Data: Several on-chain addresses have accumulated a total of 391,000 ETH this week, worth approximately $1.4 billion.

By: theblockbeats.news|2025/07/20 10:52:06

BlockBeats News, July 20th, according to EmberCN's statistics, this week, driven by massive net inflows into Ethereum ETFs, a US stock company's ETH treasury plan, and other "aggressive accumulation" initiatives, the price of ETH has risen from $3,000 to break through $3,600. Some on-chain addresses have been observed this week accumulating up to 391,000 ETH through various channels, worth approximately $1.4 billion:

The "ETH version of MicroStrategy," SharpLink Gaming, purchased 88,800 ETH this week, worth $293 million, at an average price of $3,305, bringing its total ETH reserve to 358,000;

A whale accumulated 122,691 ETH through FalconX, worth $442 million, at an average price of $3,213;

A whale accumulated 103,274 ETH through Kraken, worth $374 million, at an average price of $2,885;

A whale accumulated 47,121 ETH through FalconX, worth $169 million, at an average price of $3,545;

A whale used 64.04 million USDT on-chain to purchase 18,557 ETH, at an average price of $3,451;

A whale used 36.6 million USDT to purchase 10,882 ETH, at an average price of $3,363.

-- Price

In three weeks, Drift, Hyperbridge, and KelpDAO were consecutively hacked, resulting in nearly $900 million in losses. Polygon's CEO wrote that the problem lies not with any single team, but with the "notary" style architecture shared by the entire industry—relying on one or two signers to stamp cro...

Major Upgrade on Web: 10+ Advanced Chart Styles for Deeper Market Insights

To deliver more powerful and professional analysis tools, WEEX has rolled out a major upgrade to its web trading charts—now supporting up to 14 advanced chart styles.

Morning Report | Aethir secures a $260 million enterprise contract with Axe Compute; New Fire Technology acquires Avenir Group's trading team; Polymarket's trading volume surpassed by Kalshi

Overview of Important Market Events on April 23

Why a Million-Follower Crypto KOL Chooses WEEX VIP?

Discover why top crypto KOL Carl Moon partnered with WEEX. Explore the WEEX VIP ecosystem, 1,000 BTC protection fund, and exclusive rewards for serious traders.

CoinEx Founder: The Crypto Endgame in My Eyes

The industry will not disappear, but it will shrink significantly.

Spark Coin (SPK): Explodes 73% as Aave Bleeds $15B, A Good Investment Now?

Spark coin (SPK) surged 73% as $15 billion fled Aave after the KelpDAO hack. This article explains what Spark is, why it’s pumping, and whether it is a good investment right now.

As Aave's building collapses, Spark's high-rise is rising

The growth of Spark's TVL is essentially a redistribution of existing capital in DeFi among protocols, rather than new capital entering the market. The "cake" of the entire industry has shrunk in the short term, and no one can remain unaffected.

RootData: Q1 2026 Cryptocurrency Exchange Transparency Research Report

In this report, Binance continues to rank first with the highest trading volume and wealth potential, while OKX has risen to second place as one of the few exchanges with an increase in trading volume this month.

What Is Memecoin Trading? A Beginner's Guide to How It Works, the Risks, and 2026's Hottest Tokens

Memecoins surged 30%+ at the start of 2026 while Bitcoin was flat. RAVE spiked 4,500% then crashed 90% in days. MAGA jumped 350% overnight. This guide explains exactly how memecoin trading works — and how to not blow up your account doing it.