Ethereum Whale Buy: One Whale or Two, Reports Differ

U.Today and Cryptonews.com disagree over whether a second ETH purchase of 16,658 ETH was made by the same whale behind the $62.97M buy, or by a separate, identified wallet.

U.Today and Cryptonews.com disagree over whether a second ETH purchase of 16,658 ETH was made by the same whale behind the $62.97M buy, or by a separate, identified wallet.

What all sources agree on

• A whale purchased 27,553 ETH for $62.97 million.
• The average purchase price for this transaction was $2,286.
• The transaction occurred over a five-hour period.
• The purchase was reported by on-chain analytics source Lookonchain/@lookonchain.

Where the reports disagree

1Whether the 16,658 ETH purchase was made by the same whale as the 27,553 ETH purchase, or a different one

In the mean time, another whale has shown a similar buying behavior.

U.Today 2026-11-02 08:25

The wallet’s rapid buying spree followed an earlier purchase of 16,658 ETH using nearly $38 million in USDC.

Cryptonews.com 2026-11-02 09:55

What would settle it: On-chain transaction records showing the wallet address(es) involved in both purchases

What to make of it

Treat the 27,553 ETH / $62.97M / $2,286 average / five-hour figures as established across all three reports; whether one whale or two distinct whales were behind the combined roughly $100M in buying has not been settled and shouldn't be treated as fact either way.

Treat the 27,553 ETH / $62.97M / $2,286 average / five-hour figures as established across all three reports; whether one whale or two distinct whales were behind the combined roughly $100M in buying has not been settled and shouldn't be treated as fact either way.

Originally reported by AltcoinGordon, written by Grace Mitchell. Republished with permission.

View the original on AltcoinGordon →

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