Recently, blockchain data monitoring showed that a large investor made significant purchases of Ethereum through multiple channels in just 4 days. This investor used 6 different addresses to acquire a total of 171,015 ETH, which is approximately 670 million dollars at the current market price.

It is worth noting that in just the last hour, the investor has increased their holdings by 23,424 ETH, worth approximately 91.65 million USD. This series of transactions has attracted widespread attention in the market.

According to reports, these ETH transactions all originate from an address that starts with 0x0c3 and ends with 40e, which was created through the well-known cryptocurrency custody service provider BitGo. The purchasing channels include several institutional trading platforms such as FalconX, Galaxy Digital, and BitGo, indicating strong interest from institutional investors in Ethereum.

Data also shows that the average purchase price for this batch of ETH was $3669. Such large-scale institutional buying behavior not only reflects the market's optimism about Ethereum but may also have a significant impact on the short-term price trend of ETH.

This event again highlights the important role of large investors in the cryptocurrency market, while also reflecting that institutional investors are accelerating their entry into this emerging asset class. With more institutional funds flowing in, the landscape of the cryptocurrency market may undergo further changes.