Crypto Whale Gobbles Up $1.34B in Ethereum—Betting Big Before US Inflation Bombshell

Crypto's deep-pocketed players aren't waiting around. A single whale just dropped $1.34 billion on Ethereum—right as Wall Street braces for a potential inflation earthquake.

Why This Matters

When whales move, markets notice. This buy-in—one of the largest single Ethereum accumulations this year—signals heavyweight confidence in ETH's resilience ahead of macroeconomic turbulence. No hedge fund-sized 'diversification' here—just a straight-up bet on crypto's blue-chip altcoin.

The Inflation Wildcard

Tomorrow's US CPI data could send traditional markets into a tailspin. But crypto whales? They're playing a different game. While pension funds panic over 0.1% Fed rate chatter, this buyer clearly thinks Ethereum's deflationary mechanics trump fiat's fragility.

Bonus Cynical Jab

Meanwhile, your bank's 'high-yield' savings account still pays less than an Ethereum gas fee.

TLDR

• A new cryptocurrency whale purchased $1.34 billion worth of Ethereum in just eight days.
• The whale acquired 312,052 Ethereum across ten newly created wallets.
• This purchase exceeded the record $1 billion in daily net inflows to US spot Ether ETFs.
• Analysts believe the accumulation could move Ethereum closer to its all-time high of $4,890.
• Ethereum is currently trading more than 12% below its previous peak.

A newly emerged cryptocurrency whale has bought $1.34 billion worth of Ethereum (ETH) in the past eight days. The accumulation comes ahead of key US inflation reports that may influence the Federal Reserve’s (Fed) next interest rate decision. The purchase has surpassed record inflows into US spot Ether exchange-traded funds.

Whale Buys $1.34B Ethereum Before CPI

The whale secured 312,052 ethereum across ten newly created wallets, according to data from crypto intelligence platform Lookonchain. This buying volume exceeded the $1 billion of Ethereum purchased by US spot Ether ETFs on Monday. That figure marked their largest daily net inflow since launch.

What a crazy accumulation!

This mysterious entity created 10 new wallets in the past 8 days and accumulated 312,052 $ETH($1.34B) from #FalconX, #GalaxyDigital, and #BitGo.https://t.co/1Hk0pVMW6s pic.twitter.com/NTUIpS1QLr

— Lookonchain (@lookonchain) August 12, 2025

Analysts note that this purchase is $300 million higher than the ETF record, suggesting significant market confidence. They say such accumulation could push Ethereum closer to its previous all-time high of $4,890. The current price stands about 12% below that level.

Javier Rodriguez-Alarcón of XBTO stated, “The rally fits within ETH’s typical behaviour and could pause or consolidate without fresh catalysts.” He highlighted that Ethereum’s near-neutral Z-score of –0.06 shows it remains within its normal volatility range. He added that sustained corporate treasury buying may enable Ethereum to test its prior peak.

Market Focus on CPI and PPI Reports

The Consumer Price Index and Producer Price Index reports this week are expected to guide monetary policy expectations. Higher-than-expected inflation could weaken demand for risk assets, including Ethereum, and stall the current rally. These reports will be closely watched ahead of the Federal Reserve’s September 17 meeting.

CME Group’s FedWatch tool shows markets pricing in an 82% chance the Fed will keep interest rates steady. However, short-term Ethereum holders are aggressively taking profits, which may signal an expected pullback. This profit-taking trend adds uncertainty to the near-term price movement.

Nevertheless, analysts suggest continued demand from large-scale buyers could support Ethereum’s upward trajectory. As market conditions remain fluid, attention will center on inflation data and its impact on interest rate expectations. Ethereum’s performance in the coming days may hinge on these critical developments.