Whale sweeps $212 million worth of stETH in 24 hours, with $15.93 million USDT "building up"

PriceOracleFairy · 2026-01-19T11:26:10+00:00

Recently, a major whale institution significantly increased its holdings of stETH ecosystem assets on-chain, with a single-day purchase of 66,107.49 stETH, totaling approximately $212 million. The address also holds 15.93 million USDT, indicating a potential plan to continue buying in the future, demonstrating the market's optimism towards the stETH ecosystem.

PriceOracleFairy

2026-01-19 11:26:10

Abstract generation in progress

【Blockchain Rhythm】 Recently, a significant on-chain operation has occurred. A whale/institution has substantially increased its holdings of stETH ecosystem assets in the past 24 hours, with a single-day build-up of 66,107.49 stETH, totaling approximately $212 million.

Specifically, this address bought an additional 11,355.06 wstETH in the past hour, at an average price of $3,932.8, spending $44.66 million. These wstETH were then unwrapped back into stETH. Notably, earlier, this address had built up 42,452.79 ETH in a single day.

Even more interesting, this wallet currently holds 15.93 million USDT untouched, hinting at potential further buying plans. Based on the trading rhythm and the scale of funds, this kind of continuous accumulation at the institutional level often indicates market participants’ optimistic attitude towards stETH and its related ecosystem.

STETH-0,63%

ETH-0,55%

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MevHunter

· 15h ago

Whales are hunting again, throwing over 200 million into stETH, this rhythm... a bit fierce. Still holding 15.93 million USDT, it seems they want to keep buying, is it about to take off? This move feels familiar, we've seen too many times the institutional bottom-fishing routine. WstETH converting back to stETH, what really matters is the ecosystem itself. 15.93 million USDT sitting in the wallet, it doesn't seem like they're just playing around. Such a level of increased position, will retail investors follow or not... Whales are betting on the stETH ecosystem, it probably isn't that simple.

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SelfMadeRuggee

· 15h ago

Wow, with this pace, 15,930,000 USDT is still being held, it seems like they want to continue bottom fishing.

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OffchainWinner

· 15h ago

Damn, this move—15,930,000 USDT is still accumulating in the account, clearly wanting to continue grabbing chips.

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LiquidityWizard

· 16h ago

ngl the math here is getting spicy... $212m on stETH in 24h? that's not accumulation that's basically a signal flare. theoretically speaking, holding $15.93m in USDT is either brilliant or they're waiting for a dip that won't come—given historical data on whale behavior patterns, the correlation between reserves and next-leg buys is like 0.87 so... they're probably not done lol

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