Ethereum’s (ETH) resilience to heavy market dips has caught the attention of several crypto currency whales, some of which are famous businessmen. Jack Ma, the creator of Alibaba shopping conglomerate that’s behind the digital superstore AliExpress, has just purchased 10,000 Ether (ETH) tokens via the Yunfeng Financial Group Limited (YFGL).
The $44 million investment into Ethereum (ETH) will puzzle it in as a strategic reserve asset in the YFGL firm. Coming from the enterprise’s cash reserves, this purchase is consistent with the investment conglomerate’s layout expansion into frontier areas, including but not limited to Web3 & Real World Assets (RWAs).
Are Other ETH Whales Following Ma’s Path?
With the large-money tracking Chaikin Money Flow (CMF) giving out completely neutral signs, it’s clear that the market is divided. Per LookOnChain’s latest data, some Ethereum (ETH) whales are keen on taking profits at the $4.3K price range.
According to LookOnChain, one anonymous ETH whale deposited 7.5K Ethers to Binance just a few hours back. The same mysterious crypto investor cashed out 15,202 ETH tokens from July 20 to August 12, 2025 at an average price of $3,869. Nevertheless, the whale still holds about $33 million worth of ETH in their self-custodial wallet.
Does this mean crypto whales are calling the cycle top? That’s unlikely, as other fundamentals still point to upward strength after ETH dipped from $4.7K to $4.3K. Finding its floor at this key support territory, the showpiece altcoin is still 74.5% up in yearly terms.
If the current $4.3K support level carries on holding, ETH’s price could take another swing at the $5K target, which also represents the highest-tier Bollinger Band (BOLL). Luckily for ETH, the scales are still pointing at altcoin season, as the ASI metric shifted towards 63, signaling top altcoin dominance against the flagship digital asset.
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People Also Ask:
Yunfeng Financial Group, linked to Alibaba’s Jack Ma, bought $44M in ETH for Web3 and blockchain projects.
To support Web3, DeFi, and asset tokenization, diversifying their investments.
A decentralized internet using blockchain, key to Yunfeng’s Ethereum strategy.
It boosts Ethereum’s credibility and could drive its price higher.
Yes, it shows major institutional interest, likely increasing Ethereum’s adoption.
