A prominent Ethereum whale known as thomasg.eth has made a market return, purchasing approximately $19.5 million worth of ETH, WETH, and ETH deposited through Aave over the past week, including a $3 million buy-in on March 20. The whale previously held a crypto investment portfolio worth $538 million in 2021 but largely exited by mid-2022. This buying spree coincides with analysis from Ali Martinez, who points out that Ethereum's MVRV ratio has fallen near the historical buy zone of 0.8, a level that previously signaled a 250% surge in Ethereum's price in April 2025. ETH is currently trading at approximately $2,153.

ETH-2.78%
AAVE-1.84%
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