Ethereum Sees Massive Encrypted ICO And 40,302 ETH Buy As Accumulation Hits Key Support Zone

Ethereum has recently been linked to a fully encrypted ICO on its mainnet, where Zama reportedly ran a sealed-bid Dutch auction using confidential USDT and encrypted data. Within three days the sale drew over $118 million, shielding more than $100 million and attracting 11,000+ verified bidders, while BitMine Immersion Technologies bought 40,302 ETH in one transaction and now holds 4,243,338 ETH. On-chain data also indicate that the realized price of major accumulation addresses is acting as a crucial support level, with whales continuing to add ETH at prices close to their entry.