[Ancient Whale Returns to ETH, Regulatory and Institutional Actions Boost Market Sentiment]
November 27 news: According to on-chain data observation, an ancient whale address that previously interacted with the Ethereum Foundation has recently returned significant funds. Since yesterday, it has purchased 7,318 ETH at an average price of $3,016, amounting to approximately $22.07 million. This address had sold 12,575 ETH at a high point in August last year, and its total holdings have now risen back to 10,529 ETH.
On the regulatory front, the U.S. Nasdaq ISE has proposed increasing the position limit for BlackRock's IBIT options from 250,000 contracts to 1 million contracts, reflecting expectations for demand in spot Bitcoin ETF derivatives. The SEC has released a revised 2025 plan, which includes crypto regulation, safe harbor provisions, and rules specific to DLT.
On the institutional side, Ark Invest has increased its holdings in Coinbase and CoreWeave by over $16 million, continuing its capital deployment in crypto and AI infrastructure.