An unknown entity has been accumulating Ethereum in a big way. Since March 10, it has spent around $

Ancient Whale Wakes: 10-Year-Old Wallet Buys $187M ETH After Selling Top Near $3.6K

A seasoned whale is back in action. Onchain Lens reports that four wallets—likely controlled by the same entity—have scooped up 86,268 ETH for $187.3 million USDT since March 10, paying an average of $2,171. The move comes just over a year after they sold 53,799 ETH near the top at $3,578, pocketing $192.5 million.

The history runs deep: these wallets received ETH from ShapeShift a decade ago, and Arkham AI has tagged them as "Erik." The analyst suspects they may control even more wallets. A patient player with a long memory.