Ethereum Whale Accumulates $17M in ETH During Market Pullback

A mysterious whale has accumulated 10,800 ETH over the past three days, deploying 17.94 million USDC at an average entry price of $1,661.

The buying activity followed a sharp market decline, during which Ethereum slid to $1,505—its lowest level of the year and the weakest point since early 2025.

Since that drop, Ethereum has seen a modest rebound and is now trading near $1,679 at the time of reporting, reflecting a 1.3% gain over the past 24 hours.

Source: Lookonchain