Anonymous Whale Accumulates $227M in Ethereum, Stakes Majority

BitcoinWorld Anonymous Whale Accumulates $227M in Ethereum, Stakes Majority An anonymous cryptocurrency whale has accumulated approximately 121,000 Ether (ETH), valued at around $227 million, over the past month, according to blockchain tracking service Onchain Lens.

The address, which remains unidentified, has been steadily purchasing ETH and moving the funds to a self-custody wallet, with a significant portion now staked.

Recent Withdrawal and Accumulation Pattern On the latest reported transaction, the whale withdrew another 9,000 ETH, worth roughly $16.87 million, from the Gemini exchange.

This withdrawal is part of a broader pattern observed by analysts, where the address has consistently moved large sums off centralized exchanges into private custody.