Large Ethereum wallets accumulated ETH despite a 20.5% weekly decline that pushed prices below $1,800. On-chain data tracked by Lookonchain shows some whales executed purchases via direct swaps during the downturn.
The broader accumulation tally includes exchange withdrawals, which do not necessarily represent new buying activity and may reflect custody changes rather than net demand.
Large Wallets Accumulate ETH as Price Drops 20.5% Below $1,800
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