Ethereum Whale Alert! 🐳 46K ETH Grabbed!

Right then, listen up! This Trend Research lot – a truly sneaky bunch, you see – have gone and hoovered up a gigantic 46,379 of those Ether doodads! Yes, 46,379! That brings their total stash to a whopping 580,000 ETH. It’s rather shocking, isn’t it? More than most of those terribly public Ethereum piggy banks people like to boast about. šŸ™„

Only two companies, SharpLink Gaming and BitMine Immersion Technologies (honestly, the names!), have bigger collections of the stuff. They’ve got 859,853 and a positively ridiculous 4,066,062 Ether respectively. BitMine… honestly, it sounds like a villain from a comic book. 😈

Now, Trend Research isn’t one of those companies that shout about things. They prefer to slither about quietly, accumulating wealth like a particularly greedy dragon. But people are noticing. Oh yes, they’re noticing. šŸ‘€

Turns out, this Trend Research is linked to a chap called Jack Yi, the boss of LD Capital. He’s been hoovering up Ether for ages – since October, if you please! And get this… he says they’re preparing to splash out another billion dollars on the things! He even told everyone not to sell. Can you imagine the cheek?! 😤

All this sneaky buying is making things a bit… concentrated, shall we say. It’s like one enormous elephant sitting on the Ether market. 🐘 And the market, well, it’s feeling a little wobbly at the knees at the moment.

This Lacie Zhang from Bitget Wallet (a very clever woman, apparently) says companies are buying Ether when things are gloomy to turn their silly money into something ā€œproductive.ā€ Basically, they want to boss the network around. Ah, the joys of being a corporate villain! šŸ˜‚

BitMine’s Seriously Silly Scheme

BitMine, those Ether-collecting fiends, have announced they’ve got over 4 million Ether! That’s more than 3.3% of all the Ether in existence. They’re aiming for 5%! Five percent, I tell you! It’s utterly bonkers! 🤪

They plan to ā€˜stake’ it – which basically means locking it away to help run the Ethereum system and get rewards. All part of their scheme to become the biggest, baddest boss of the Ethereum network. They want to ‘dominate’ it. Honestly, the ego on these people!

Apparently, this ā€˜staking’ thing is a real money-spinner for them. They reckon even if the price of Ether goes down, they’ll still make a profit. It’s like magic… or, rather, very clever number crunching. šŸ§™

ETHZilla and the Slightly Sad Sellers

But not everyone is buying! ETHZilla, a company with a name that sounds suspiciously like a monster, sold 24,291 Ether to pay off some debts. Pooh! And FG Nexus is selling too, to buy back their own shares. A bit of financial fiddling, you see. 🤷

Lacie Zhang says this selling-off is just these companies tidying up their accounts. But for the big buyers, it’s a golden opportunity! They love it when others are in a pickle, because they can swoop in and grab all the goodies. It’s a ‘transfer of wealth,’ she says. A rather nasty thought, isn’t it? 😈

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2025-12-24 13:01