Whale Activity: Major Ethereum Purchase Detected

Analysis by BlockBeats suggests that two large Ethereum addresses, possibly belonging to a single entity or institution, have made significant purchases in the last seven hours. These transactions saw a combined investment of 7,448.8 ETH at an average price of $1,604, totaling about $11.95 million. Notably, one of these addresses, identified as 0x790…9729B, transferred 1,000 ETH to Tornado Cash prior to this purchase. This activity has piqued attention within the cryptocurrency community. #ETH