Data: Several on-chain addresses have accumulated a total of 391,000 ETH this week, worth approximately $1.4 billion.

By: theblockbeats.news|2025/07/20 10:52:06
0
Share
copy

BlockBeats News, July 20th, according to EmberCN's statistics, this week, driven by massive net inflows into Ethereum ETFs, a US stock company's ETH treasury plan, and other "aggressive accumulation" initiatives, the price of ETH has risen from $3,000 to break through $3,600. Some on-chain addresses have been observed this week accumulating up to 391,000 ETH through various channels, worth approximately $1.4 billion:

The "ETH version of MicroStrategy," SharpLink Gaming, purchased 88,800 ETH this week, worth $293 million, at an average price of $3,305, bringing its total ETH reserve to 358,000;

A whale accumulated 122,691 ETH through FalconX, worth $442 million, at an average price of $3,213;

A whale accumulated 103,274 ETH through Kraken, worth $374 million, at an average price of $2,885;

A whale accumulated 47,121 ETH through FalconX, worth $169 million, at an average price of $3,545;

A whale used 64.04 million USDT on-chain to purchase 18,557 ETH, at an average price of $3,451;

A whale used 36.6 million USDT to purchase 10,882 ETH, at an average price of $3,363.

-- Price

--

You may also like

Particle Founder: The entrepreneurial insights I have gained the most from in the past year

Stop lean startup, stop lightning entrepreneurship, and think carefully about what your product aspirations are.

Huang Renxun's latest podcast transcript: The future of Nvidia, the development of embodied intelligence and agents, the explosion of inference demand, and the public relations crisis of artificial intelligence

The competition in the future is not just about whose model is larger or whose computing power is stronger, but also about who understands the industry better, who can embed AI more deeply into real processes, and who can organize these capabilities into a runnable and scalable system.

OKX Ventures Research Report: AI Agent Economic Infrastructure Research Report (Part 1)

The existing infrastructure is hostile to the Agent economy. Agents can think and act independently at the "capability level," but at the "economic level," they are still locked into infrastructure designed for humans.

The migration of settlement rights: B18 and the institutional starting point of on-chain banks

In the traditional system, banks decide the settlement; in the on-chain system, code begins to take over this responsibility.

From Tencent and Circle: Looking at the Simple and Difficult Questions of Investment

The AI narrative continues to ferment, but the recent performance of related stocks varies, with some in the midst of summer and others as if in winter.

The second half of stablecoins no longer belongs to the crypto circle

What Coinbase doesn't want, Mastercard is eager to buy.

Popular coins

Latest Crypto News

Read more