{"id":77224,"date":"2026-03-22T15:01:32","date_gmt":"2026-03-22T15:01:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=77224"},"modified":"2026-03-22T15:01:32","modified_gmt":"2026-03-22T15:01:32","slug":"ethereum-og-whale-returns-to-market-with-19-5m-eth-buy-details","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=77224","title":{"rendered":"Ethereum OG Whale Returns To Market With $19.5M ETH Buy \u2014 Details"},"content":{"rendered":"
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The latest on-chain data shows that a prominent Ethereum whale has returned to the crypto market over the past week, as the ETH price persists above the $2,000 level.<\/p>\n

ETH Whale Held $538M In Crypto In 2022<\/b><\/h2>\n

According to data from Arkham Intelligence<\/a>, an Ethereum OG whale known as thomasg.eth has been on an Ether buying spree (valued at approximately $19.5 million) over the past week. The entity acquired spot Ether, wrapped ETH (WETH), and Aave-deposited ETH across Arkham-tracked wallet addresses, with the latest purchase worth $3 million on Friday, March 20.<\/p>\n

Arkham revealed in its post in X that the whale once held around $538 million in cryptocurrency assets, including Ethereum, Wrapped Bitcoin (WBTC), and DAI at the peak of the market in 2021. However, the large-scale Ethereum investor had reduced their exposure to cryptocurrencies and downsized their portfolio to nearly zero by the middle of 2022.<\/p>\n

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HE ONCE HELD $500M IN CRYPTO \u2013 NOW HE\u2019S BUYING BACK<\/p>\n

Ethereum OG @thomasg_eth<\/a> held $538M in ETH, WBTC and DAI at the top of the market in 2021. Now, he\u2019s buying back. He just bought $3M of ETH, and he\u2019s bought a total of $19.5M this week.<\/p>\n

Ethereum OGs are stacking $ETH<\/a>. pic.twitter.com\/ttWQGweY7m<\/a><\/p>\n

\u2014 Arkham (@arkham) March 21, 2026<\/a><\/p>\n<\/blockquote>\n

Typically, strategic moves like thomasg.eth\u2019s often send shockwaves through the crypto community, considering the holder\u2019s whale status. Nevertheless, this acquisition seems like a sheet out of the \u201cbuy the dip\u201d playbook, with the Ethereum price currently more than 56% down from its all-time high of $4,964.\u00a0<\/p>\n

As of this writing, the price of ETH stands at around $2,153, reflecting no significant movement in the past day. The price action of the second-largest cryptocurrency seems to have improved in the past month, after a dreadful February performance<\/a>, which saw a fall to around $1,800.<\/p>\n

Ethereum Enters Historical Buy Zone \u2014 What Next?<\/b><\/h2>\n

Interestingly, popular crypto analyst Ali Martinez has put forward<\/a> a bullish prognosis for the ETH price over the coming weeks. This optimistic outlook is based on the MVRV Ratio, which compares the coin\u2019s market value to its realized value.<\/p>\n

As highlighted by Martinez, the Ethereum price has witnessed historical rallies after the MVRV Ratio dropped to or below the 0.8 mark. Most recently, the price of ETH surged by 250% after the metric fell to this threshold in April 2025.<\/p>\n

The trend is based on the fact that a low MVRV value indicates that the majority of the market is in a loss<\/a>, measuring how deeply undervalued the asset currently.<\/p>\n

According to the crypto analyst, the ETH MVRV dropped toward this threshold earlier this month, implying that a buy window has opened for the altcoin. This suggests that the price of Ethereum could be on the way back to its former high.<\/p>\n

\"Ethereum\"<\/p>\n

\u00a0<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The latest on-chain data shows that a prominent Ethereum whale has returned to the crypto market over the past week, as the ETH price persists above the $2,000 level. ETH Whale Held $538M In Crypto In 2022 According to data from Arkham Intelligence, an Ethereum OG whale known as thomasg.eth has been on an Ether […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-77224","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/77224","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=77224"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/77224\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=77224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=77224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=77224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}