Whales & institutions have scooped up 1.035M $ETH (~$4.17 B) over the past month, paying an average of $3,546 per coin. This buying spree comes as Ethereum’s price jumped from $2,600 to above $4,000.


One major move saw Binance transfer ETH to market maker Wintermute to help smooth out large trades.


Analyst CryptoMichNL cautions that buying $ETH at these highs is risky, suggesting that investors look at other opportunities within the Ethereum ecosystem instead.


Could this push Ethereum toward its all-time high or are we headed for overextension?

#SEC

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August 09, 2025 at 2:47 PM
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