$ETH A series of whales accumulating ETH, Whale Wallet Linked to "Jacob Zhao" Accumulates Over 6,300 ETH into Private Wallet

The recovery momentum of ETH is continuously being fueled by whales. The consecutive accumulation phases indicate a very lively atmosphere of "buying at low prices."

ETH
ETHUSDT
2,009.85
-5.12%

🔸A brand new whale wallet has just purchased and withdrawn 6,367 ETH to a private wallet. This amount of ETH is currently valued at $14.73 million at the current price.

🔸The unique aspect is that this wallet is believed to be linked to Jacob Zhao. A wallet being associated or identified suggests that institutional capital flow is entering ETH.

Will the bullish signals and moves by the whales prove accurate, or will the market teach the whales another lesson?

News is for reference, not investment advice. Please read carefully before making a decision.