According to ChainCatcher, monitored by Lookonchain, after the Federal Reserve announced a 25 basis point rate cut, the OTC whale address 0xd8d0 used 112.34 millions USDC to purchase 25,000 ETH, with an average cost of $4,493.
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.