Monitored by Woofun AI, a significant on-chain entity executed a series of large-scale purchases, accumulating 17,800 ETH over a ten-day window. This aggressive accumulation strategy totaled $29.76 million, with the whale securing assets at an average entry price of $1,672.

This sustained buying pressure indicates robust conviction among high-net-worth participants. The recent tranche of 7,000 ETH, valued at $11.816 million, underscores a deliberate approach to building positions amidst current market conditions.