📢 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
Recently, the Ethereum (ETH) market has welcomed a surge of institutional Whale investments, attracting widespread attention in the crypto world. Several large investors have significantly increased their holdings of ETH in a short period, demonstrating strong confidence in this digital asset.
According to market data, since the beginning of August, several well-known investment addresses have frequently conducted ETH transactions. Among them, an address named nemorino.eth purchased 4,520 ETH in a single day at an average price of $1,576. Another investor, who previously profited over $70 million in ETH trading, has also returned to the market, transferring a large amount of USDT to Wintermute and exchanging approximately 20,000 ETH, with a transaction amount close to $75 million.
More notably, within 12 hours on August 4th, two large investment addresses increased their holdings by a total of 7,591 ETH, worth over $16.7 million. Among them, the address redbase.eth purchased 6,100 ETH at an average price of $2,200, while the other address 0x42a...C42f8 withdrew 1,491 ETH from Binance and has accumulated a total of 4,505 ETH in the past 5 days.
Behind this series of large-scale accumulation behaviors lies an optimistic attitude of investors towards the future development prospects of Ethereum. As the world's second-largest crypto asset, Ethereum has a strong technological foundation and a wide application ecosystem. From decentralized finance (DeFi) to non-fungible tokens (NFT), Ethereum plays a key role in multiple innovative fields.
Analysts point out that institutional Whales are making large purchases of ETH at this time, possibly based on their judgment of the macroeconomic environment and market trends. They may believe that the current ETH price has upward potential, and thus choose to strategically position themselves at this moment. This investment behavior not only demonstrates market participants' long-term confidence in Ethereum but may also have a positive impact on ETH prices.
With the continuous influx of institutional funds, the development prospects of the Ethereum ecosystem seem brighter. However, investors still need to be cautious, closely follow market trends and potential risks, and make rational investment decisions.