A prominent Ethereum whale has made waves in the crypto market after racking up more than $10 million in unrealised profit in just three days.
On-chain data from Arkham Intelligence shows that the wallet address “0x9684…” purchased 40,335 ETH—valued at roughly $123.3 million—during a fast-paced accumulation spree.
The whale reportedly began buying three days ago, initially acquiring around 23,456 ETH, then topping up with another 16,879 ETH worth about $51 million just hours ago. Altogether, the purchases totalled approximately $111 million.
With Ethereum’s price now hovering near $3,056, the whale’s average buy-in has already yielded an unrealised gain of over $10 million. At the time of writing, ETH is trading around $2,997, having touched highs above $3,079 in the past 24 hours.
Analysts suggest the whale could be positioning for a long-term hold or anticipating a further price rally. Either way, the wallet has become one of the most-watched ETH addresses on the network.
