Whales are buying ETH like crazy on-chain!
On-chain tracker Lookonchain reports a whale address spent about $37.96M in USDC to buy roughly 16,658 ETH at an average near $2,279 over two hours, and says buying is ongoing. Large single-wallet accumulation can signal strong demand, but it is one address's activity and not confirmed market direction.
Read the full story on Lookonchain