crypto discussions, with emerging treasury companies being the conversation of the city. Ethereum – Bitcoin only – is one of the cryptocurrencies collected by the new market and participants in the market (usually institutional players). Interestingly, the latest data on the chains show that this relevant class of investors has increased their purchases in recent weeks and has bought billions of Ethereum tokens in the last 30 days.

Are institutions behind the recent price butt of Ethereum?

In a recent message on the X -platform, Embercn unveiled That several unknown whales or institutions have collected more than 1,035 million ETH tokens (worth around $ 4,167 billion) since 10 July 2025. According to the on-chain analysis company, this Koopspree took place via exchanges or institutional trading platforms, including Kraken, and Galaxy.

Embercn, in the post on X, stated that most of the addresses that these substantial amounts of Ethereum tokens have collected are probably owned by institutions or public companies established in the US building ETH reserves. However, the analysis has excluded SBET (Sharplink Gaming), because the addresses are known and are identifiable.

The Ethereum accumulation of Sharplink has been well documented in the past month and acquires hundreds of thousands of Ether tokens in the space of a month. As Bitcoinist reported, the marketing company expects to expand its ETH-oriented treasury to $ 5 billion.

Ethereum

Source: @EmberCN on X

This accumulation trend correlates with a period of positive price promotion, with Ethereum rising from $ 2,600 to more than $ 4,000 – more than an increase of 45% in the last 30 days. Nevertheless, it is worth mentioning that the average acquisition price for these institutional purchases is approximately $ 3,546.

The Ethereum -token is currently appreciated at around $ 4,260, which reflects an increase of more than 5% in the last 24 hours. Data from Coingecko shows that the second largest cryptocurrency has increased in value by more than 25%in the last seven days.

Arthur Hayes again acquires ETH token at higher prices

BitMex co-founder Arthur Hayes unveiled That he bought all his Ethereum tokens after a considerable sale last week. According to data on the chain, Hayes sold 2,373 ETH tokens (equal to $ 8.32 million at the time of sale) at around $ 3,507.

The ETH price has since risen by more than 20%, so that the co-founder of Bitmex “undo” his trade. On Saturday, August 9, Hayes used $ 10.5 million in USDC to buy fresh Ethereum tokens at around $ 4,150.

Hayes said on x:

Had it been to buy it all back, do you forgive me @fundstrat? (Referring to Tom Lee, the Chief Investment Officer at Fundstrat Capital and head of research at FS Insight). I swear, I will never make a profit again.

Ethereum

The price of ETH on the daily timeframe | Source: ETHUSDT chart on TradingView

Featured image of Istock, graph of TradingView

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