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A major whale/institution has demonstrated highly regular operations recently, resembling "on-chain dollar-cost averaging," purchasing 10,000-20,000 ETH daily through a single wallet with spending at the "hundred million" level.
This morning was no exception, as the address made another move, spending 30.72 million USDT to acquire 14,424 ETH.
To date, it has accumulated investments of 253 million USDT through 6 wallets, accumulating 117,800 ETH on-chain, with an overall average holding price of approximately $2,149.
#Gate13周年全球庆典 $ETH
ETH0,85%
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A legendary wallet that had been dormant for 14 years woke up half an hour ago.
The wallet transferred 2,100 bitcoins from the Mt.Gox exchange in July 2012 and then entered a long period of hibernation. Today, it initiated a test transfer of just $55 to a new address, marking the end of its 14-year silence.
14 years ago, this asset—accounting for one ten-thousandth of the total bitcoin supply—was worth only $13,839; now, its market value has soared to $148 million, an increase of over 10,700 times.
#Gate13周年全球庆典 $BTC
BTC0,55%
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Recently, on-chain data shows that whales/institutions have been continuously buying ETH. Although some addresses were previously flagged as potentially belonging to Erik Voorhees, he has explicitly denied this.
The whale purchased another 17,084.3 ETH eight hours ago, valued at approximately $36.75 million. Since March 10, through 5 associated wallets, it has spent a cumulative $222 million over 10 days to purchase 103,300 ETH, with an average holding cost of approximately $2,151 per ETH.
#Gate13周年全球庆典 $ETH
ETH0,85%
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Whale Using Circular Loans to Long BTC Gets Liquidated, Suffers Over $14 Million Loss
Over the past year, this whale employed a circular lending strategy of collateralizing WBTC to borrow USDC, then purchasing WBTC again, using leverage to accumulate 742.8 BTC with an average cost basis of approximately $89,137.
One hour ago, the whale liquidated all 742.8 BTC through FalconX at a price of $70,266, recovering $29.75 million USDC to repay Aave loans, ultimately suffering a loss of $14.02 million.
#Gate13周年全球庆典 $BTC
BTC0,55%
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Whale Betting Big on Crude Oil:
15 minutes ago, a certain whale transferred 4.1 million USDC into Hyperliquid, and went all-in on a long position of Brent crude oil with 5x leverage, with an opening position size of approximately $20 million.
Opening price at $107.28, currently floating loss of $200,000.
#Gate13周年全球庆典 $XBRUSD
XBRUSD4,24%
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An address believed to belong to ShapeShift founder Erik Voorhees continues to buy ETH:
In the past 4 hours, it purchased an additional 50,742.6 ETH for 111.6 million USDT at an execution price of $2,200.
Since March 10, this address has accumulated 86,300 ETH through 4 wallets, with a total expenditure of approximately $185 million and an average holding cost of approximately $2,152.
#Gate13周年全球庆典 $ETH
ETH0,85%
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Hyperliquid Top Trader's High Sell, Low Buy Operations:
Early yesterday morning, when ETH price was at $2,361, this whale closed out 40,000 ETH longs and locked in a $14.8 million profit.
This evening, as ETH pulled back to around $2,240, he bought back all 40,000 ETH longs again.
Currently, his long position has returned to a $320 million scale: holding 120,000 ETH + 700 BTC.
$ETH #Gate13周年全球庆典
ETH0,85%
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Bitcoin and Ethereum's largest treasury companies' purchases last week:
◎Bitcoin Treasury Company Strategy (MSTR) purchased 22,337 $BTC ($1.568 billion) at approximately $70,194 per unit last week.
They now hold a total of 761,068 BTC ($55.962 billion), with an average cost of $75,696 and unrealized losses of $1.648 billion.
◎Ethereum Treasury Company Bitmine (BMNR) purchased 60,999 $ETH ($129 million) at approximately $2,112 per unit last week.
They now hold a total of 4,595,562 ETH ($10.464 billion), with an average cost of $3,714 and unrealized losses of $6.604 billion.
#比特币站上7.5万美元 #加密市场
BTC0,55%
ETH0,85%
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🔥 AI Agent + Lobster Token | Web3 New Narrative Explosion
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龙虾-16,88%
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Participate in horse racing betting, complete tasks to earn horse racing tickets, and enjoy a million red envelope rain daily, sharing a prize pool of 100,000 USDT at the Gate 2026 Spring Festival Celebration. https://www.gate.com/competition/year-of-horse-2026?ref_type=165&utm_cmp=7EQB9Jba&ref=IBTXCCEN
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Participate in horse racing betting, complete tasks to earn horse racing tickets, and enjoy a million red envelope rain daily, sharing a prize pool of 100,000 USDT at the Gate 2026 Spring Festival Celebration. https://www.gate.com/competition/year-of-horse-2026?ref_type=165&utm_cmp=7EQB9Jba&ref=IBTXCCEN
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Participate in horse racing betting, complete tasks to earn horse racing tickets, and enjoy a million red envelope rain daily, sharing a prize pool of 100,000 USDT at the Gate 2026 Spring Festival Celebration. https://www.gate.com/competition/year-of-horse-2026?ref_type=165&utm_cmp=7EQB9Jba&ref=IBTXCCEN
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Participate in horse racing betting, complete tasks to earn horse racing tickets, and enjoy a million red envelope rain daily, sharing a prize pool of 100,000 USDT at the Gate 2026 Spring Festival Celebration. https://www.gate.com/competition/year-of-horse-2026?ref_type=165&utm_cmp=7EQB9Jba&ref=IBTXCCEN
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$W$ Loan Assistance! The current Annual Percentage Rate for Simple Earn is 237.77%, and the borrowing ratio has reached 99.34%. Quickly enter Simple Earn and invest your idle W! https://www.gate.com/lend-earn/lend?asset=W
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[The user has shared his/her trading data. Go to the App to view more.]
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[The user has shared his/her trading data. Go to the App to view more.]
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