Ethereum Whale Buy: One Whale or Two, Reports Differ

U.Today and Cryptonews.com disagree over whether a second ETH purchase of 16,658 ETH was made by the same whale behind the $62.97M buy, or by a separate, identified wallet.

U.Today and Cryptonews.com disagree over whether a second ETH purchase of 16,658 ETH was made by the same whale behind the $62.97M buy, or by a separate, identified wallet.

What all sources agree on

• A whale purchased 27,553 ETH for $62.97 million.
• The average purchase price for this transaction was $2,286.
• The transaction occurred over a five-hour period.
• The purchase was reported by on-chain analytics source Lookonchain/@lookonchain.

Where the reports disagree

1Whether the 16,658 ETH purchase was made by the same whale as the 27,553 ETH purchase, or a different one

In the mean time, another whale has shown a similar buying behavior.

U.Today 2026-11-02 08:25

The wallet’s rapid buying spree followed an earlier purchase of 16,658 ETH using nearly $38 million in USDC.

Cryptonews.com 2026-11-02 09:55

What would settle it: On-chain transaction records showing the wallet address(es) involved in both purchases

What to make of it

Treat the 27,553 ETH / $62.97M / $2,286 average / five-hour figures as established across all three reports; whether one whale or two distinct whales were behind the combined roughly $100M in buying has not been settled and shouldn't be treated as fact either way.

Treat the 27,553 ETH / $62.97M / $2,286 average / five-hour figures as established across all three reports; whether one whale or two distinct whales were behind the combined roughly $100M in buying has not been settled and shouldn't be treated as fact either way.