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🐋 Mega Whale Accumulates Ethereum Amid Price Dip What’s Going On?
📈 Arkham Intelligence data reveals massive Ethereum (ETH) accumulation by a mega whale, right when the price was pulling back!
🔹 One wallet scooped up US$300 million worth of ETH via an OTC deal through Galaxy Digital on Sunday (Aug 3).
🔹 That address now holds 79,461 ETH valued at approximately US$282.5 million.
📊 Dune Analytics shows a vertical surge in Ethereum ETF holdings up over 40% in the last 30 days.
👑 "Mega whales" are defined as entities holding over 10,000 ETH. Since early July, these whales have added 200+ ETH to their holdings.
📦 Many of these addresses belong to exchanges, large custodians, and ETF-related entities.
🔥 Is this a major accumulation signal ahead of Ethereum’s next rally?
👇 Drop your thoughts in the comments!
#Crypto Market Rebound #SEC Crypto Project