ETH Whale Buying Spree Hits 16,900 ETH

• Whale 0xC9D6 bought another 900 ETH worth $2.13M.
• Total ETH buying since Feb. 15 has reached 16,900 ETH.
• The whale now holds over $4.6M in unrealized profit.

A major Ethereum whale has once again added to his holdings, buying another 900 ETH, worth around $2.13 million, today. The wallet, identified as 0xC9D6, has been steadily accumulating Ethereum since February 15.

This latest purchase adds to a growing trend of large-scale ETH accumulation by the same whale. According to the shared on-chain data, the wallet has now bought a total of 16,900 ETH, valued at around $35.67 million.

ETH Whale Buying Shows Strong Conviction

The average buying price for this whale is reported to be around $2,110 per ETH. With Ethereum trading higher than the whale’s average entry, the wallet is now sitting on an unrealized profit of more than $4.6 million.

This type of ETH whale buying often attracts attention from traders because large wallets can reflect strong confidence in the market. While whale activity does not guarantee future price movement, it can show where big investors are placing their bets.

Ethereum Market Watches Big Wallets

Ethereum remains one of the most closely watched assets in the crypto market. Large purchases like this can increase market interest, especially when they happen over several weeks instead of in one single trade.

For now, wallet 0xC9D6 appears to be holding a strong ETH position. The steady buying since February 15 suggests a long-term strategy rather than short-term speculation.

Investors will now watch whether this whale continues to buy more ETH or starts taking profit as gains grow. Either way, this wallet has already become one of the notable Ethereum accumulation stories in the market.