Crypto Whale’s Massive Ether Purchase Fuels Speculation Amid Inflation Data

A significant crypto whale has recently made a massive $1.34 billion ETH purchase over the past eight days, exceeding record inflows into U.S. spot Ether exchange-traded funds (ETFs). This unprecedented acquisition has ignited speculation about the token’s price trajectory as investors await key inflation data. According to crypto intelligence platform Lookonchain, the whale acquired 312,052 ETH spread across ten newly created wallets.