Wallet 0x9EcA Buys 16,658 Ether at $2,279 Average as Buying Continues

A crypto wallet identified as 0x9EcA acquired 16,658 Ether (ETH) at an average price of $2,279, a purchase valued at about $37.96 million. Buying was still underway at the time of the latest on-chain observation.

The reported amount is the size of the purchase batch; $2,279 is its average acquisition price, and about $37.96 million is the value of the USD Coin (USDC) spent. The transaction was denominated in USDC, while ETH was the asset acquired.

Together, those figures put the activity at about $38 million in stablecoin spending for 16,658 ETH.

The batch’s size and average price apply to one wallet’s reported transactions. They do not describe an ETH price level or flow across the broader market. An average price summarizes the batch as a whole and does not mean each ETH was bought for exactly $2,279. The ongoing-buying detail is a separate status from the reported purchase quantity and cost.