Anonymous cryptocurrency acquires Ethereum for $ 1 billion

An unknown organization has been aggressively buying up ethereum over the past week ETH $4,327.97 Bridged Ether (StarkGate) -0.81% Market capitalization $0.1 billion VOL. 24 hours $1.57 billion - an anonymous company has purchased 221,166 ETH ($ 948 617 159 at the rate of 11.08.2025 — ed.) amid a 21% increase in the asset’s price. In the last day alone, it has invested $ 212 million in ETH, according to Lookonchain analysts.

According to the tracker, the buyer uses six different wallets, receiving coins through Galaxy Digital, FalconX, and BitGo. The largest wallet contains $ 181 million worth of ETH, while the smallest wallet contains $ 128 million. This comes as the number of addresses with more than 10,000 ETH has reached 868,886, the highest for the year, according to Glassnode.

On Monday, Ethereum’s market capitalization increased to $ 523 billion, surpassing Mastercard ($ 519 billion), thanks to ETH’s seven-day growth of 21% and breaking through the $ 4,000 mark. At the time of publication, ETH was trading at $ 4,332. Public companies alone added more than 304,000 ETH ($ 1.3 billion) to their coffers over the week, with BitMine Immersion Technologies (208,000 ETH, over $ 900 million) and SharpLink Gaming ($ 303 million) being the largest buyers.

Technical analysts are optimistic, predicting that the price of ETH could reach $ 20,000 in the next 6−8 months. Some even assume further growth above this level based on historical fractals and current dynamics.

At the same time, Ethereum co-founder Бутерін" href="https://noworries.news/biography/vitalij-buterin/" data-bio-id="3642">Vitalik Buterin supported the practice of storing ETH in corporate treasuries, but warned against excessive use of borrowed funds, which could pose risks to the stability of the asset.