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A major ETH holder just accumulated another 12,000 $ETH worth $39.98M in the past couple hours. This whale has been quite active since late June 2025—he withdrew a massive 116,000 $ETH ($364M) from a major exchange at an average price of $3,138, then turned around and deposited 35,021 $ETH ($141.3M) back in at $4,035. The spread between his buy and sell prices suggests sophisticated timing. Today he's sitting on 80,979 $ETH, currently valued around $270M. His recent buying spree indicates he's betting on near-term momentum or accumulating for a longer hold.