ShapeShift-Associated Whale Adds $5.68M in ETH, Total Holdings Reach 129,667 ETH

A large crypto holder identified as a “ShapeShift-linked whale” has recently increased its Ethereum position, spending $5.68 million in USDC to acquire 2,656 ETH roughly seven hours ago, according to on-chain tracking data.

Following this purchase, the wallet’s total holdings have risen to 129,667 ETH, with an estimated value of approximately $274.78 million.

Source: Onchain Lens