Major Ethereum players are once again accumulating following a tumultuous weekend in the 0 $200 million of ETH had been bought in under 24 hours by major wallets and institutional 1 comes after a series of intense leveraged sell-offs which temporarily drove Ethereum up to the $3,500 mark before 2 ETH consolidating around $4,300, early-stage projects like MAGACOIN FINANCE are also drawing investor interest, being rated by analysts as one of the top presales with 100x ROI in 2025 3 Whales Return to Accumulation According to blockchain data, the whale wallets have gone back to accumulating heavily after the recent price 4 Immersion Technologies affirmed that it purchased 202,000 ETH on the weekend, which had a value of approximately $834 million at an average price of $4,154 per 5 acquisition increased the overall holdings of BitMine to $3.03 million ETH, which is roughly 2.5% of the total supply of Ethereum in 6 Lee, the chairman of the company, stated that it bought 202,037 ETH to bring their total to more than $3 million, calling the post-crash period an opportune accumulation period.
A significant wallet bought 7,817 ETH, or approximately $32.5 million, just hours after panic selling during the fall. A different over-the-counter desk was an additional 14,165 ETH purchased using market-making mechanisms valued at approximately $55 7 acquisitions imply that giant buyers still perceive the present range of Ethereum as a long-term entry 8 Stabilizes After Weekend Volatility The fall on Friday-Sunday was attributed to a combination of unwinding of leverage and new macroeconomic tensions between the United States and 9 liquidations were exceeding key exchanges, but the market has since become stable with 10 to CoinGecko data, Ethereum trades near $4,003, down about 3.1% in the last 24 hours.
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