An Ethereum initial coin offering (ICO) participant has moved 1,700 ETH, valued at approximately $3.18 million, to Binance after nearly eight years of dormancy. This transfer follows another notable event where a whale purchased 1,906 ETH for $3.6 million to acquire 20,654 AAVE just hours prior. Additionally, another whale recently bought 3,195 ETH for $5.97 million at a price of $1,868, accumulating a total of 29,341 ETH worth about $58 million over the past three days at an average price of $1,983. Grayscale has also made headlines by purchasing $4.7 million worth of Ethereum, indicating strong interest from large investors in the cryptocurrency market. The recent activity suggests a trend of accumulation among major players in the Ethereum ecosystem.