📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
In the ever-changing world of cryptocurrency, the movements of large investors often create significant waves. Recently, a mysterious cryptocurrency whale accumulated 128,204 Ethereum (ETH) in just three days, with a total value of up to $464.5 million. This action immediately sparked widespread discussion throughout the entire crypto community.
The actions of this investor can be described as precise and swift. First, they established a wallet through the BitGo platform to prepare for large-scale purchases. Within the following 20 hours, they received 27,073 ETH from multiple institutional trading platforms, worth approximately 97.62 million USD. Over the 3-day trading period, the investor systematically collected ETH using well-known platforms such as FalconX, Galaxy Digital, and BitGo, demonstrating a sophisticated investment strategy.
This series of large transactions has had a significant impact on the cryptocurrency market. In the short term, market sentiment has clearly risen, and the price of ETH may see a slight increase. This large-scale buying behavior conveys confidence in the future development of ETH to the market, potentially attracting more investors to enter, thereby driving up prices.
However, for ordinary investors, following the investment strategies of large players is not always a wise choice. The high volatility of the cryptocurrency market means that risks and opportunities coexist. The behavior of large players may be based on long-term strategic considerations rather than short-term speculation, so small investors need to be cautious when making investment decisions and fully consider their own risk tolerance and investment goals.
In any case, this incident once again proves the vitality and unpredictability of the cryptocurrency market. It not only reflects the confidence of large investors in Ethereum but also injects new momentum into the market. As time goes on, the true impact of this large-scale buying will gradually become apparent, and market participants will closely monitor subsequent developments.