Ethereum Whales Make Waves: 113K WETH Transactions Signal Institutional Moves
On-chain analytics firm Santiment recorded about 113,000 wrapped ether whale transactions above $100,000 in a single week, the highest level since May 2021. The activity coincided with accelerating US spot ether ETF inflows and corporate treasury buying, including BitMine's roughly 5.8 million ETH holding.
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