CryptoQuant statistics indicate that the average order size for Ethereum Spot has continued to increase in November, reflecting that dominant funds are positioning themselves in the market amid panic. The address known as the "66,000 Borrowing Coin Whale" has once again increased its holdings by 162.7 million USD from Binance, bringing its total holdings to 432,718 ETH, with a market capitalization of approximately 1.23 billion USD.
At the same time, three whale addresses have accumulated a total of 9,974 ETH, worth approximately 30 million USD, while Tom Lee's Bitmine purchased 17,242 ETH, around 49 million USD. Overall calculations show that during the most severe drop, the whales accumulated a total of 241.8 million USD worth of Ethereum. Such behavior often reflects that high capital threshold groups have viewed the pullback as an opportunity rather than a structural weakness.
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CryptoQuant statistics indicate that the average order size for Ethereum Spot has continued to increase in November, reflecting that dominant funds are positioning themselves in the market amid panic. The address known as the "66,000 Borrowing Coin Whale" has once again increased its holdings by 162.7 million USD from Binance, bringing its total holdings to 432,718 ETH, with a market capitalization of approximately 1.23 billion USD.
At the same time, three whale addresses have accumulated a total of 9,974 ETH, worth approximately 30 million USD, while Tom Lee's Bitmine purchased 17,242 ETH, around 49 million USD. Overall calculations show that during the most severe drop, the whales accumulated a total of 241.8 million USD worth of Ethereum. Such behavior often reflects that high capital threshold groups have viewed the pullback as an opportunity rather than a structural weakness.