{"id":21457,"date":"2024-05-28T20:01:09","date_gmt":"2024-05-28T17:01:09","guid":{"rendered":"https:\/\/coinengineer.io\/?p=21457"},"modified":"2024-05-28T21:11:57","modified_gmt":"2024-05-28T18:11:57","slug":"ethereum-whale-makes-another-massive-purchase","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/ethereum-whale-makes-another-massive-purchase\/","title":{"rendered":"Ethereum Whale Makes Another Massive Purchase!"},"content":{"rendered":"<p>Cryptocurrency whales have been on a buying spree lately, particularly with Ethereum (ETH). According to data from on-chain analytics platform Lookonchain, a whale made another significant ETH purchase on May 28th.<\/p>\n<p><strong>The Big Whale is Back in Action!<\/strong><\/p>\n<p>This whale has a history of making large ETH purchases. Between October 2nd, 2018, and November 13th, 2022, they accumulated 35,176 ETH, worth $15 million at the time, at a price of $428 per ETH.<\/p>\n<p>However, on October 20th, 2023, they sold all of their <a href=\"https:\/\/coinengineer.net\/blog\/when-will-there-be-final-sec-approval-for-ethereum\/\">ETH<\/a> for $1,610 each, netting a profit of $41.6 million. Despite this seemingly profitable move, the price of ETH surged to $4 shortly after the sale, marking the beginning of a new bull run.<\/p>\n<p><strong>Had the Whale Held&#8230;<\/strong><\/p>\n<p>If the whale had held onto their 2018 ETH purchases, they would currently be sitting on a staggering $122 million profit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency whales have been on a buying spree lately, particularly with Ethereum (ETH). According to data from on-chain analytics platform Lookonchain, a whale made another significant ETH purchase on May 28th. The Big Whale is Back in Action! This whale has a history of making large ETH purchases. Between October 2nd, 2018, and November 13th,<\/p>\n","protected":false},"author":1,"featured_media":9658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[2701,6439,58,105,501,43,6440,954],"class_list":["post-21457","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-bull-run","tag-buy","tag-cryptocurrency","tag-ethereum","tag-investment","tag-price","tag-sell","tag-whale"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ethereum Whale Makes Another Massive Purchase! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"According to data from on-chain analytics platform Lookonchain, a whale made another significant ETH purchase on May 28th.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/ethereum-whale-makes-another-massive-purchase\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Whale Makes Another Massive Purchase! - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"According to data from on-chain analytics platform Lookonchain, a whale made another significant ETH purchase on May 28th.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/ethereum-whale-makes-another-massive-purchase\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-28T17:01:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-28T18:11:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Ethereum.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"768\" \/>\n\t<meta property=\"og:image:height\" content=\"401\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/ethereum-whale-makes-another-massive-purchase\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/ethereum-whale-makes-another-massive-purchase\/\",\"name\":\"Ethereum Whale Makes Another Massive Purchase! - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/ethereum-whale-makes-another-massive-purchase\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/ethereum-whale-makes-another-massive-purchase\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Ethereum.jpeg\",\"datePublished\":\"2024-05-28T17:01:09+00:00\",\"dateModified\":\"2024-05-28T18:11:57+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/70674da64ef7457ff399f5f51be296e2\"},\"description\":\"According to data from on-chain analytics platform Lookonchain, a whale made another significant ETH purchase on May 28th.\",\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/ethereum-whale-makes-another-massive-purchase\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/ethereum-whale-makes-another-massive-purchase\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/ethereum-whale-makes-another-massive-purchase\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Ethereum.jpeg\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Ethereum.jpeg\",\"width\":768,\"height\":401,\"caption\":\"Ethereum\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/ethereum-whale-makes-another-massive-purchase\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ethereum Whale Makes Another Massive Purchase!\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/70674da64ef7457ff399f5f51be296e2\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/47d8a8204de9104b7e21c9124ecff87e02940cf67e2cf7122f4a02f1445ae66b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/47d8a8204de9104b7e21c9124ecff87e02940cf67e2cf7122f4a02f1445ae66b?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\/\/coinengineer.net\/\"],\"url\":\"https:\/\/coinengineer.net\/blog\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ethereum Whale Makes Another Massive Purchase! - Coin Engineer","description":"According to data from on-chain analytics platform Lookonchain, a whale made another significant ETH purchase on May 28th.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/ethereum-whale-makes-another-massive-purchase\/","og_locale":"en_US","og_type":"article","og_title":"Ethereum Whale Makes Another Massive Purchase! - Coin Engineer","og_description":"According to data from on-chain analytics platform Lookonchain, a whale made another significant ETH purchase on May 28th.","og_url":"https:\/\/coinengineer.net\/blog\/ethereum-whale-makes-another-massive-purchase\/","og_site_name":"Coin Engineer","article_published_time":"2024-05-28T17:01:09+00:00","article_modified_time":"2024-05-28T18:11:57+00:00","og_image":[{"width":768,"height":401,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Ethereum.jpeg","type":"image\/jpeg"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/ethereum-whale-makes-another-massive-purchase\/","url":"https:\/\/coinengineer.net\/blog\/ethereum-whale-makes-another-massive-purchase\/","name":"Ethereum Whale Makes Another Massive Purchase! - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/ethereum-whale-makes-another-massive-purchase\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/ethereum-whale-makes-another-massive-purchase\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Ethereum.jpeg","datePublished":"2024-05-28T17:01:09+00:00","dateModified":"2024-05-28T18:11:57+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/70674da64ef7457ff399f5f51be296e2"},"description":"According to data from on-chain analytics platform Lookonchain, a whale made another significant ETH purchase on May 28th.","breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/ethereum-whale-makes-another-massive-purchase\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/ethereum-whale-makes-another-massive-purchase\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/ethereum-whale-makes-another-massive-purchase\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Ethereum.jpeg","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Ethereum.jpeg","width":768,"height":401,"caption":"Ethereum"},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/ethereum-whale-makes-another-massive-purchase\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"Ethereum Whale Makes Another Massive Purchase!"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/70674da64ef7457ff399f5f51be296e2","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/47d8a8204de9104b7e21c9124ecff87e02940cf67e2cf7122f4a02f1445ae66b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/47d8a8204de9104b7e21c9124ecff87e02940cf67e2cf7122f4a02f1445ae66b?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/coinengineer.net\/"],"url":"https:\/\/coinengineer.net\/blog\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/21457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=21457"}],"version-history":[{"count":1,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/21457\/revisions"}],"predecessor-version":[{"id":21458,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/21457\/revisions\/21458"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/9658"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=21457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=21457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=21457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}