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Wallet 0x9EcA Buys 16,658 Ether (ETH) Worth $37.96 Million

The purchase took place over two hours. An earlier weeklong accumulation by Ethereum whales totaled 60,000 ETH, worth about $162 million.

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Silver tokens fill a precision counting tray / TokenPost.ai (macro)
Silver tokens fill a precision counting tray / TokenPost.ai (macro)

Wallet 0x9EcA bought 16,658 Ether (ETH) worth $37.96 million in a two-hour period.

Ethereum is a network for decentralized applications and smart contracts, while Ether is its cryptocurrency. In an earlier episode, Ethereum whales accumulated 60,000 ETH over one week, worth about $162 million, amid bearish social media sentiment about Ether.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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