In a surprising improvement, a mysterious Ethereum whale has raked in $1.52 million in unrealized income with a 30,000 ETH buy. As reported by Lookonchain earlier at the moment, the savvy dealer spent $75.39 million to accumulate these 30k ETH tokens by way of an over-the-counter (OTC) deal. While the acquisition was made reportedly at a median value of $2,513 per token, it’s now valued at a complete of $76.91 million as the ETH value rose to $2,594.
Ethereum Whale Gains $1.52M by way of 30K ETH Purchase
According to data revealed by Lookonchain, an Ethereum whale has made an enormous buy of 30,000 ETH, spending $75.39. With a big hike in the ETH value, the whale gained a staggering revenue of $1.52 million. Though ETH surged to a three-day excessive of $2,594, it quickly plunged to $2,554.
Significantly, this Ethereum whale has a confirmed observe file of savvy trades, implementing strategic buy-low, sell-high strategies. Just 4 days earlier than, the whale offered 30,000 ETH for $78.63 million, securing a considerable 43.2% achieve of $23.73 million in a mere 25 days. While giant OTC transactions point out sturdy bullish sentiment, this transfer has been deemed a optimistic indicator for the ETH value.
Notably, the Ethereum whale’s acquisition of 30k ETH on May 26, 2025, occurred throughout a interval of heightened market volatility. This implies that the investor was positioning for an anticipated bullish surge.
ETH Price Surges 42% in a Month
At press time, ETH is valued at $2,567, marking a marginal 2.54% in a day. At the identical time, the ETH value has gained an enormous 42% in a month and 5% in every week. Despite these important value actions and Ethereum whale strikes, the merchants’ sentiment stays impartial, marked by a negligible 2.7% hike in its buying and selling quantity, presently at $12.69 billion.
However, merchants and analysts stay optimistic in regards to the ETH value’s potential surge. According to market professional Crypto GEMs, the subsequent goal for Ethereum is presumably $3,500. At the identical time, analysts like Crypto Fella predict that the cryptocurrency will attain a brand new all-time excessive of $5000 this 12 months. As per CoinGape’s Ethereum value prediction, the ETH price will hit a staggering high of $11,340 if Bitcoin surges previous $378,000.
Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of expertise in blockchain, web3, and fintech spheres. She has established herself as a educated and interesting voice in the cryptocurrency and blockchain house. Her expertise as an Assistant Professor in English Language and Literature has additional added to her quest for crafting informative, well-researched, and accessible content material.
Disclaimer: The introduced content material could embody the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any accountability on your private monetary loss.
