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A whale bought 5025 ETH with 12.8 million USDT 2 hours ago

A whale bought 5025 ETH with 12.8 million USDT 2 hours ago

CointimeCointime2024/08/12 09:12
By:Cointime

According to on-chain analyst Yu Jin, a whale who had previously sold 3,586 ETH (equivalent to $13.15 million) at a price of $3,667 on May 21st bought back ETH two hours ago. After selling the ETH, the whale deposited 13.15 million USDT into Aave, and two hours ago, they withdrew 12.8 million USDT to buy 5,025 ETH at a price of $2,547. This whale's ability to buy low and sell high is impressive, as they turned 3,586 ETH into 5,025 ETH.

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