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Lookonchain Reports ETH Purchases and Exchange Withdrawals by Large Holders

Originally reported by PANews on November 15, 2026, at 09:23 (UTC+8). Citing Lookonchain, PANews reported large ETH transactions amid what it described as a market crash. The notice did not provide a broader price or liquidity measure for that description.

  • A wallet associated with Erik Voorhees bought 63,540 ETH for $125.27 million, at a reported average price of $1,972.
  • “7 Siblings” bought 31,484 ETH for $60.88 million, at a reported average price of $1,933.
  • Wang Chun withdrew 10,997 ETH, valued at $21.88 million, from Binance. The reported average price was $1,990.
  • 58bro.eth withdrew 10,501 ETH, valued at $20.77 million, from OKX. The reported average price was $1,978.

The two purchases and two exchange withdrawals are distinct observations. The withdrawals alone do not establish that those ETH holdings were bought during the reported period or what their owners intended to do with them.

Original PANews report

Further reading