A major whale spends 64.04 million USDT to purchase 18,600 ETH in two days
According to Foresight News, as monitored by Ember, a certain whale/institution spent 64.04 million USDT over two days to purchase 18,557 ETH at an average price of $3,451. This address withdrew 47.28 million USDT from an exchange, Cumberland, and other platforms to the blockchain to buy ETH, then collateralized the ETH on Aave to borrow another 16.75 million USDT for further ETH purchases. Currently, this whale/institution holds approximately 38,000 ETH.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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