📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Ethereum Whale afraid of missed gains? "Holding 1 million ETH OG" sold off and bought back ETH after 1 year, currently Holdings 59,718 coins.
Ethereum whale afraid of missing gains? On-chain data shows that an ancient whale holding 1 million ETH, with a cost as low as $0.31, has accelerated its accumulation of Ethereum after a year of dumping, with its current holdings valued at $210 million. (Background: The largest Ethereum holding institution, BitMine (BMNR), has unrealized losses of $190 million, and Tom Lee is bullish, predicting ETH will reach $15,000.) (Context: Bitcoin ETF sees the largest net outflow in six months, with BTC briefly dropping below 112,000 and Ethereum falling below $3,400.) Is there a signal for Ethereum to pump on-chain? According to Ai Yi's monitoring today (4th) around 3:30 PM, the ancient whale with an average holding cost of about $0.31 has, after a year of selling activities, withdrawn 13,600 ETH valued at $47 million from exchanges in the past three weeks. Currently, this whale holds as much as 59,718 ETH on-chain, worth approximately $210 million. It's truly unusual, "ETH ICO 1 million $ETH whale" has actually started buying ETH? This OG, with a cost as low as $0.31 for $ETH, after a year of continuous selling, has surprisingly withdrawn 13,600 ETH ($47 million) from exchanges in the last three weeks, the latest transaction was 15 minutes ago, with an average price of $3,456. It's worth noting that it's been over two years since he last accumulated ETH, and although he also deposited 6,000 ETH to OKX during this time, it was far less than the accumulation amount. Is he worried about missing gains? As of now, he still holds 59,718 ETH on-chain, valued at $210 million. It's truly unusual, "ETH ICO 1 million $ETH whale" has actually started buying ETH? This OG, with a cost as low as $0.31 for $ETH, after a year of continuous selling, has surprisingly withdrawn 13,600 ETH ($47 million) from exchanges in the last three weeks, the latest transaction was 15 minutes ago, with an average price of $3,456. It's worth noting that it's been over two years since he last accumulated ETH, and although he also deposited 6,000 ETH to #OKX... pic.twitter.com/tGM187EUd7 — Ai Yi (@ai_9684xtpa) August 4, 2025 What is the background of this whale? According to public data, this whale emerged from the Ethereum ICO era, holding as much as 1 million ETH, with an average holding cost of only $0.31. In July 2024, this whale initiated selling activities, and by early July this year, it had sold a total of 358,599.97 ETH, valued at up to $897 million, leaving a remaining holding of 23,619 ETH, worth approximately $61.56 million. The community is curious about this, as the current Ethereum price is $3,560, which is relatively high compared to last July. After a significant sell-off, it has accumulated more than 30,000 Ethereum again. Has the whale really realized that it missed out on gains? Another whale increases its position in ETH. Additionally, according to Onchain Lens monitoring, another whale also withdrew 2,850 Ethereum worth $10.09 million from the Kraken exchange around 3 PM today. Currently, this whale's holdings have reached 18,111 ETH, with a total value of $64 million. A whale withdrew 2,850 $ETH worth $10.09M from #Kraken. Currently, the whale holds 18,111 $ETH worth $64M. Address: 0x1c11ba15939e1c16ec7ca1678df6160ea2063bc5 pic.twitter.com/mg0nXpcKgc — Onchain Lens (@OnchainLens) August 4, 2025 Ethereum stands back at $3,500. Perhaps driven by whale buying, Ethereum's price has finally rebounded today, currently reported at $3,559, with a 2.4% increase in the last 24 hours. Ethereum trend. Source: OKX Related reports: Celebrating the 10th anniversary of Ethereum's launch, MEXC launches ETH Launchpad, allowing users to share 100 ETH for as low as 10%. Would Ethereum have almost not been born? Brian Armstrong revealed: He once invited Vitalik to join Coinbase but missed the opportunity due to US visa issues. The largest holder of ETH, yet facing the worst? Bitmine holds 560,000 Ethereum, and its stock price has evaporated 80% in less than a month. This article was first published on BlockTempo, the most influential blockchain news media.