Crypto Whales and Institutions Gobble Up $942,800,000 in Ethereum in Just Two Days: On-Chain Data

Whales and institutions recently acquired Ethereum (ETH) worth nearly a billion dollars, according to on-chain data. Blockchain analytics platform Lookonchain says whales and institutions that include the Ethereum treasury company Bitmine purchased 218,750 ETH worth approximately $942. 8 million earlier this week. “Bitmine bought 69,603 ETH ($300 million) from BitGo and Galaxy Digital source: https://dailyhodl.com/2025/09/06/crypto-whales-and-institutions-gobble-up-942800000-in-ethereum-in-just-two-days-on-chain-data/