Whale's $6.52 million ETH transfer attracts attention, on-chain holdings surpass $8 million

MevHunter · 2026-01-19T09:20:05+00:00

A major whale has recently been frequently transferring funds, accumulating 2,738 ETH, 37.1 million SKY, and 4,772 AAVE, indicating optimism about these projects. Its capital deployment began 19 days ago, showing a clear outlook for the future market. Large transfers reflect a change in market participants' attitude towards risk assets.

MevHunter

2026-01-19 09:20:05

Abstract generation in progress

On-chain data monitoring shows that a major whale has experienced frequent fund movements over the past week. This week, the wallet has received multiple asset transfers, including 2,218 ETH (calculated at the latest price of $3.21K, approximately $6.52 million), 37.1 million SKY tokens (current price $0.06, worth about $2.36 million), and 4,772 AAVE governance tokens (priced at $163.14, valued at approximately $7.3036 million).

On-chain Wallet Holdings

The ETH holdings of this whale wallet have been steadily increasing. Based on recent on-chain transfer records, the wallet now holds a total of 2,738 ETH, with a total value of about $8.07 million. Notably, these assets are concentrated in ETH, SKY, and AAVE projects, indicating a clear bullish stance of this whale on these ecosystems.

Fund Entry Timeline

From monitoring data, this wallet began its positioning 19 days ago, receiving 519 ETH from an institution at that time (worth $1.62 million). The latest transfer further expanded its ETH position. Continuous accumulation in a short period suggests that this whale has a clear outlook on the market’s future.

This wave of fund movements serves as a reminder for the market to pay attention to large holders’ actions, as large transfers often reflect changes in market participants’ risk asset attitudes.

ETH-3,46%

SKY0,18%

AAVE-6,52%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.