Well, well, well, looks like someone finally decided to get out of bed after 8 YEARS of beauty sleep. Analytics X account Lookonchain just spotted a massive Ethereum whale-yeah, like *big* whale-who’s been snoozing for nearly a decade. And guess what? When he woke up, he found over $4 billion worth of ETH in his wallet. Talk about a *crazy* nap.
And naturally, what does this sleepy billionaire do once he rubs his eyes? He starts moving his precious Ethereum. You’d think he’d maybe stretch, grab a coffee, but no-straight into the action.
The $4.3 Billion Ethereum Awakening
So, this whale got his start in the Ethereum ICO-back when people probably still thought Dogecoin was a joke. He invested just $310,000 across three wallets. Fast forward to now, and that initial investment has ballooned into a wallet holding a cool 1 million ETH, worth approximately $4.3 billion. Yeah, *billion* with a B.
Now, this whale didn’t just wake up and immediately hit the snooze button again. Oh no. He’s clearly got big plans. He transferred 150,000 ETH-worth about $645 million-to a fresh new wallet for staking. What’s the rest of his ETH doing? Who knows, maybe he’s just keeping it in a piggy bank for fun. But we do know he still holds 105,000 ETH, worth $451.5 million, in two other wallets. No biggie, right?
An #Ethereum ICO participant who received 1,000,000 $ETH just woke up after 8 years of dormancy.
He moved 150,000 $ETH($645M) to a new wallet for staking.
He invested $310K in the ICO via 3 wallets and received 1,000,000 $ETH – now worth $4.3B.
After staking 150,000 $ETH, he…
– Lookonchain (@lookonchain) September 5, 2025
Whales Keep Hitting the Ethereum Buy Button
But wait, there’s more! It’s not just this one whale. Oh no, apparently, everyone is buying Ethereum like it’s the hottest thing since sliced bread. In the past two days, whales and institutions have bought up 218,750 ETH-worth a casual $942.8 million. Just pocket change, right?
Among these buyers, we’ve got Bitmine, which is somehow linked to Fundstrat’s Tom Lee, who’s currently having a *major* Ethereum bull moment. Bitmine snatched up 69,603 ETH for around $300 million from BitGo and Galaxy Digital. If that’s not confidence, I don’t know what is.
Whales and institutions bought a massive 218,750 $ETH($942.8M) in the past 2 days.
Bitmine bought 69,603 $ETH($300M) from BitGo and Galaxy Digital.
5 newly created wallets bought 102,455 $ETH($441.6M) from FalconX.
– Lookonchain (@lookonchain) September 5, 2025
And that’s not all! Five brand-new wallets came into play, buying up 102,455 ETH, worth around $441.6 million, from FalconX. It’s like everyone’s got a secret stash of ETH and they’re just waiting for the right moment to pounce.
By the way, Ethereum had a little surge yesterday, climbing 3.55% to hit $4,420. Talk about a hot streak. Looks like everyone’s joining the ETH party, and no one’s bringing the chips. Just pure, unadulterated crypto!
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2025-09-05 11:15