A significant Ethereum transaction by a prominent whale triggered a noticeable surge in trading activity, raising questions about market behavior and the role of large investors. On April 29, 2025, this whale initiated a buying spree for 14,994 ETH at an average price of $1,801, later selling 4,491 ETH for a slight loss, totaling around $27 million. This activity was tracked by Lookonchain and marked a notable event in the Ethereum market. The trading actions led to a 12% surge in trading volumes. While the price of Ethereum remained relatively stable during this period, the whale’s decision to hold a significant amount of ETH (10,503 ETH) amidst these transactions reflects an ongoing commitment to the cryptocurrency.