An anonymous whale has made a significant purchase of Ethereum (ETH), acquiring 4,943 ETH worth approximately $17.1 million. This transaction was reported by on-chain crypto analyst EmberCN via Twitter. The whale made two separate transactions to complete the purchase, buying the ETH at an average price of $3,459. Interestingly, this is not the first major transaction involving this particular whale. In May of last year, the same whale sold 3,723 ETH for $1,888 per ETH, netting a tidy profit of $30,000. This latest purchase indicates that the whale remains bullish on the long-term prospects of ETH. Despite the recent market volatility, whales continue to accumulate ETH, signaling their confidence in the asset's value.

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