Data: Several on-chain addresses have accumulated a total of 391,000 ETH this week, worth approximately $1.4 billion.
BlockBeats News, July 20th, according to EmberCN's statistics, this week, driven by massive net inflows into Ethereum ETFs, a US stock company's ETH treasury plan, and other "aggressive accumulation" initiatives, the price of ETH has risen from $3,000 to break through $3,600. Some on-chain addresses have been observed this week accumulating up to 391,000 ETH through various channels, worth approximately $1.4 billion:
The "ETH version of MicroStrategy," SharpLink Gaming, purchased 88,800 ETH this week, worth $293 million, at an average price of $3,305, bringing its total ETH reserve to 358,000;
A whale accumulated 122,691 ETH through FalconX, worth $442 million, at an average price of $3,213;
A whale accumulated 103,274 ETH through Kraken, worth $374 million, at an average price of $2,885;
A whale accumulated 47,121 ETH through FalconX, worth $169 million, at an average price of $3,545;
A whale used 64.04 million USDT on-chain to purchase 18,557 ETH, at an average price of $3,451;
A whale used 36.6 million USDT to purchase 10,882 ETH, at an average price of $3,363.
You may also like

Yang Ge Gary: Agent Economics and AI Microeconomics

Founder of Baixing.com: My Experience with Claude Code in Fourteen Points

How Could the SpaceX IPO Affect Bitcoin, Altcoins season, and Crypto Liquidity?

RootData: May 2026 Cryptocurrency Exchange Transparency Research Report

Should we escape the peak? The principle of the tail-end market in the stock market

Morning News | Five major virtual asset platforms in South Korea have experienced 57 incidents of hacking and system failures in six years; Grayscale submits registration application for Canton ETF

The ambitions of Kalshi, MTS, and a16z

The AI bubble is bursting

Real withdrawal is to release water: When crypto VCs position themselves in the Agent network effect

Has the narrative of BTC as "digital gold" failed?

A Perspective on the Indian Cryptocurrency Market: Descending into Silence or Moving Towards Maturity?

It took me a year to see the painful truth about Agent payments

Morning News | Bitmine issues preferred shares to raise $300 million; Polymarket accuses Kalshi of industrial espionage

Privacy coin trust crisis! ZEC plummets over 56% in a single day

Who is leading the price discovery in the cryptocurrency market? Measured delays on platforms like Binance and Hyperliquid

Anthropic launches IPO: Business miracle or valuation bubble?

What Is SpaceX IPO and Why Is Everyone Talking About It?


