Wallet Accumulates 9.52 Million ETHFI Tokens in $6.99 Million Buy

Address 0xd28…7c1e7 accumulated 9.52 million ETHFI tokens worth about $6.99 million, putting a large wallet’s recent activity in focus for on-chain market watchers.

The wallet withdrew 2.61 million tokens on Sept. 29, then moved another 6.91 million tokens roughly an hour before the update. The 9.52 million-token position had an average withdrawal price of $0.734.

At the time of the update on Sept. 30, the position carried an unrealized gain of approximately $217,000. The activity marked the wallet’s first accumulation in two years.

The movements give ETHFI a fresh on-chain trading point to watch, but the materials do not indicate whether the wallet plans to hold, sell or move the tokens again.