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This giant whale is hoarding a large amount of BTC and ETH!

2026-07-31 00:34:11
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The giant whale on the chain quietly opened a position: it spent US$184 million to buy BTC and ETH within 30 days

According to on-chain data monitoring, a large address marked as 0x2684 has continued to buy Bitcoin and Ethereum in the past 30 days, with a cumulative deployment of US$184.1 million, making it one of the most watched crypto asset holders in recent times.

BTC and ETH have invested a total of US$184 million.

Monitoring data shows that the wallet has purchased a total of 1050 WBTC and 66,345.5 ETH in the past 30 days, with a total investment of approximately US$184.1 million. Among them, the average entry price for WBTC is US$64277, and the average cost for ETH is US$1758. At current prices, the address has a floating profit of approximately $10.8 million.

The scale of this position opening is consistent with previously monitored activities. Since June 30, address 0x2684 has purchased a total of 54449 ETH (approximately US$94 million), with an average price of US$1726; at the same time, 600 WBTC (approximately US$38.37 million), with an average price of US$63950. The latest data shows that buying behavior at this address has not stopped at the initial window, but continues to expand.

High-belief layout: Systematic buying rather than short-term speculation

From the perspective of position building model, this is more like a carefully thought-out long-term layout than an opportunistic trading. Large-scale withdrawals from exchanges usually mean reducing spot selling pressure and often reflect the long-term confidence of institutional investors. The address seems to have been laid out in advance before the prices of the two major assets strengthened, and positions have been continuously and steadily established rather than chasing market heat.

The activity of the wallet further confirms the continued demand for core liquid assets from large holders. Whether the address 0x2684 represents a single institution, fund or a coordinated account group has not yet been confirmed. But the chain record clearly shows that this is a patient and systematic buyer who is deploying funds to BTC and ETH on a considerable scale.

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