Ethereum Whales Add $1 Billion in ETH in a Single Day As Rapid Accumulation Continues

The largest whales on the Ethereum ($ETH) network have added over $1 billion worth of the second-largest cryptocurrency by market capitalization in a single day as they continue “rapidly” accumulating the cryptocurrency after its price dropped significantly.

According to on-chain analytics firm Santiment, whales with between 10,000 and 1 million $ETH have added a total of 947,940 tokens to their wallets in a single day, meaning their accumulation topped $1 billion in just 24 hours.

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