PANews reported on July 24 that according to on-chain analyst Yu Jin’s monitoring, two whales/institutions that continued to increase their holdings of ETH (suspected to be the main body of the ETH reserve plan) continued to purchase 43,591 ETH (worth 145 million yuan) in the past few hours:
The address 0x8eE...b7d increased its holdings of 32,368 ETH (worth 116 million yuan) through FalconX 6 hours ago. The address has accumulated a total of 138,345 ETH (worth 503 million yuan) since July 19, with an average price of 3,644 US dollars.
The whales/institutions that have been hoarding ETH through Kraken since July 14th purchased another 8,223 ETH (worth 29.4 million yuan) 3 hours ago. Since July 14th, a total of 58,156 ETH (worth 211 million yuan) have been hoarded, with an average price of $3,564.
