Major Whales Accumulate 116,522 ETH Worth $229M as Prices Decline

According to Odaily and on-chain data, major whale addresses have recently accumulated a combined 116,522 ETH worth approximately $229 million amid market weakness. The largest single purchase came from Erik Voorhees-linked wallets, which acquired 63,540 ETH at an average price of $1,972 per coin, spending roughly $125.27 million. Other notable accumulations included 7 Siblings purchasing 31,484 ETH at $1,933 average, plus withdrawals from major exchanges by traders @satofishi (10,997 ETH) and @0x58bro (10,501 ETH) at average prices near $1,980.
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