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The Ether Machine Gobbles $56.9M ETH – Now 3rd Largest Ethereum Whale

The Ether Machine Gobbles $56.9M ETH – Now 3rd Largest Ethereum Whale

Published:
2025-08-01 19:07:00
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Move over, institutional investors—a crypto-guzzling machine just joined the big leagues.

The Ether Machine, an automated buying entity of mysterious origin, has vacuumed up enough ETH to become Ethereum's third-largest holder. Its latest $56.9 million purchase sent shockwaves through DeFi circles.

Who’s pulling the strings?

Speculation runs wild: Is this a sovereign wealth fund testing crypto waters? A hedge fund’s algorithmic pet project? Or just another ‘diamond hands’ bot that’ll panic-sell at the first 10% dip? (Wall Street could never.)

One thing’s clear: When machines start accumulating ETH faster than VC-funded startups burn it, the game’s changed. Buckle up.

The Ether Machine Becomes Third Largest Ethereum Holder With $56.9M ETH Buy

|Square

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