Whale Acquires Massive $7.5 Million Ethereum Through OTC Transaction

A prominent cryptocurrency whale, possibly affiliated with ConsenSys, has made a substantial acquisition of 2,825 ETH via an over-the-counter (OTC) transaction. This purchase, worth approximately $7.48 million, was recorded by BlockBeats and occurred four hours ago. This whale’s activity reflects recent trends as this address has accumulated nearly 160,736 ETH in the past two weeks, amounting to roughly $421 million, with a relatively consistent average purchase price of $2,620 per ETH.