A mystery whale now holds 3.08% of all ETH in circulation—that's $11.35 billion worth. Still got $880 million in the tank, gunning for a 5% stake. Last week during Fusaka? Dropped $296 million like it was pocket change. Here's the kicker: exchange supply just hit 8.7%, lowest level since Ethereum launched back in 2015. When someone hoovers up 3 million ETH in just two months, the entire game shifts.
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MEVHunter
· 6h ago
ngl this whale's accumulation pattern screams coordinated protocol exploitation... 3m eth in two months? that's not organic demand, that's someone gaming the mempool hard. exchange supply at 8.7% means liquidity's getting strangled—perfect condition for cascade liquidations if sentiment flips. watched the same playbook on altseason, always ends messy.
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DataOnlooker
· 12-08 00:52
Damn, this whale is really ruthless. They accumulated 3 million ETH in just two months just to pump the price?
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ChainSherlockGirl
· 12-08 00:52
Damn, this whale is really ruthless. Still holding $880M, waiting. Does he really want to push ETH to 5%? From my analysis, this guy is serious.
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ApeShotFirst
· 12-08 00:45
Damn, what exactly is this whale's identity? 1.135 billion and it's still not enough?
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0xOverleveraged
· 12-08 00:29
3 million ETH absorbed in just two months, this whale is really something else...
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MintMaster
· 12-08 00:28
This whale probably wants to swallow the entire Ethereum, it's almost at 5%.
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TommyTeacher
· 12-08 00:27
Damn, where did this whale come from? That's pretty intense.
A mystery whale now holds 3.08% of all ETH in circulation—that's $11.35 billion worth. Still got $880 million in the tank, gunning for a 5% stake. Last week during Fusaka? Dropped $296 million like it was pocket change. Here's the kicker: exchange supply just hit 8.7%, lowest level since Ethereum launched back in 2015. When someone hoovers up 3 million ETH in just two months, the entire game shifts.