Ethereum

Arkham

Livepeer

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 An unknown cryptocurrency whale has amassed over 64,000 Ethereum (ETH) in just 11 days, according to on-chain data.
 Blockchain-tracking service Lookonchain notes that since February 8th, an anonymous whale has acquired 64,346 ETH worth $178.9 million from both centralized and decentralized crypto exchanges.
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 Blockchain explorer Etherscan shows that the whale initially accumulated 1,100 ETH on February 8th prior to adding 9,959 ETH worth $24.67 million from crypto exchange Binance a few days later.
 The deep-pocketed investor subsequently spent $60 million worth of the dollar-pegged stablecoin USDT to acquire 21,353 ETH at $2,810. After the large purchase, Lookonchain says the whale withdrew 10,649 ETH worth $30.68 million from Binance.
 Yesterday, the crypto whale added to his already large Ethereum stack by withdrawing 11,587 ETH worth $33.5 million from Binance.
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 Ethereum is trading at $2,920 at time of writing.
 Per crypto analytics platform Arkham Intelligence, the whale currently holds a total of 74,383 ETH worth $217.57 million at time of writing. The whale also holds 5,491 Staked Ethereum (STETH) worth $16.02 million on the decentralized finance protocol Lido (LDO).
 In addition, the investor with deep pockets owns approximately $29.9 million worth of USDT. The total value of the crypto assets in the whale’s wallet at the time of writing is a little over $263 million.
 Meanwhile, Lookonchain finds that a different whale has unloaded a significant quantity of the native token of the video infrastructure network Livepeer (LPT).
 “With the price of LPT hitting highs, the whale deposited all 148,215 LPT ($2.96 million) to Binance to sell for profit.”
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" class="css-9pa8cd" draggable="true" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GGq8WhHaIAAlM7t?format=jpg&amp;name=4096x4096" alt="Image" width="2724" height="1142">
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 Source: Lookonchain/X
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 The whale had earlier sold some of its LPT on the MEXC crypto exchange while withdrawing a portion.
 “A whale sold 35,000 LPT ($630,000) on MEXC for profit.
 This whale deposited 100,000 LPT to MEXC and subsequently withdrew 65,000 LPT, possibly selling 35,000 LPT.
 The whale [held] 212,371 LPT ($3.93 million), and the total profit on LPT exceeds $3.5 million.”
 <figure style="width: 100%" class="wp-caption aligncenter"><img loading="lazy" decoding="async" class="css-9pa8cd" draggable="true" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GGlx5_4bAAA8B3c?format=jpg&amp;name=4096x4096" alt="Image" width="2726" height="1138">
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 Source: Lookonchain/X
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 LPT is trading at $16.19 at time of writing.
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/whale-accumulates-over-178-900-000-in-ethereum-eth-in-less-than-two-weeks-lookonchain-tbt80308.html">https://thebittimes.com/whale-accumulates-over-178-900-000-in-ethereum-eth-in-less-than-two-weeks-lookonchain-tbt80308.html</a>

Whale Accumulates Over $178,900,000 in Ethereum (ETH) in Less Than Two Weeks: Lookonchain

TheBitTimes

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